Green Credentials are Top Priority for Firms

The Future of Business report

Green Credentials are Top Priority for Firms

Businesses will need to respond to growing consumer concerns about the environment if they are to succeed in the next two decades, according a new report by HSBC. HSBC’s The Future of Business report, which forecasts major changes on the UK business landscape over the next 20 years, predicts that firms will have to show their corporate social responsibility (CSR) ethically and environmentally. “By law businesses are likely to have to demonstrate a level of sustainability, not just in terms of conserving energy but how ethical they are,” said the author of the report Martin Raymond. “Firms can gain credibility with customers by communicating to them what they are doing to be more sustainable,” he said. “Customers are increasingly demanding a high level of... »