Informa Markets and Sustainability: Leading the Charge for Ethical Business Practices
Sustainability has become one of the most important topics in the business world. As companies are starting to understand the importance of long-term goals, more of them are turning to sustainable practices as a way to ensure that their business practices have a positive impact on the environment and society. Informa Markets is a leading organization that understands the need for sustainable business practices and has taken significant steps towards promoting them.
Introduction
Informa Markets is a global company that operates in 30 countries and is responsible for organizing and managing over 550 events annually. The organization specializes in providing market-leading events and information platforms that bring together buyers and sellers from different industries. As a leader in its field, Informa Markets has recognized the importance of incorporating sustainable practices into its operations. This article will explore how Informa Markets is leading the charge for ethical business practices.
Sustainability Efforts at Informa Markets
Informa Markets understands that the events industry can have a significant impact on the environment. As a result, the organization has taken several steps towards implementing sustainable practices. The company’s efforts are focused on three key areas: reducing emissions, promoting sustainable sourcing, and reducing waste.
Reducing Emissions
Informa Markets has committed to reducing its carbon footprint by 50% by 2030. To achieve this, the organization has implemented several initiatives, such as using renewable energy sources and promoting energy-efficient practices. In addition, Informa Markets has launched an internal campaign for employees to reduce their carbon footprint, including encouraging the use of public transportation and implementing remote working policies.
Promoting Sustainable Sourcing
The organization has also made significant efforts towards promoting sustainable sourcing. This includes working with suppliers that adhere to sustainable practices, such as sourcing products with minimal environmental impact and promoting ethical labor practices. Informa Markets has implemented a Sustainable Procurement Policy that outlines the criteria for selecting suppliers based on their sustainability efforts.
Reducing Waste
To reduce waste, Informa Markets has implemented several initiatives. This includes using digital solutions to reduce the use of paper and plastics and implementing a zero-waste policy at events. The organization has also partnered with local charities to donate leftover food and materials from events.
Case Studies
Several case studies demonstrate the impact of Informa Markets’ sustainability efforts.
Cityscape Global
Cityscape Global is the largest real estate event in the Middle East and is held annually in Dubai. In 2019, the event was held over three days and had more than 16,000 attendees. To reduce waste, Informa Markets implemented a zero-waste policy and provided attendees with reusable water bottles and bags. In addition, the organization donated leftover food and materials to a local charity.
China Beauty Expo
China Beauty Expo is the largest trade fair for the beauty industry in Asia and is held annually in Shanghai. In 2018, the event had more than 500,000 visitors and over 3,000 exhibitors. To reduce emissions, Informa Markets implemented a transport management system to reduce vehicle usage and promote public transportation. In addition, the event had several sustainability initiatives, such as using biodegradable materials and promoting ethical sourcing.
Conclusion
Informa Markets is a leading organization that understands the importance of sustainability and the impact it can have on business practices. The organization has made significant efforts towards reducing emissions, promoting sustainable sourcing, and reducing waste. These efforts have not only had a positive impact on the environment but have also served as an inspiration for other companies to follow suit. As the world continues to focus on sustainable practices, Informa Markets remains at the forefront of promoting ethical business practices and leading the charge towards a more sustainable future.
