The Sustainability Race: Is It Time to Shift Gears?
What will it take to drive business transformation in an economy that’s up against a barrage of complexities and uncertainties? As leaders, we’re facing cost constraints, geopolitical headwinds, regulatory and policy changes, and shifting market dynamics. But through it all, there’s one constant that remains: sustainability pays—it unlocks economic value and is a catalyst for business vitality.
Safety and quality were once thought of as extra costs; that is, until businesses understood the long-term value and essential benefits these measures provide. Investing in safety and quality is critical for maintaining compliance and credibility—and for driving profitability. Similarly, sustainability is our next critical lever for transformative change.
True transformation that embraces new sustainability business models drives 30%+ revenue within a 10-year period, according to Gartner®. Infrastructure and equipment become more energy efficient and resilient across the enterprise and value chain. Sustainability practices shield companies from financial risks and enhance investment appeal, serving as an economic tool to maximize and protect investments.
Climate Impact Partners reports nearly 70% of Fortune Global 500 companies have set sustainability goals, but there remains a gap between set targets and the accelerated action required to achieve them. So, what’s preventing their ambition to impact? Our guide explores common sustainability roadblocks and how leaders like you can move beyond ambition to improve operational resilience and efficiencies, driving measurable impact.
While evolving sustainability standards and regulations are causing some companies to pause on their target-setting efforts, now is not the time to stand still. It’s time for businesses to demonstrate innovation and market leadership to drive sustainable growth.
Regardless of where your company is in its sustainability journey, it’s time to take the next step—and this begins with you. Connect with our advisory experts to explore how your organization can advance next-level actions to make a sustainable impact.
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Steve Wilhite
