Jennifer Grimaudo
Head of Global Sustainability for Iron Mountain
For Business-to-Business (B2B) service providers, sustainability is no longer a nice-to-have add-on; it’s a competitive advantage. Companies that can transform operational data into actionable insights, while simultaneously minimizing environmental impact, maximizing cost savings, mitigating climate-related risks, and enhancing customer relationships, will reap the rewards.
From Consumption Metrics to Insights
The first step to progress is gathering and analyzing data, which can create opportunities to deliver valuable insights to customers.
- Environmental impact: The B2B customer is more focused than ever on understanding the impacts of their supply chain due to a combination of stakeholder pressure and (in some countries) legislative requirements. This means that customers are moving beyond simply wanting to know if their supplier is “green” or “doing the right thing.” Instead, they want to understand how their service providers' actions can be quantified in Scope 3 greenhouse gas emissions savings for their own reporting, supporting their journey to net zero emissions or a responsible supply chain.
- Cost savings: Operational efficiency, when implemented correctly, results in lower operating costs. By analyzing data such as energy consumption, material utilization, and fleet fuel usage, companies can identify opportunities for innovation and cost savings. For example, they may discover opportunities to utilize a waste product as a revenue stream or partner with customers to create closed-loop solutions. Companies that demonstrate skill in this area will find themselves well-positioned to transition from service providers to partners.
From Insights to Resilience and Trust
Extreme weather events, such as heatwaves, floods, and severe storms, pose increasing operational risks. Demonstrating resilience through climate-related disruptions is crucial to securing long-term service contracts.
- Mitigating physical risks: Building a resilient business begins with a thorough climate risk analysis. Sharing the process and outcomes of climate-scenario planning, as well as the actions taken in response to those findings, demonstrates a commitment to ensuring business continuity. For customers, that translates to guaranteed uptime, service reliability, and more.
- Building trust: The future of B2B relationships will be built on transparency and shared goals. Service providers must use their operational data to move beyond being a supplier and become a strategic partner in their customers’ sustainability journey. By offering granular, verified emissions reductions data, engaging in open dialogue, and exploring risk mitigation strategies, B2B providers can help their customers meet their own regulatory requirements, investor demands, and corporate sustainability targets. When operational data is converted into quantifiable, mutually beneficial results, it creates the foundation for a sustainable partnership.
Intersection of Business, Policy, and Society
While individual businesses can create significant value for themselves and their customers through data-driven efficiency, a sustainable future will only be achieved through collaboration.
The last several years have seen rapidly evolving regulatory requirements at local and national levels in response to investor and consumer pressure. Businesses are being asked to be more transparent, conduct due diligence on their supply chains, and disclose their impacts, risks, and opportunities related to sustainability. In theory, these changes are positive, enabling better like-for-like comparisons and creating incentives for businesses focused on ensuring top-down engagement on material issues. However, the lack of alignment between frameworks, continued delays in implementation, and lack of clarity in implementation guidance pose significant challenges for businesses.
The path to a resilient economy lies not just in corporate commitment, but in systemic alignment. When companies, policymakers, and society move beyond individual mandates to actively collaborate—harmonizing standards, simplifying reporting, and integrating sustainability into cultural norms—they not only overcome the challenges of disjointed efforts but also unlock a multiplier effect that makes sustainable behavior both achievable and inevitable for everyone. This is the path to lasting, large-scale impact.