Doing Business Responsibly - Food & Beverage
min readThe environmental, social and governance (ESG) issues that Food & Beverage (F&B) businesses face have evolved significantly in recent years. Increased scrutiny from regulators, investors and customers means that doing business responsibly and sustainably is no longer a choice, or even just the ‘right’ thing to do; it is key to financial performance and future survival.
Clearly, a return to growth will be a priority post-pandemic, not least for F&B businesses that have been among the hardest hit by sustained periods of lockdown. But all indications are that COVID-19 has made a focus on sustainable operations more, not less important – that investor capital and customer loyalty will flow to those businesses that are best prepared to withstand future systemic shocks (including climate change) and seen to be making a positive contribution to society.
In ‘Doing Business Responsibly: Food & Beverage’ we consider a range of options for businesses seeking to operate sustainably and build back better. We explore:
Becoming a B Corp
One way for your business to mainstream purpose and responsibility into the DNA of your corporate governance and structure.
Modern Slavery
And what you can do to mitigate the risks in your supply chain.
Charitable Foundations
And how you can help support the wider community with them.
Your Environmental Impact
How you can shape your commercial contracts to support the move towards a low carbon economy.
We have supported many in F&B as they have sought to tackle the challenges of the COVID-19 restrictions. We understand the difficulties you have faced and believe that taking measures now to enhance your ESG credentials will strengthen your business now and for the long term. Our experience guiding clients through these issues, together with our own commitment to doing business responsibly, make us well placed to help other businesses at all stages of the sustainability journey.
Please find our link below to ‘Doing Business Responsibly’. We hope that you find the guide insightful - please get in touch with us to discuss sustainability in the context of your business.
For more information, or to discuss the themes in our Doing Business Responsibly guide, please get in touch with Kerry Stares, or Sarah Rowley.
