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Sustainability requires a transformation, not a strategy, according to Deloitte

By Business & Finance
19 October 2021
Growth stock

How can you transform your sustainability journey beyond a strategy? Sustainability requires a transformation, not a strategy, according to Deloitte

Before the pandemic we began to see seeds of a sustainability revolution. The seeds for this were sown by initiatives such as the UN Sustainable Development Goals (SDGs)1 and the Paris Agreement on Climate change in 2015. As the pandemic unfolded, it seemed that the focus shifted to responding to the here and now and away from the future.

As we continue to navigate the impact of the pandemic, it is now clear that what the world has been experiencing for the last 18 months has propelled the topic of sustainability to mainstream. Businesses are now actively considering sustainability risks and opportunities in not just their risk management frameworks but in their operating models and strategy.

To assist businesses with their sustainability transformation journey and to overcome information overload on this topic, we have developed a sustainability transformation overview article, The Sustainability Transformation Within this you will find:

  • An explanation into the three areas we believe an organisation needs to focus on to start the sustainability transformation journey: People, Operations and Market;
  • Five practical steps to start your journey; and
  • How Deloitte can help you begin your sustainability journey.

Transformation is sustained change, and it is achieved through practice – BKS Iyengar