
Business Sustainability Trends
Becoming an environmentally conscious employer is an increasingly important factor for business success. Not only can adopting sustainable practices help organizations reduce their carbon footprint and contribute to the government’s goal to become net zero by 2050, but it can also offer several other benefits. Sustainable workplaces may notice reduced costs and higher productivity, which can positively affect profitability. Additionally, sustainable employers may find it easier to attract and retain staff. Nearly 60% of Canadians want to work for a company that prioritizes green initiatives, according to market research company OnePoll in collaboration with Citrix Canada.
Employers can review their eco-friendly practices by considering the following workplace sustainability trends:
- Artificial intelligence (AI) and other evolving technologies—Organizations will increasingly leverage AI and other technologies to tackle the complexities of environmental, social and governance (ESG) data. Specifically, AI can enhance ESG automation and forecasting and suggest strategies for decarbonization. In addition, workplaces may gradually install “smart” building systems with automated sensors designed to adjust lighting, heating and other processes to improve energy consumption and reduce carbon emissions.
- Upcycling and recycling—Instead of discarding office furniture when it gets tired, upcycling has emerged as a popular strategy for reducing waste. Sustainable materials such as reclaimed wood and recycled plastics can be used to upcycle furniture, and bamboo, cork, and recycled carpet tiles offer sustainable flooring options. Organizations could also consider modular furniture when revamping office spaces. This furniture type allows individual components rather than the entire piece to be replaced when damage occurs.
- Low-carbon green retrofitting—According to the Government of Canada, buildings account for 18% of the country’s carbon emissions. As such, significant improvements must be made to buildings’ energy efficiency if the government’s net zero goal is to be achieved. Green retrofitting, where existing buildings are renovated to reduce their carbon emissions, may become more common going forward.
- Sustainable supply chains—Organizations are increasingly scrutinizing their supply chains to ensure their suppliers prioritize eco-friendly practices. Collaboration with supply chain partners can help organizations understand the origins and impact of their products and drive improvements across the production cycle.
- Agile working practices—Some organizations are investigating the benefits of agile working environments, such as co-working spaces. Reducing dedicated office space in favour of agile working environments and shared spaces can decrease energy consumption and material use.
Taking steps to operate sustainably can help organizations reduce their carbon footprint, enhance workplace culture and improve company reputation.