The Sustainable Boardroom |
For a large and growing number of customers, suppliers, employees, investors, and others, sustainability has become a key criterion when determining whether or not they wish to be associated with an organization.
Few other issues are expected to have as significant an effect on organizations, the way they operate, and the products and services they provide as sustainability. Sustainability has been called the next megatrend, which will transform organizations, their markets, and the economy in a way comparable to past megatrends, such as the advent of mass production, the IT revolution, and globalization.
Issues associated with sustainability include corporate reporting, climate change, resource usage, b usiness sustainability matters, labor and community relations, and more. For business, sustainability involves ensuring that the negative social environmental impacts of business activities are reduced so as to be consistent with development in a finite planet. The concept of sustainable business seeks to combine environmental and social improvements with financial success.
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