Business

Eddie Listorti Shares How Businesses Can Create Value Through Carbon Neutrality

Companies worldwide are focusing heavily on reducing carbon emissions and, eventually, reaching a point where their production is carbon neutral. Founding Partner and CEO of Viridios Group Eddie Listorti says that the shift toward being eco-friendlier can help businesses create significant value in the long term.

Sustainability is a central tenet of many new businesses today, just as long-standing companies are doing all they can to shift operations to achieve carbon neutrality.

While creating and scaling a green business can be challenging — whether you run a long-standing business or are a newcomer — there are principles you can follow to create value through carbon neutrality.

Be Ambitious

The sky is the limit with green business, so don’t sell yourself short. While simply becoming eco-friendly is a good start, think much bigger if you want to create significant value.

If you’re starting a new business, create an ambitious goal from the beginning. That could be ensuring that your business produces net-zero carbon emissions from the start or that your product or service will help others do the same.

Set a firm goal for what you want to achieve and when you want to achieve it, and integrate that carbon goal into your entire business model.

Partner with Like-Minded Businesses

Achieving net-zero emissions is going to take a lot of teamwork. Sometimes, that teamwork will need to come from within an industry, not just outside it.

Savvy business owners will realize this from the onset and establish strategic partnerships with like-minded business owners. Together, these two companies — or a group of companies — can play a part in reducing their carbon emissions and that of an entire industry.

By supporting each other, the partnership members can close any gaps in the carbon reduction cycle, become more efficient in the process, save money, and boost each other’s bottom lines.

What’s more, customers love harmony and setting aside competition for the greater good. Partnering with other businesses in this way can create value for you in the long run.

Recruit Talented Individuals

Recruiting talented individuals is always advisable, no matter your endeavour. When you want to take on a major project such as achieving net neutrality, it becomes even more critical to have the right people on your team, as Eddie Listorti says.

From the get-go, you should incorporate green practices into your recruiting efforts. You should market and search for individuals who have stated environmental goals and ambitions and have experience in the arena.

Further, you should recruit individuals who display the ability to be nimble, to adjust on the fly, and to think outside the box — as these are all skills that will be necessary to achieve something groundbreaking.

Carbon neutrality can’t just be an idea; it has to be a set plan you put into action and see through to completion. Having the right people in place to help lead you through this change is essential.

About Eddie Listorti

Eddie Listorti is the Founding Partner and CEO of Viridios Group. He has a proven track record with 30 years in business and banking. His experience includes managing teams of over 2,000 people and annual revenues exceeding AUD 2 billion. Mr Listorti has held board positions in industry bodies and joint venture partnerships.

Amelie Hall

Amelie Hall is a reporter covering business and entrepreneurial topics. Originally from the US, Alelie is a local journalist based in Melbourne. She has a master’s degree from the University of California at Berkeley Graduate School of Journalism, and she studied French and Latin American literature at the University of California at Santa Cruz.

Recent Posts

  • Life & Health

How people use Google Home to make their life easier

Google Home is a range of smart speaker products created by Google that allow users…

12 hours ago
  • Business

How Commonwealth Bank became one of the ‘big four’ in Australia

Commonwealth Bank (also known as CBA or Commbank) is a multinational Australian bank that has…

16 hours ago
  • Technology & Innovations

Realme C11 India Launch Teased; Expected to Arrive in July Itself

Realme’s entry-level C-series has achieved an amazing milestone in its two years of existence. The…

20 hours ago
  • Business

How to Plan a Smooth and Efficient Office Move

Has your company been talking about moving office for years, but so far, it’s been…

1 day ago
  • National

How Cathy Freeman became a national sports legend

Born in 1973, Cathy Freeman became an Australian sports legend and most famously represented the…

1 day ago
  • Worklife

A look at the University of Melbourne findings on Aussie work/life balance

A study from the University of Melbourne said that Australians have struggled to find a…

1 day ago