“Over 90 percent of business leaders state that sustainability is critical for the future success of their business”
Sustainability will define growth and innovation in the next decades. In 2015, world leaders settled on a new set of global Sustainable Development Goals. The challenges are immense. Creating jobs, sustaining growth and eradicating poverty in a carbon-constrained world demands a restructuring of economic systems and a deeper appreciation of the boundaries of our ecological systems.
Participation of all stakeholders in society, from the government to the private sector and civil society, is required if we are to achieve these common goals. We can therefore not continue to operate business-as-usual.
The incorporation of social and environmental stewardship and ethics into organizational practices will now be the key determinant of long-term growth and competitive advantage. Organizations that understand this new trajectory are the ones that will dominate their sectors in the near future.
To operate in this significant paradigm shift requires new leadership thinking. It requires leaders who understand and seize the challenges and opportunities for sustainable development and what this means for their business’ success if they are to thrive for the long term.
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