Five Major Environmental threats to business Growth

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Our planet is currently plagued by environmental concerns that are reducing its natural resources and placing our livelihood at major risk. Businesses that continue to overlook these issues and fail to align their operational policies with sustainable practices can suffer from unrepairable

The following five environmental threats are tormenting the planet and can directly or indirectly impact your business growth. Read on to learn more.

Demographic displacement

The melting polar caps are responsible for the rising sea levels across the globe which has subjected coastal cities to immense consequences. The migration of people living in these areas due to flooding has put businesses at risk. In case of severe storms, several businesses have had to shut down operations or immediately evacuate which has either destroyed or heavily damaged equipment, produces, and other raw materials. As a result, businesses are at a major loss during times of such natural disasters and are often unable to recover their losses.

Moreover, the warming of the planet causes a disruption of every company’s client base since residents are forced to relocate. Therefore, enterprises lose their customers which leads to low revenue generation. This not only hurts consumers but also the company’s marketing strategy and business bottom line. As climate change increases in frequency, businesses will be subjected to more extreme weather conditions that cause them major financial and physical damage. When corporations are exposed to frequent physical calamities, the cost of insurances is raised as well which can also put a hole in their overall financial budget. If enterprises fail to align their operational strategies with eco-friendly policies they will turn incapable to recover from the environmental threats that may arise in the future.

Deforestation

Deforestation is a leading contributing factor to the world’s environmental problems. Each year millions of hectares of forests are demolished resulting in loss plant and animal species, as well as the destruction of habitats. It is a driving force of climate change as trees that used to absorb the carbon dioxide in the air are no longer present, leading to an increased percentage of greenhouse gases.

Businesses that rely on these forests for medicine, food, etc. have limited valuable forestry left to find these resources and manufacture into products for commercial use. The availability of these raw materials directly impacts business operations and their success. Their failure to align with sustainability will result in direct and supply chain risks for suppliers and customers. As of now, the world’s forests are disappearing at an alarming rate and if further destroyed, the world loses a major defense against climate change and its additional dangers that could be critical to the success of enterprises.

Soil degradation

Another major environmental threat is soil degradation. It is when the soil loses its fertility and nourishing value so it can’t be used for agriculture or growing any greenery. If not recovered, it could have devastating impacts on all neighboring life forms and businesses. Unfortunately, half of the topsoil on earth has been lost in the last 150 years due to agricultural procedures.

When the soil becomes incapable of providing minerals necessary for plants, trees, and crops to grow and survive it can put many agricultural firms and farmers out of income and cause a major loss for businesses dependent on those produces. Furthermore, soil degradation goes beyond the loss of fertile land but also leads to increased pollution and sedimentation in rivers which clogs waterways for flora and aquatic life nearby. The loss of valuable land is a growing concern for the world as it impacts the global community whose livelihood relies on these agricultural produces. Pastures and farmers can make no use of an infertile ground and if we fail to utilize sustainable land use then the dirt beneath our feet will become incapable of nurturing life.

Draining of natural resources

The growing world population requires a massive supply of resources to fulfill all demands. The rate of consumption is increasing as people require different raw materials to perform daily activities. This places a huge pressure on the earth’s natural resources since industries are dependent on these materials for their livelihood. And when you get governments misusing these resources without any environmental conscience, the result is environmental chaos and disasters. Now, we’re presented with lacking fossil fuels which have elevated the cost of shipping, fuel, gas, etc. This leaves no room for growth or expansion of smaller businesses as most of their proceeds are spent on adjusting maintenance, purchasing raw materials, and other operational costs.

Companies have started assigning resource management objectives to promote sustainability and emphasize the efficient utilization of raw materials to produce goods. Businesses need quality resources to support the growing population and their demands, but this can only be done if we learn to convert natural resources into products more efficiently. This will lead to reduced waste production which will effectively cut down their overall carbon footprint.

For instance, carpet cleaning companies can make use of sustainable and eco-friendly cleaning products so consumers are more inclined to trust their brand and its services. If your carpet care business is located in the core of London, clients can search for your business through local search using the keyword “carpet cleaning Putney”. In doing so, they will learn more about your brand’s active contribution to being more environment-friendly which will convince them to purchase your services. 

Wrapping Up

Being mindful of these environmental threats can make enterprises and the community conscious of the things they can do to protect the earth and its remaining resources. The longer we wait to address these dangers the harder it will be to combat them in the future. The environmental crises that we face today require the collaborative effort of business leaders and governments to ensure that companies align themselves with sustainability. Ultimately, promoting sustainable practices will benefit the company as well as educate the public on the impending environmental issues and how to contribute to the betterment of the planet.

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