Ethical Corporation (March Issue)
“For decades, many companies have typically responded to sustainability challenges by pursuing incremental operational improvements. But we are beginning to see an interesting new trend—businesses using sustainability as a tactic for long-term offense, rather than just short-term defence.” Who are these companies? Bosch, BMW Group, Daimler, DuPont, Ecolab, GE, Ikea, Kimberly Clark, Kingfisher, Marks & Spencer, Nike, Philips, Procter & Gamble, Siemens, Toyota and Volvo were among the cited companies. What’s driving the trend? “Leading companies are demonstrating a growing belief that their future profit and growth will be tied to how effectively they respond to looming global challenges including resource scarcity, population growth, and climate change.”
“For decades, many companies have typically responded to sustainability challenges by pursuing incremental operational improvements. But we are beginning to see an interesting new trend—businesses using sustainability as a tactic for long-term offense, rather than just short-term defence.” Who are these companies? Bosch, BMW Group, Daimler, DuPont, Ecolab, GE, Ikea, Kimberly Clark, Kingfisher, Marks & Spencer, Nike, Philips, Procter & Gamble, Siemens, Toyota and Volvo were among the cited companies. What’s driving the trend? “Leading companies are demonstrating a growing belief that their future profit and growth will be tied to how effectively they respond to looming global challenges including resource scarcity, population growth, and climate change.”
Tags: Climate change, Future profits, Leading companies, Population growth, Resource scarcity, Sustainability
