As we draw closer to the United Nations Climate change Summit (COP27), which will be held in Egypt in a few months’ time, the message from COP26 is still loud and clear to the private sector. There is need to consider business unusual scenario through the linkage of business strategies and sustainability ambitions of a firm.
The movement towards sustainability should not be seen as a feel-good agenda but that of doing good as a business. The key is to maximise the stakeholders’ value and at the same time ensure that the company remains a going concern.
For all businesses irrespective of the sector it is important to consider and pay attention to environmental, social, and governance (ESG) challenges and opportunities that may be present. This, for instance, will include keeping a watch on the business carbon footprint, resource consumption, social issues within the firms among other sustainability elements. Read more…
