Why Startups can’t afford to ignore sustainability in 2021

More Governments in Europe are ambitious in their efforts to combat climate change. But Europe is not the only region. Joe Biden has promised to rejoin the Paris Climate Agreement when he entered the office this month.

The European Union recently set new, tougher goals for member nations to reduce their emissions for the coming decade. And Greta Thunberg keeps reminding us of the urgency of working on sustainability.

When there is more focus on this topic from the consumer, governments, and side, startups should focus more on sustainability. In 2018, sustainable investing totaled $30.7 trillion worldwide, a 34% increase from 2016. A report from Morgan Stanley shows that 85% of investors are interested in sustainable investing.

There is also a fast-growing interest among the younger talent community who wants to engage in sustainability and work for companies that share the same values. A recent study in Sweden shows that Gen Z sets higher expectations on employers regarding values & sustainability contribution.

With more focus from so many stakeholders, startups should consider intersecting with sustainability as an opportunity and a necessity.

It’s more likely to have a higher success rate as a startup when more investments, regulations, and top talents go in that direction.

On Genvlaues startups and scale-ups can connect with top engineers that are looking for a match based on sustainability and team values

If you like this article, please clap and share it.