Sustainability Critical to Future Business Growth: IEMA Report

Leading companies increasingly recognize the importance of embedding sustainability into their business models. However, professionals seeking sustainability outcomes face certain barriers. Return-on-investment rules are a long-standing challenge, and overcoming them requires positive engagement with finance teams. Presenting a strong business case is another key challenge, requiring creative work across the organization and often with external stakeholders.

The Institute of Environmental Management & Assessment (IEMA) has launched a new report that highlights these challenges and states that businesses need to do more to address the collective force of global megatrends. The report, “Beyond the Perfect Storm: The Corporate Sustainability Challenge,” cautions against the “business as usual” approach and recommends moving toward a new age of innovation and resolution of sustainability challenges.

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Source: IEMA 

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management