Discover CleanTech, Issue 5, November 2022

Page 74

Photo: Dreamstime.com

Future-proofing organisations – sustainability and ESG through pragmatic, business-led solutions Sustainability is now a business imperative. From record heatwaves to devastating floods, and from water shortages to post-pandemic changes in how people are working, the evidence is growing that environmental, social and governance (ESG) factors are not just material to business, they’re essential. BY MIKE SCOTT, MADE IN PARTNERSHIP WITH GREEN ARCH CONSULTING

As a result, companies are facing growing pressure to react, from all sides. Regulations and policies are becoming stricter while consumers and clients, investors and bankers want to know how businesses are react74 |

Issue 05 |

November 2022

ing to these factors – both to minimise the risks they present and to find opportunities in the changes that are coming. If businesses don’t act now, they will lose out to their peers that have done so; perhaps fatally.

And it is no longer possible to just pay lip service to the idea of sustainability – the demands of regulators are not negotiable, while investors and large customers are becoming increasingly detailed in their re-


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Discover CleanTech, Issue 5, November 2022 by Scan Client Publishing - Issuu