A Call to Corporate Responsibility

  • 3 Oct 2023
  • 4 Mins Read
  • 〜 by Abigael Ndanu

In a world grappling with the severe consequences of climate change, the transition to renewable energy sources has become an imperative for individuals, communities, and corporations alike. Sama, a prominent training-data company specialising in data annotation for artificial intelligence algorithms recently made a significant leap towards sustainability by adopting 100% renewable energy in their North American offices. They achieved this remarkable transformation by embracing CleanPowerSF’s SuperGreen programme, which provides clean energy to their North American offices. Additionally, they took part in HydroQuebec’s groundbreaking pilot programme for renewable energy certificates in their Montreal office. These initiatives have enabled a remarkable transformation towards a greener future.

 

The adoption of renewable energy sources, such as wind, solar, and hydro power, is a critical step towards achieving a sustainable and low-carbon future. Sama’s decision to switch to renewable energy highlights the importance of reducing carbon emissions and aligning business practices with environmental stewardship. This transition is not merely symbolic; it is a concrete step towards addressing climate change and promoting the responsible consumption of energy.

 

Sustainable Development Goals (SDGs) set by the United Nations serve as a blueprint for a better and more sustainable future for all. Sama’s shift to renewable energy directly contributes to several SDGs, including Goal 7 (Affordable and Clean Energy), Goal 12 (Responsible Consumption and Production), and Goal 13 (Climate Action). By adopting renewable energy, the company actively participates in global efforts to combat climate change, reduce inequality, and ensure a sustainable energy future for generations to come.

 

As consumers and investors increasingly demand eco-friendly practices, companies are recognising the need to adopt sustainable measures. Renewable energy investments have surged globally, indicating a growing commitment to reducing the carbon footprint. As the world grapples with the urgency of climate change, businesses expectations have never been higher. Global society looks to corporations not only to mitigate their environmental impact but also to be active drivers of change. To meet these expectations, organisations must:

 

  1. Set Science-based Targets Like Sama, whose target is to reduce their absolute Scope 1 and 2 emissions by 50% and Scope 3 emissions by 50% per employee by 2030, companies should establish science-based carbon reduction targets that align with the goals of the Paris Agreement. These targets should be ambitious and aimed at limiting global warming to well below 2 degrees Celsius.
  2. Transition to Renewable Energy Embrace renewable energy sources as a primary means of power generation. Investing in solar, wind, and hydro energy not only reduces carbon emissions but also provides long-term cost savings.
  3. Measure and Report Progress Accurate measurement of carbon footprints and transparent reporting of progress are essential. Shareholders, customers, and the public increasingly demand transparency and accountability in sustainability efforts.
  4. Advocate for Policy Changes Engage with policymakers to advocate for supportive regulations and incentives that promote renewable energy adoption and sustainable practices.

 

Sama’s switch to 100% renewable energy for its offices in North America signifies more than just a change in power source; it represents a commitment to a sustainable future, aligns with global SDGs, and sets a precedent for organisations worldwide. As we navigate the climate crisis, every step towards sustainability counts. The path to a more sustainable world is paved with choices like these, and together, businesses can drive positive change for our planet. 

Overcoming challenges in the sustainability journey for businesses

Sustainability has transformed from mere jargon into an integral facet of business strategy. Companies worldwide acknowledge the imperative of embedding sustainability practices within their operations, not just to safeguard the environment but also to meet the surging expectations of socially conscious consumers. Nevertheless, numerous businesses encounter resource challenges on their path to sustainability, spanning financial constraints to expertise limitations. If you’re a business embarking on the sustainability journey, you understand that the road has been far from smooth, marked by highs and lows, some of which involve securing investments to bolster resource efficiency or bridging knowledge gaps in supporting sustainability initiatives.

On the flip side, business proprietors and managers may perceive the adoption of sustainability practices as a time-consuming and distracting endeavour, fearing it might divert their focus from core operations and disrupt regular processes, potentially impacting production and sales adversely.

Hence, for any business aiming to make a positive impact on society and the environment, it’s paramount to establish clear goals and priorities. Craft a well-defined sustainability strategy outlining objectives and priorities while emphasising measurable targets. This approach enables efficient resource allocation, preventing wastage of time and money on initiatives misaligned with core sustainability objectives.

Moreover, harness the power of technology and innovation. Advancements in these realms render sustainability more attainable for businesses, be it through energy-efficient machinery or sustainable supply chain software. Investing in such technologies can yield long-term cost savings and enhanced sustainability performance.

Collaboration and networking serve as potent resources for businesses on their sustainability journey. Participation in industry associations, partnerships with like-minded organisations, and stakeholder engagement grants access to invaluable resources, knowledge, and opportunities. Collaborative endeavours also mitigate costs and resource demands.

Perhaps most crucially, engage your business’s prime drivers – the employees. They represent the most valuable asset a business possesses. Some contribute ideas, participate in sustainability initiatives, and embrace sustainable practices in their daily work. This not only taps into their knowledge and enthusiasm but also fosters a culture of sustainability within the organisation. Most importantly, investing in education and upskilling employees helps them become more resource-efficient and innovative.

Implementing Circular Economy Practices is another pivotal step. A circular economy approach aims to curtail waste and optimise resource efficiency. By adopting circular economy principles, such as recycling, reusing, and refurbishing products and materials, businesses minimise their resource consumption and waste generation. This not only aligns with sustainability goals but also leads to cost savings over time.

Lastly and most importantly, measure and report progress. Effective resource management in sustainability requires continuous monitoring and reporting of progress. Implementing key performance indicators (KPIs) and sustainability metrics enables businesses to track their sustainability performance and make informed decisions. Transparent reporting also builds trust with stakeholders and attracts investors and customers who value sustainability.

Check through your business operations and set those indicators with a target in mind. When reporting, ensure, you align this with a timeframe. As consumers and investors increasingly prioritise sustainability, businesses that successfully navigate sustainability hurdles will not only protect the planet but also significantly contribute to society and enhance brand reputation.