Since the establishment of the World Commission on Environment and Development by the United Nations, sustainable development has become more and more interpreted and accepted as an overarching concept to ensure the continuity of our planet. Sustainable development is defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Businesses all over the world are adapting, moving environmental, social and governance (ESG) issues from the periphery of strategic concern to the centre. They’re acknowledging ESG as a driver of value creation and urgently developing a proactive ESG mindset.