Triple impact companies

Triple impact companies are those that seek to generate not only economic benefits but also create social and environmental value for the community where they are settled.

Triple impact companies are those that seek to generate not only economic benefits but also create social and environmental value for the community where they are settled.

Transforming an organization based on sustainability, although it may involve changes, definitely creates value and generates benefits (which can range from energy savings to social legitimacy and local support to operate, to name just a few).

There is a growing trend in the world of companies that motivate them to adopt a purpose that generates a positive impact on society and the environment beyond the generation of profits.

Transforming a company based on sustainability requires a process and tools to gain greater speed.

A fundamental part is the implementation of impact measurement tools, a concept that is not widely used but is central to encouraging this type of sustainable initiatives.

Standardization of measurement through recognized standards streamlines processes and offers credibility, comparability, reliability, and consistency. In line with this, GBM signed an agreement with Green Cross UK to join the CPSI (Climate Positive Sustainable Infrastructure) program that monitors and certifies the implementation of sustainable infrastructures.

On the financial side, a sustainable financing alternative is opened only when a company can demonstrate that its initiatives have a positive social and environmental impact. In the world, this phenomenon is on the rise. The GBM project guarantees after one year, the investments made in the said entity will have access to the purchase of green bonds at a promotional value. The Climate Bonds Initiative (CBI) estimates that, despite the coronavirus, green bond issues will grow by over 35% globally.

Creativity and the use of all available tools to promote projects that care for the environment and generate positive social impact are concrete paths for development.

All that has been said is represented in the commitment assumed by GBM in the GS1 reserve in the town of San Pedro (Misiones). Through this initiative, GBM promotes the generation of formal employment, the strengthening of a green economy, the incorporation of new players into the market, the growth of local economies, and greater economic autonomy for vulnerable groups.

#economy #sustainability #greeninitiatives #environment #crypto

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