Over the years, ESG – the environmental, social and governance framework used to evaluate a company’s performance and sustainability – has evolved from a niche concept to a mainstream consideration for businesses. Now, this vital strategic imperative, if acted upon without delay, heralds stronger stakeholder engagement, greater resilience, and a longer, healthier life for the company.
Amid increased global competition and continued market turbulence, acting now when it comes to innovation, investment and sustainability will not only be crucial to meeting the future needs of customers and stakeholders, but could mean the difference between market dominance and imminent irrelevance.
The post-pandemic workforce needs leaders who are adaptable, empathetic, digitally savvy, resilient and innovative. By developing these skills, leaders can help their organizations thrive in the face of uncertainty and change.
Businesses that have rethought their strategies with their purpose and values at the core are enjoying important payoffs. Growth plans built around purpose and values result in more motivated employees, better company performance and more loyal customers.