It’s interesting to realize just how much the environmental culture of a business can be a way to accelerate its development, even by allowing it to access finance that’s vital for its growth and innovation: this is where the concept of sustainable finance comes in.
No self-respecting company report is complete without covering sustainability, the circular economy, wellbeing and the environment, which have different connotations for different businesses and are promoted to varying extents over the course of their lives.
The fact that this has become a “mature” issue can be seen in the need and, indeed, the will of companies to meet the requirements of ESG “certification” (Environmental, Social and Governance), since those companies who are attuned to these worlds are destined to have a more productive future and be more attractive to financial backers.
So, by sustainable finance we mean finance that supports the capital and investments of businesses with future-proof projects, especially from an environmental point of view. This is a practice aimed at investing to develop production processes, in addition to funding research into raw materials and end-of-life disposal of products, with the upstream decision process generally focusing on protecting the planet.
The cornerstones of sustainable finance
There are three factors taken into consideration, into which the tangible application of sustainable development can be narrowed down.
- Environmental factors: these include issues like the need to promote greener, more energy-efficient production processes. They very much hinge on the themes of circular economy and zero-emission activities, as well as on preventing pollution and protecting biodiversity.
- Social factors: these focus more on reducing inequality and on developing an inclusive system, one that is pro-human rights, in addition to investing in training and in the wellbeing of communities.
- Governance factors: these ensure that both environmental and social factors are included in the company‘s decision-making processes.
TeMa and sustainability
TeMa Technologies and Materials has long been a believer in using sustainable materials and creating sustainable solutions, even in the building and geotechnical fields.
Reinforced soil projects, on both a small and large scale, are a case in point: the technique of using soil as a retaining material, instead of concrete, certainly makes the structure more environmentally friendly, providing benefits in terms of both the landscape and liveability (they often double as noise barriers, click here for more information).
We provide 30-plus years of experience in the development of geogrids and geomembranes supplied in rolls, which are easy to carry to even the most inaccessible sites, and are ideally suited to the construction of landfills, tunnels, roads, reinforced soil projects and drainage ditches.
In addition to the many advantages in terms of construction, they come with the no small benefit of energy savings and the reduction in air pollution achieved when using geomembranes instead of traditional gravel: in terms of transport alone, the number of trips (trucks) drops from 100 to 1.
Out of our many past projects, one standout would have to be the track of a race course in Johannesburg, in South Africa.
In addition, TeMa supplies sustainable products like natural fibre matting — made from materials such as jute, straw, coconut and cellulose — that are particularly well suited to surface erosion control on grass slopes.