Balancing profits with sustainability

As ESG becomes increasingly important for every business a Lancaster based company is working with organisations across the globe to help them balance profits with environmental and social responsibility.

TBL Services, which has been a client of WNJ since 2019, exists to make sustainability work for businesses.

The company’s mantra is that it is no longer enough for businesses just to be profitable – they also need to contribute to society and help to protect the planet.

To that end its expert team helps organisations work more sustainably using the United Nations’ ‘global goals’ as a guide and framework.

Managing director Colin Curtis says: “Those goals help keep things simple and focused. The company’s name TBL means the ‘Triple Bottom Line’: people, planet profit.

“We are passionate about creating a better world and those UN goals, there are 17 of them all interlinked, particularly when it comes to reducing inequalities, achieving net-zero and creating sustainable economic growth.

“We really believe in the goals and their capacity to create a better world. But we also know that you have to bring the real world into the equation, and we try and make it as simple as we can in words that people can understand.

“Basically, we help businesses of all sizes develop their strategy. We measure an organisation’s carbon footprint and look at how it can work to get to net zero.

“We help them with their ESG compliance, which it has to be said also brings with it commercial advantages. It’s not just the legal requirements, there is increasing customer and investor pressure.

“And we also help businesses work with their suppliers on this. It is important to get the whole supply chain involved, that’s what creates real sustainability. And we do all this in an affordable and low-cost way for the business.”

Colin adds: “Most companies are doing good things but they don’t know how to bring it all together. That’s where the strategy comes in. We’ll help build a strategy that people can be accountable for and that can be measured.”

TBL has a 17-strong team and a client base that stretches from Lancashire to Silicon Valley in North America. They have experience across the globe in industries from food and drink to finance, technology to energy

Colin says: “If you get ESG right it will improve your business performance. If we can make things simpler and more straightforward, more people will get involved and will succeed.”

And he adds: “It really is ok to mention profit and sustainability in the same sentence.”

• To find out more about TBL and its services visit www.tbl-services.com or call 01524 593741