The increasing number of Natural disasters are actually not at all “Natural.” They are costing the global economy more than $390 billion each year. As a response, consumers and corporations are working on ways to lower their carbon footprint. Simultaneously, the government is putting into place, aggressive timelines to curb emissions. The Biden administration announced a 2030 target, to reduce greenhouse gas emissions by 52 percent. (Washington Technology September 13, 2021)
Because the federal government has such extensive purchasing power, they have the ability to drive holistic sustainable innovations in the private sector. The government can create sustainability standards and include those standards in requests for proposals, thus driving the private sector into more sustainable practices. (ibid)
According to Bloomberg Government, “$682 billion was spent on contracts in fiscal 2020 a record expenditure for the government.” This gives the federal government the ability to incentivize contractors, who want to work with the government. (ibid)
Will sustainability standards become the norm for requests for proposals? It is already in cybersecurity, the NIST 800 standards have set the bar high for device manufacturers. (ibid)
A recent executive order to speed up cybersecurity advancements pushes industry to progress and innovate even faster. The Environmental Protection Agency (EPA) could use this same type of model to impel sustainability. (ibid)
Once the government makes sustainability a priority, the private world will follow suit. We are already seeing a new mentality and with that, progress.
Questions concerning environmental standards and how to exceed them in your next response to an RFP? Give us a call.