• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, January 28, 2023
TheGreatNews.com
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
TheGreatNews.com
No Result
View All Result

Gen Zs and millennials need businesses to fight climate change

in GREEN ENERGIES
Reading Time: 3 mins read
A A
Gen Zs and millennials need businesses to fight climate change
Share Share Share Share Share

Related articles

How government procurement creates a snowball effect for corporate climate action

Sustainability is beautiful at Estée Lauder Companies

Despite the impact of the COVID-19 pandemic, geopolitical conflicts and high inflation, protecting the environment remains a top priority for Gen Zs and millennials. According to Deloitte’s 2022 Gen Z and Millennial Survey, both generations put climate change just behind the cost of living as their top societal concern.

About three-quarters of Gen Zs and millennials believe the world is at a tipping point when it comes to responding to climate change, and 90 percent of both groups are taking steps to reduce their environmental impact. Their deep concern about climate change influences their decision-making about everything from the food they eat to the companies they work for.

Near term, Gen Zs and millennials are focused on everyday actions such as using secondhand and recyclable items, and sourcing local and organic food. And despite their financial concerns, many say they are willing to spend more to make sustainable choices. While they may currently find it challenging to invest in more expensive items such as solar panels and electric vehicles, half of those surveyed say they plan to make these purchases in the future.

They also want to work for organizations that reflect their values, have a positive impact on the environment and make them feel like they as individuals can make a difference. In fact, nearly two in five of those surveyed say that they have rejected a job or assignment because it did not align with their values.

Gen Zs and millennials want their employers to share their sense of urgency about climate change.

Pushing employers to do more

According to Deloitte’s recent 2022 CxO Sustainability Report, 79 percent of executives agree that the world is at a tipping point in responding to climate change. However, only 15 percent of Gen Zs and 14 percent of millennials believe businesses are strongly committed to taking climate action. Nearly half of Gen Zs and more than four in 10 millennials say they are pushing their employers to do more.

Gen Zs and millennials want employers to prioritize visible, everyday environmental actions, such as banning single-use plastics and providing training to help people make better choices in their everyday lives. They also want more opportunities to take part in their organizations’ climate efforts.

Their deep concern about climate change influences their decision-making about everything from the food they eat to the companies they work for.

Lower priority for Gen Zs and millennials are some broader, deeper climate initiatives that businesses can take to drive change outside of their own organizations, such as increasing public policy engagement and implementing strategies to reach net-zero greenhouse gas emissions. This is likely due, at least in part, to the fact that such efforts can be less visible and less easy for employees to get involved in directly.

A two-pronged approach

The separate survey findings suggest that employers have a valuable opportunity to help differentiate themselves by taking a two-pronged approach.

One element is to prioritize the everyday climate actions that are highly visible. As the survey findings underscore, Gen Zs and millennials are evaluating both current and prospective employers on the basis of these climate actions. That has implications for companies’ ability to recruit and hold on to members of these highly mobile generations.

As a second element, companies should engage people across the organization — especially Gen Zs and millennials — to help them understand longer-term objectives and the relative impact of these objectives when it comes to driving global progress.

A critical part of this effort is to inspire employees to take part in these initiatives and become agents of positive change. For example, a longer-term strategy such as committing to achieving net-zero greenhouse emissions requires a wide array of efforts, including educating and empowering people to integrate sustainability factors in their decision-making; reducing carbon emissions; greening office locations, fleets and supply chains; and offering sustainable products and services.

Look for opportunities where these efforts could draw in enthusiastic participants, and further deepen training for those involved in the roles most relevant to the effort’s success.

Organizations that take visible, meaningful action — and give their people the chance to get involved — can gain a significant advantage when it comes to recruiting and retaining Gen Zs and millennials. At the same time, by empowering employees to help fight climate change, businesses will be better positioned to drive change at scale and make a truly meaningful impact.

By answering this call to climate action, companies can create a unique “win-win-win” situation — for employers, for Gen Zs and millennials, and most critically for the environment.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Investing in Chewy Will Require More Than One Earnings Report

Next Post

The Mental Toll of Keeping a Secret

Related Posts

How government procurement creates a snowball effect for corporate climate action

How government procurement creates a snowball effect for corporate climate action

August 25, 2022

The congressional and federal climate action of the last few weeks is likely to have a significant impact on the climate movement for years to come....

Sustainability is beautiful at Estée Lauder Companies

Sustainability is beautiful at Estée Lauder Companies

August 25, 2022

Al Iannuzzi is vice president of sustainability at The Estée Lauder Companies, where he directs enterprise-wide sustainability efforts and establishes and executes on the company’s sustainability...

Three ways agri-businesses can feed the world sustainably through circular food systems

Three ways agri-businesses can feed the world sustainably through circular food systems

August 25, 2022

The world is reeling from three crises: nature; biodiversity loss; and poverty. Food systems contribute greatly to all. On the climate crisis, about 30 percent, or...

New campaign calls on world’s largest firms to respond to global water crisis

New campaign calls on world’s largest firms to respond to global water crisis

August 25, 2022

Global sustainability investment group Ceres has launched a new effort to engage 72 of the world's largest companies to encourage them to tackle water-related financial risks...

The Future of SEC Regulation and How to Prepare

The Future of SEC Regulation and How to Prepare

August 25, 2022

Helping investors make better decisions may be the driving force. But the reality is that the U.S. may be moving closer to mandated Environmental, Social, and...

Next Post
The Mental Toll of Keeping a Secret

The Mental Toll of Keeping a Secret

Behind the high-tech COVID-19 tests you probably haven’t heard about

Behind the high-tech COVID-19 tests you probably haven’t heard about

Stranger Delivers Medicine to Frantic Canadian Mom with Sick Children

Stranger Delivers Medicine to Frantic Canadian Mom with Sick Children

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

insurance

“Life Insurance and its Impact on Overall Well-being”

January 24, 2023
TheGreatNews.com

This is an online news portal that aims to provide the latest updates about mindset, well being, positive news, wisdom, purpose, new technologies, entrepreneur, green energy, success, good life and stuff like that around the world. Feel free to get in touch with us!

© 2021 - TheGreatNews.com - All rights reserved!

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE

© 2021 - TheGreatNews.com - All rights reserved!