Sustainability and ESG

At Business Chamber Queensland, we’re collaborating with businesses like yours to combine our collective power to drive change. Adopting sustainable practices is an asset. Implementing sustainable practices lifts productivity, increases procurement and helps retail talented employees.

In today’s evolving Australian business landscape, environment, social, and governance (ESG) factors are becoming essential to long-term success. But if you’re unsure what ESG means for your business or where to begin, you’re not alone. Let’s break it down for you.

Not sure where to start? Talk to a consultant

How sustainable is your business? Take the Maturity Assessment to find out.

Sustainability is an asset

Being a leader in implementing sustainable practices sets your business apart from your competition, while it positions your brand as being socially responsible.

It also boosts efficiency and improves ability to withstand challenges, win contracts and attract investment – all while benefiting the community and the environment.

What is ESG?

Environment: This focuses on your impact on the natural world—things like climate change, energy usage, water conservation, and overall environmental responsibility.
Social: It’s all about people. This includes how your business builds and nurtures relationships with employees, customers, stakeholders, suppliers, and the broader communities in which you operate.
Governance: This involves setting the ethical and operational standards for how your business is run, ensuring transparency, accountability, and fairness.

Why embrace ESG?

Incorporating ESG principles isn’t just good for the planet—it’s good for business. Here’s how ESG can benefit your business directly:

Earn customer loyalty by demonstrating responsibility and integrity.
Reduce operating costs through smarter, sustainable practices.
Improve financial performance as ESG-driven companies tend to outperform their competitors.
Win contracts and new business with customers that prioritise sustainability and ethics.
Manage risks effectively, from regulatory compliance to reputation management.
Boost social responsibility and stand out as a leader in your community.
Enhance long-term sustainability by integrating environmental and social concerns into your core business strategy.
Meet stakeholder and community expectations with a clear commitment to doing good.
Navigate regulations with ease as ESG helps you stay ahead of changing rules and standards.