STRATEGIES
As sustainability becomes increasingly integrated into long-term planning for many businesses , leaders are now asking slightly different questions when building strategy . As well as what can be done for each other and the planet , the question is – what can sustainability do for us , and how can we ensure that developments put in place today stand the test of time ?
In other words – how can Chief Sustainability Officers build resiliency into their sustainability strategy ?
Sorouch Kheradmand is Global Head of Sustainability , Vice President at Schneider Electric , celebrated by Sustainability Magazine as the world ’ s most sustainable company . He believes that businesses are at a crucial point with strategy and should take advantage of using sustainability to build long term value .
“ We ’ ve reached a point where all the stars are starting to align . Green policy is ramping up , digital energy solutions are becoming more widely available and there is increasing evidence that sustainability isn ’ t just an environmental concern , but also an economic and business opportunity – for those who will be part of the transformation and for future resilience ,” he says .
“ A recent report found that economies across the world are due to have an average income loss of 19 % by 2049 due to past emissions , which equates to a 17 % reduction in global GDP . In a strained global economy , businesses need to harness the competitive benefits of sustainability to future-proof their operations .”
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