{"id":3288,"date":"2024-08-08T11:16:27","date_gmt":"2024-08-08T11:16:27","guid":{"rendered":"https:\/\/founderlabs.in\/?p=3288"},"modified":"2024-08-08T11:21:35","modified_gmt":"2024-08-08T11:21:35","slug":"sustainable-startup","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=3288","title":{"rendered":"Sustainable StartUp Contribute to Environmental Protection"},"content":{"rendered":"\n

Are Startup Business looking for sustainable options for long term operations.<\/p>\n\n\n\n

StartUps that work toward sustainability in a way help in protection of environment, and this is no longer an option, but way for growing a sustainable business model which is prerequisite.<\/strong><\/p>\n\n\n\n

Entire social structure that includes consumers, employees, investors and the public at large now expect companies to focus not just on profits,but understand how business effects the environment.  <\/p>\n\n\n\n

Measuring success of business by financial terms is no more the only parameters, but now a company’s contributions are measured by addressing the social and environmental challenges.<\/p>\n\n\n\n

Embedding sustainability into their business models and core operations, companies make themselves protect future-proof themselves in the face of climate change. Now days the world is going through resource scarcity and lots of resources is required to start a business.<\/p>\n\n\n\n

Business that don\u2019t act responsibly have the risk of losing customers, top talent, regulatory approval and access to investment capital over the long run.<\/p>\n\n\n\n

Sustainable startups in India<\/strong><\/p>\n\n\n\n

India has a growing number of sustainable startups that are making significant strides in various sectors. <\/p>\n\n\n\n

    \n
  1. Ather Energy<\/strong>: Based in Bengaluru, Ather Energy manufactures electric scooters aimed at reducing air pollution.<\/li>\n\n\n\n
  2. Phool<\/strong>: This Kanpur-based startup recycles floral waste from temples into useful products like incense sticks and compost. <\/li>\n\n\n\n
  3. \u00a0ZunRoof:<\/strong> Specializing in solar rooftop solutions, ZunRoof helps households and businesses harness solar energy, contributing to cleaner energy consumption.<\/sup><\/li>\n\n\n\n
  4. Yulu:<\/strong> Yulu provides electric bikes and scooters for urban mobility, reducing traffic congestion and pollution in cities.<\/sup><\/li>\n\n\n\n
  5. BluSmart:<\/strong> This startup offers electric ride-hailing services, aiming to provide a sustainable alternative to traditional taxis.<\/li>\n\n\n\n
  6. Beco:<\/strong> Beco produces eco-friendly household products, including biodegradable garbage bags and bamboo-based tissues.<\/sup><\/li>\n\n\n\n
  7. Nexus Power: <\/strong>They develop biodegradable batteries made from crop residue, offering a sustainable solution for energy storage.<\/sup><\/li>\n<\/ol>\n\n\n\n

    These start-ups\u2019 are part of a larger movement towards sustainability in India, implemented sustainable initiatives that were seamlessly integrated into their operations.<\/p>\n\n\n\n

    Deloitte research shows that organizations are slower to implement the \u201cneedle-moving\u201d actions that embed sustainability into the core of their strategies, operations, and cultures. For example, only 33% of C-level executives indicate their organizations are tying senior leader compensation to environmental sustainability performance. <\/strong>
    <\/strong><\/p>\n\n\n\n

    Integrating sustainability in business<\/strong><\/p>\n\n\n\n

    Sustainable StartUp Contribute to Environmental Protection<\/strong><\/p>\n\n\n\n

    Sustainability has emerged as a critical value driver as per experts and it is fact that existing efforts may not be sufficient to capture profitability.<\/p>\n\n\n\n

    As global temperature increases, businesses began to recognize the opportunity of addressing the challenge and climatic changes is not easy.<\/p>\n\n\n\n

    Organizations began adopting and promoting environmental, social, and governance (ESG) measures, and from 2020 to 2021 alone, the number of companies committing to science-based sustainability targets tripled.<\/p>\n\n\n\n

    Startup Businesses that don\u2019t put sustainability at the center of everything they do and work upon will simply be left behind.<\/p>\n\n\n\n

    Data Collection for Sustainability<\/strong><\/p>\n\n\n\n

    StartUps that work toward sustainability in a way help in protection of environment, and this is no longer an option, but sustainable business model is a prerequisite.<\/p>\n\n\n\n

    Building direct relationships with customers will become critical as well as important for startup organizations.<\/p>\n\n\n\n

    Collecting direct data from your customers enables business to understand how they use your products \u2014 including what they like, dislike and prefernece chart s are calculated.<\/p>\n\n\n\n

    This enables proper production without wastage helping climate sustainability in terms of energy usage.<\/p>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

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