More and more companies are turning to sustainability, and for good reason. Not only do many small business owners personally feel it is important to take a role in protecting the environment, but doing so has been proven to have a positive impact on their bottom line.
Taking the first step towards business sustainability can be daunting.of Xero App Store We are proud of many features Sustainability app It is designed to make climate change easier for small businesses by automating and streamlining sustainability measures. Many of the apps are low-cost or free, leverage data already in Xero, and require few additional resources to drive business change.
Protect the Earth and Help Your Profits
Many small businesses are choosing to take climate action in line with their values, and research shows that it’s increasingly doing it well for their customers, employees and investors as well.
- attract customers. a 2020 survey by IBM We found that 6 in 10 consumers are willing to change their buying habits to reduce their environmental impact. Over 70% of those who say sustainability is important to them say they would pay a premium for products from companies that practice sustainability! believe they are taking action against climate change, demonstrating an ever-increasing appetite to win over customers.
- Attract employees. In addition to increasing customer numbers, adopting sustainable behavior in a business can also help attract more employees. According to KPMG research 70% of employees are likely to work for a company with a strong green footprint, and as many as 30% actually quit due to lack of a sustainability agenda.
- Attract investors. As consumer and employee attitudes change, it makes sense that investor decision-making will also shift toward sustainability-focused businesses. At the beginning of 2020, global sustainable investments reached US$35.5 trillion across his five major markets, a rapid year-on-year increase, according to. Global Sustainable Investment AllianceFinancing may be easier for small businesses that can demonstrate green behavior.
How can your app help drive sustainability in your business?
The Sustainability app on the Xero App Store offers features such as:
- Record and track your carbon footprint in different areas of your business
- Automate your carbon reporting so you can prove your sustainability to your investors, customers, employees, etc. and see where you can continue to improve
- Provide recommended next steps for business climate action
- Identify areas of your business that can save energy and reduce costs
Best of all, these apps integrate with Xero so you can seamlessly derive insights from your existing data without additional input, giving you a complete picture of your business.
What sustainability apps are currently available for small businesses?
We are now pleased to offer the following options for businesses in Australia, New Zealand and the UK.
- Cogo. available in Australia, Cogo Business Carbon Manager calculates the carbon footprint of your business based on your expenses, so you can provide detailed reports to your stakeholders and customers.
- Zero ecology. available in the UK, Ecologi Zero Offers Free Carbon Accounting Sync with Xero to view your business and supply chain emissions, revealing emissions hotspots and areas for improvement with easy-to-use dashboards.
- net nada. Available in Australia and New Zealand, NetNada automates carbon accounting and reporting tasks, providing an accurate measure of your carbon footprint and producing a detailed sustainability report with advice on what to do next.
- Evalue8 Sustainability. available in Australia, Evalue8 Sustainability Links to Financial Accounts Measure your carbon footprint with Xero, identify areas for further improvement and savings, and track your progress towards greater sustainability.
- Carbon Invoice. Available in Australia, New Zealand and United Kingdom. CarbonInvoice makes it easy Track and offset your emissions on every bill you send and share your efforts with your clients and wider network.
- carbon trail. available in New Zealand, CarbonTrail uses AI to automate carbon accounting Save time and money by reducing the cost of carbon audits and viewing monthly and annual reports of your largest emitters based on your Xero transaction.
- zero carbon. available in the UK, zero carbon It runs an intelligent climate analytics engine and presents insights in easy-to-read climate dashboards to help you track progress and compare progress against industry averages.
We are constantly adding more Sustainability Business apps to the Xero App Store. A collection of these apps Find the best in your area to drive green results in your business.