Sustainability has become increasingly relevant for marketing strategies to meet changing consumer expectations, differentiate themselves from competitors, comply with regulations, achieve cost savings, attract investors, and manage reputation and risks.
About 50 years ago, the Club of Rome began its "The Limits to Growth" with the following prognosis:
Current data shows that the forecast was correct. The Paris Argeement to limit warming to 1.5° Celsius above pre-industrial levels was signed and enacted into law around the globe.
The time to act is now.
Organizations, no matter what size, feel the pressure to rethink the way they operate. Everything has to be put to the test.
"More than 90 leading companies – including IKEA, Unilever and SPAR – have called on the European Parliament to support the #NatureRestorationLaw, which will preserve our environment & food security."
Tweet, June 2023
"Discover fuel-saving routes on Google Maps now and reach your destination in a more climate-friendly way"
Google tweet, June 2023
When would Earth Overshoot Day land if the worlds population lived like…
Companies address environmental, social, and governmental topics (ESG) as a growth opportunity
Not just because it's hard, to make business on a dying planet. Today, ESG is a game changer. Means: It is good for business. More and more, ESG becomes ABC - absolutely business critical.
Organizations can benefit from ESG in several ways. Investors and customers are increasingly valuing sustainable and socially responsible businesses. By integrating ESG principles into their operations organizations can
In addition, organizations increase their resilience by addressing environmental or social risks. But risk avoidance is only one side. The other is: ESG is becoming the driver of creativity and innovation.
Framing the issue simply as "something for environmental activists and tree huggers" misses the opportunity.
The time to act is now.
"Integrating sustainability into the business model is now an imperative for every organization. ESG and sustainability priorities can deliver the transparency investors seek, the workplace cultures and practices that employees demand, and the focus on environmental issues that shape consumer behavior."
EY, C-suite insights, Sustainability and ESG Trends Index
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