The sustainability revolution, like the digital revolution is transforming everything.
The word “sustainability” is being used to identify a wider spectrum of environmental challenges, as well as social, economic, and policy concerns.
Sustainability has opened the door for new ways to help minimizing waste, lowering carbon emissions, and improving health, just as digital transformed the economy landscape.
No organization will be excluded by the sustainability movement, and those who act first will be the ones to lead.
Businesses that disregard their stakeholders’ and customers’ environmental interests will be abandoned.
In some sectors, innovative sustainable business practices are assisting businesses in surpassing competitors.
The sustainability movement will continue unabated.
While the majority of corporations now support sustainability goals and have made significant progress, many leaders recognize that they will need to do much more.
The sustainability revolution, as it evolves, intensifies, and disrupts, allows businesses to address both fundamental challenges and new opportunities at the same time.
And in the midst of a global pandemic, the sustainability revolution has progressed quicker than anticipated, encompassing a broader spectrum of social and environmental issues.
A global economy that recognizes the limits and effects of all we extract, produce, utilize, and waste, as well as the impacts on the people involved, is needed.
Organizations that wish to lead the sustainability transformation, on the other hand, must consider not just the immediate costs of sustainability, but also the long-term benefits.
Sustainability, like digital, is changing revenue streams.
Consumer goods linked to sustainability are now rising nearly six times faster than other brands, and 73 percent of global customers claim they will certainly or potentially change their consumption patterns to reduce their environmental effects.
As businesses plan for the future, they will realize that the only way to become sustainable is to make a significant change of approach, or to embrace the “disrupt or be disrupted” mentality that has prompted so many businesses to embark on digital transformations.
Source: Crenov8
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