KLM sustainability: How sustainable is our waste and recycle process?

L’Oréal has been awarded a Triple A rating for its corporate sustainability for the fifth consecutive year, making it the only company in CDP’s annual ranking to achieve such a record.  CDP, a global nonprofit organization that urges companies to share their environmental data and assesses their performance and efforts to be transparent, grades groups on how they undertake climate change, protect forests and safeguard water security. 

There’s no denying that today’s customer expects more sustainability from the firms and organisations with whom they do business.  According to KPMG research, larger companies devote greater resources to ESG (environmental, social, and governance) initiatives. However, according to a YouGov and World Kinect Energy Services study, 40% of SMEs (small and medium enterprises) have no plan in place to become more sustainable, with 30% having no intention of doing so at all. This is due in part to the pandemic’s costs and consequences.