Businesses have a responsibility to reduce their environmental impact; something which women are proven to be more aware of than their male colleagues. As such, it’s no surprise that when it comes to sustainable business, female-led companies are guiding the way!
In light of International Women’s Day, we want to celebrate the inspiring work of women in sustainability who are pushing for a more planet-conscious approach in business.
Women in Sustainability: The Movement
Women are championing the movement when it comes to sustainability, in a way that far exceeds their male counterparts. In fact, research suggests that the number of women on acompanies' board directly correlates with their sustainability efforts. The benefits don't stop there.A study from the University of Adelaideshows that ‘for every additional woman appointed to a corporate board’ the risk of being sued for environmental reasons is reduced by 1.5%. These statistics demonstrate the need for the gender gap to be closed, and for more female representation to occur across corporations. After all, sustainability should be a fundamental part of any business model, something to which women give higher priority.
So why are women more likely to prioritise climate change?
Women have an inherent social responsibility that aligns with long-term ethical visions, causing them to act as 'agents of change’. In contrast, men are more likely to act competitively on short-term goals, rather than considering the greater good. The difference in attitude between men and women, when it comes to the environment, has been referred to as the ‘eco gender gap’. Because of this, gender-balanced executive teams are more likely ‘to invest in renewable power, low-carbon products, and energy efficiency’. In summary, more women in business will help us to get closer to our sustainable goals.
‘We cannot accept anything less than a path to save ourselves, which this is’ - Alexandria Ocasio-Cortez
At Fyne Jewellery, we shape our business model on the UN Sustainable Development Goals. With their 2030 agenda fast approaching, it’s imperative that more women are assigned to executive roles within corporations so that we can push for environmental change.
Learn more about our female-led company and our conscious efforts to sustain, preserve, and protect the beauty of our planet.