The sustainable living call is to all humanity, with business being an instrumental leaver to launch this worthy cause. Can we reassess our daily choices, for the greater good?
Bongiwe Mbunge Partner - Business Sustainability
Integrating sustainability: overcoming a lack of capacity and resources
Gaining competitive advantage through a more sustainable business proposition can be achieved by all companies, irrespective of size. Some, however, are still daunted by the challenges, known and unknown, of building a sustainable business. And the perceived burdens on resource of new commitments such as measuring and managing impact of ESG over time.
Below, you’ll find examples of how capacity concerns in relation to sustainability can be readily overcome. You can take advantage of a more comprehensive set of solutions in our joint publication with ecoDa “A practical guide for boards and leadership teams on sustainability”.
1. Taking your people with you. Critical to embedding sustainability into your business will be the engagement of employees and wider stakeholders with your vision, strategy and how it will benefit them over time.
Key also will be the involvement of employees (of all levels) in working parties that contribute meaningfully to your sustainable goals. These groups can, in turn, own responsibilities ranging from the measurement of tasks (such as employee CO2 reductions) to creating new parameters for the recruitment of a more diverse workforce.
2. Embedding sustainability into everyone’s role. Sustainability-related tasks can also be added (within reason) to employees’ existing functions, job descriptions and personal development objectives. This will often be an extension of their existing responsibilities, rather than increasing workload. Yet, by definition, this will often increase the purpose and value of individuals’ roles. According to a recent global survey1, published by Hewlett Packard, employees are more productive, motivated, and engaged when working for an employer who is a leader on social responsibility.
3. Using your business size to evolve faster. With traditionally fewer rigid hierarchies and processes, medium-sized enterprises have the proven ability to adapt faster to a more sustainable business model. Change can be implemented more quickly, with medium-sized enterprises needing less resource and capital as larger ones.
1HP Workforce Sustainability Survey
If you want to find out more about how we can help your business, please get in touch with us below to learn more.
Embracing a sustainable mindset
Some companies still see sustainability policies as a threat to their business. Far from it. In the new economy businesses will soon realise that integrating sustainability into their business strategy will help them take advantage of opportunities, better manage risk, and increase their appeal for inward investment. At the same time, they’ll be helping improve the environment and create a fairer...
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如何招聘並留住Z世代的員工
Y世代乃至千禧世代已經慢慢進入職場，有的甚至已經成爲了創始人、董事或經理等級，可見現在業務的發展已經轉向了新生代，越趨年輕化。所謂的Z世代，泛指在1995年到2000年代早期出生的年輕人，他們正是職場新鮮人，也有的正在為自己的職業生涯有所謀算。由是觀之，這群年少氣盛的青年正是成長型企業的未來領導者，爲此，企業需要留住與吸引這群未來的棟梁。
Our expert
陳 曉奮 合夥人, 審計和財務諮詢服務部主管 - 香港
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