We do like cold hard facts right in the business world, right? More than branding. More than purpose. It’s so interesting that we have this urge to collect a lot of data to validate our actions. And just when the data is collected, we forget about it. We write a strategy about it and then put that strategy in a drawer.
I am very passionate about the environment, sustainability, and gender equality. Mostly, I’ve previously expressed this passion by giving a lot of my time to be one of the editors of the amazing-now-no-longer-live “Green Girls Global” blog. In my writing and speaking gigs, this passion came as an outcry for people to try and put purpose before profit. And if that was completely not doable, they should at least level purpose and profit.
Back in November, a report came out from CDP where they tracked 500 companies for 3 years, and the results were remarkable: Companies planning for climate change are more profitable, have higher returns, and are more stable.
From a branding perspective, a report like this can move mountains for an individual company. Putting purpose before profit is a real action defining who you are as a brand. Even though it hasn’t been updated for a couple of years, I was a huge fan of Greenpeace’s guide to greener electronics. I thought it was an important initiative, especially mapping out what action electronics companies were doing to become greener and giving consumers a clearer view of how green their electronics are.
Purpose before profit works, my awesome business rockers! So get those awesome world-changing projects going, no matter what field or company you’re working for. The universe will be all woo-woo like and shall reward you for your efforts!