Addressing climate change has become a critical responsibility for large companies in recent
years, as they face growing pressure from governments, consumers, and investors. Many
organisations are stepping up to tackle their environmental impact, recognising that
sustainable practices are both a moral obligation and a business imperative.
Here, we explore the key ways large companies are taking action to combat climate change.
1. Reducing carbon emissions
One of the most significant steps many large companies are taking is reducing their carbon
footprint. Energy consumption is a primary contributor to greenhouse gas emissions, so
businesses are adopting energy-efficient technologies to lower their energy use. For
example, smart building systems, optimised manufacturing processes, and energy
management software are becoming standard practices across all industries.
One way to achieve this is by transitioning to renewable energy sources such as wind, solar,
and hydroelectric power. By signing renewable energy agreements, or even building their
own solar farms, big companies are committing to running their operations on 100%
renewable energy in the near future. These renewable energy transitions not only reduce
emissions but also signal a shift toward a cleaner global energy system.
2. Transforming supply chains
Supply chains are some of the largest contributors to environmental degradation. For large
companies, rethinking supply chain practices is essential to achieving meaningful
environmental impact. Many organisations are prioritising sustainable procurement policies
by sourcing materials that are renewable, recyclable, or have a lower carbon footprint. For
example, the fashion industry is steadily shifting toward sustainably sourced fabrics, while
the automotive industry is investing more in recycled materials for car production.
Collaboration with suppliers is key here. Companies need to work closely with their supply
chain partners to introduce eco-friendly practices, ensuring that sustainability principles are
implemented at every stage of the production process. Some businesses are introducing
strict sustainability standards, requiring suppliers to meet certain benchmarks related to
carbon emissions, water conservation, and ethical labor practices.
3. Investing in green innovation
Innovation is at the heart of the fight against climate change – and many companies are
funneling resources into research and development to create new technologies that address
climate challenges. These investments include advancements in alternative energy sources
like hydrogen power, breakthrough carbon capture and storage systems, and sustainable
manufacturing processes that use less energy and produce fewer emissions.
For instance, some companies in the tech sector are developing software and AI tools to
monitor and manage emissions in real time, allowing businesses to optimise their
environmental performance. Meanwhile, organisations in the food and agriculture industry
are exploring innovations like vertical farming, plant-based meat alternatives, and
regenerative agricultural practices to reduce their environmental toll.
Meaningful steps toward a more sustainable future
As the world as a whole looks to a more sustainable future, large companies hold immense
power to drive progress and deliver measurable results. Through targeted efforts to reduce
emissions, transform supply chains, and invest in green innovation, such businesses are
taking meaningful steps to help protect our planet.
However, the impact of these actions goes beyond individual organisations. As influential
players in the global economy, large companies have the ability to shape industries, inspire
smaller businesses, and influence consumer behavior. By fostering cultures of sustainability
within their operations and among their stakeholders, they set an example for others to
follow.
While challenges like financial constraints, technological limitations, and resistance to
change remain, the progress being made demonstrates what is possible. With continued
commitment and collaboration, large companies can lead the way in creating a greener,
more equitable world.
