4 ways to make your business more sustainable

As a member of the pharmaceutical industry, ways to make our business more sustainable is an ever-evolving conversation at ALLpaQ. With the right formula, environmental and economic sustainability can go hand-in-hand.

At least, that’s the way we see it at ALLpaQ. And, guess what, it works!

You can read more about our environmental credentials and methodology in our recent article: Responsible Pharma Packaging: ALLpaQ Environment Statement.

For the purposes of this article though, let’s turn the spotlight on to your business. And, in doing so, we’ll share some tips and tricks to help you on your journey towards sustainability.

So, without further ado, here’s 4 ways to make your business more sustainable.

What does sustainability actually mean?

During the United Nations (UN) Environment commission of 1987, chairperson Gro Harlem Brundtland defined the term sustainability as ‘development that meets the needs of the present without compromising the ability of future generations to meet their own needs’.

Now known as the ‘Brundtland’ definition, it has become the global standard for sustainability and has long lasting significances for today’s businesses and national governments.
Here are 4 reasons why your business should strive to become more sustainable.

1. Improved brand image and competitive advantage

Recent research indicates that consumers are more likely to buy products from brands they know are actively trying to reduce the impact their activities have on the environment. Companies which adopt such an approach often become market leaders which, in turn, imbues them with a competitive advantage over competitors who fail to embrace sustainability practices.

2. Increased productivity and reduced costs

Typically when people think about becoming more sustainable, they are put off by the costs associated with organisational change. In the case of sustainability though, the initial cost of change is often quickly made up. This is because the company will become more reliant on renewable energy, which in turn reduces utility bills, whilst streamlining operational efforts by conserving raw materials.

3. Increased ability to adapt and comply with government set regulation

As more and more individuals become aware of the impact organisations have on the environment, governments continue to introduce regulations and laws to protect the earth. Integrating sustainability into your business now will allow you to position yourself to be able to quickly meet changing regulations, saving you time and money in the process.

4. Attract high skilled employees and investors

People like to be associated with positive change. This is particularly so for younger generations raised against the backdrop of environmental protectionist messaging. As such, demonstrating your company’s sustainable ethos will attract young, highly skilled employees and the funds your business needs to expand.

ALL sustainability at ALLpaQ

Sustainability is built into the very fabricate of our business from brand, product to processes. ALLpaQ bioprocess containers are, for example, fabricated to streamline supply chains, minimise waste and reduce carbon emissions.

If your business is looking to make its supply chain more sustainable, then hit the link to find out more about our pharma packaging products.

Author

Phill Allen

Managing Director

An in and outside the (bioprocess) box thinker, fluid management specialist Phill knows a thing or two about keeping pharma liquid logistics flowing.

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