1. Trade Hub Knowledge Base
  2. Climate, environmental, social and governance

What is Sustainability?

Sustainability is the long-term goal to protect and manage Earth’s resources by creating balance in the environment, society and the economy. Trading sustainably is the pathway that businesses are being asked to take in order to achieve this.

Green planet earth with solar energy batteries, panels installed on it.

Trading sustainably has become increasingly important to reduce costs, leverage investment, increase competitiveness and boost reputation with customers and staff.

Many businesses are already planning to reduce their consumption of materials such as paper, food, and plastics, whilst reducing energy consumption is imperative to become more sustainable. 

A business thinking about trading sustainably needs to consider all aspects of operations, including transport, plant, equipment, materials and waste policies.

Further Support

InterTradeIreland offers a range of funding supports to help organisations with innovation. These supports can be used in a wide variety of business areas including:

  • ESG
  • Sustainability
  • Digitalisation
  • Supply chain.

More information about these supports, including eligibility criteria and details on how to apply, can be found at the following link: How We Support Innovation | InterTradeIreland

Other useful information can be found at the links below:


 

Article reviewed: August 2023