Published: 21 August 2023
Day-to-day business decisions deliver limited, incremental progress against sustainability goals. Executive leaders must focus their efforts by integrating sustainability principles into three long-term business processes to have an outsized impact.
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Sustainability principles must be integrated into long-term organizational decisions to avoid locking the enterprise into pathways that are misaligned to sustainability goals.
Business processes that deliver an outsized impact on sustainability performance are mergers, acquisitions and divestitures; capital and operational investment; and research and development (R&D).
Build sustainability principles into mergers, acquisitions and divestitures by including environmental, social and governance (ESG) assessment criteria in the discovery phase while also analyzing how enterprise footprint changes will impact on the ability to deliver against existing sustainability goals.
Establish standardized processes to review sustainability credentials of the product portfolio and baseline performance, and
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