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Posted On: 12/13/2024 5:35:02 PM
Post# of 71
HubSpot Shines as an Example in Integrating Sustainability
HubSpot is an all-in-one online digital platform that provides millions of users and small businesses with different tools for content and customer service management as well as sales and marketing, which when used together can deliver great results. This is in addition to being a thought-leader with regard to sustainability.
Yogesh Chauhan, the Senior Director of Sustainability at HubSpot, recently discussed in an interview how sustainability represented the crossroads of international regulations, innovative practices and consumer behavior.
He revealed that the foundation of their company’s sustainability strategy centered on ensuring transparency, measuring their carbon footprint, and delivering on both public and internal commitments. He also explained how the platform had navigated this space to become a leader in helping medium-sized as well as small businesses adopt sustainability while complying with market demands.
In addition, he discussed the influence of consumer behavior on sustainability, explaining that businesses needed to find a happy medium between aligning to consumer values and moving faster than they could adapt to change.
He explained that businesses would need to move at a pace that allowed consumer behavior to gradually change while still finding ways to lessen the gap in price between non-sustainable and sustainable products. Chauhan argued that while most consumers still purchased cheaper products over sustainable ones, recent data had shown that consumers had also become more observant when they shopped. This, he noted, meant that brands needed to actually put in the work when it came to ESG.
HubSpot itself is working towards decarbonizing its supply chains, with over 90% of its emissions being generated directly from the supply chain. To achieve their objectives, the firm has begun incorporating sustainability criteria into tendering processes on the procurement end.
It is also providing guidance and support to businesses that wish to become more sustainable, and plans to broaden its social impact program.
In his interview, Chauhan also highlighted how innovation held the key to meaningful change when it came to addressing climate change. He added that for effectiveness, there was still a need for regulations to help reduce the prices of sustainable products and encourage their adoption.
He gave the example of the energy sector, whose regulations and market forces had established sustainable defaults. Regarding the future, he is concerned that the politicization of ESG initiatives may affect the adoption of sustainability trends at a larger scale. Despite this, he adds, he’s still optimistic about the future.
Other companies like Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) have also opted to implement ESG practices within their different operations. With time, this could become the norm and entities that haven’t embraced ESG will be the exception.
NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESG, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
HubSpot is an all-in-one online digital platform that provides millions of users and small businesses with different tools for content and customer service management as well as sales and marketing, which when used together can deliver great results. This is in addition to being a thought-leader with regard to sustainability.
Yogesh Chauhan, the Senior Director of Sustainability at HubSpot, recently discussed in an interview how sustainability represented the crossroads of international regulations, innovative practices and consumer behavior.
He revealed that the foundation of their company’s sustainability strategy centered on ensuring transparency, measuring their carbon footprint, and delivering on both public and internal commitments. He also explained how the platform had navigated this space to become a leader in helping medium-sized as well as small businesses adopt sustainability while complying with market demands.
In addition, he discussed the influence of consumer behavior on sustainability, explaining that businesses needed to find a happy medium between aligning to consumer values and moving faster than they could adapt to change.
He explained that businesses would need to move at a pace that allowed consumer behavior to gradually change while still finding ways to lessen the gap in price between non-sustainable and sustainable products. Chauhan argued that while most consumers still purchased cheaper products over sustainable ones, recent data had shown that consumers had also become more observant when they shopped. This, he noted, meant that brands needed to actually put in the work when it came to ESG.
HubSpot itself is working towards decarbonizing its supply chains, with over 90% of its emissions being generated directly from the supply chain. To achieve their objectives, the firm has begun incorporating sustainability criteria into tendering processes on the procurement end.
It is also providing guidance and support to businesses that wish to become more sustainable, and plans to broaden its social impact program.
In his interview, Chauhan also highlighted how innovation held the key to meaningful change when it came to addressing climate change. He added that for effectiveness, there was still a need for regulations to help reduce the prices of sustainable products and encourage their adoption.
He gave the example of the energy sector, whose regulations and market forces had established sustainable defaults. Regarding the future, he is concerned that the politicization of ESG initiatives may affect the adoption of sustainability trends at a larger scale. Despite this, he adds, he’s still optimistic about the future.
Other companies like Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) have also opted to implement ESG practices within their different operations. With time, this could become the norm and entities that haven’t embraced ESG will be the exception.
NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESG, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
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