This 2022 Trends Reports by The SustainAbility Institute by ERM, paints an insightful picture of key sustainability topics this year.
Here is the run down and our take on what it means for your business:
Integrate ESG into your strategy: ESG's growing integration in investor strategies supports ESG as a mainstream business concept.
Focus on human capital: The greater focus employee well-being and corporate purpose will continue beyond the COVID pandemic.
Take climate action, it's expected: Leaders, businesses included, can no longer stand on the side lines.
Safeguard natural systems and resources: how does your company help to preserve the world's biodiversity?
Build a sustainable supply chain: know and be transparent about who's part of your supply chain.
Make circularity part of your thinking and business model: Reuse, repurpose, resale is the new mantra instead of reduce, reuse, recycle.
Power your sustainability efforts with technology: having the data at your fingertips will increase efficiency and help you reach your goals faster.
Protect fundamental rights: develop an inclusive work place and vet your supply chain partners before you engage.
Get ready for regulation and help shape it: Don't wait for regulations to be put in place when you already know what sustainable business practices look like. Be a leader and (collaborate-) to help shape your industry.
Move toward a stakeholder view of business: It will increase the likelihood of delivering long-term value to all stakeholders, including shareholders.
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