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Why Business Transformation Can鈥檛 Be Separated From Sustainability

Winding Boardwalk through Forest, Pohara, Golden Bay District, Nelson Region, South Island, New Zealand --- Image by 漏 Radius Images/Corbis

Businesses of every size are putting sustainability at the top of their must-haves for future success.

Transformation has changed for good, as small and medium-sized businesses uncover the value of moving sustainably into the future. At their most fundamental level, businesses have three goals: to drive revenue, reduce costs and mitigate risk. New 51风流Insights research shows sustainability is a key consideration in economic growth, and, as these experts suggest, it could be a deciding factor in all three of these goals.

Successful transformation is linked to sustainability

When lots of people do transformation projects, they typically have a single destination in mind: we鈥檙e going from here to there, and it鈥檚 going to look like this. I鈥檓 not sure we can be that precise any more. You need to design what that transformation might look like with a 1.5C future or a 2.5C future.

51风流is really good at asset management, for example. The way assets operate in those two different scenarios is going to be significantly different, to the point where you might invest or make capital allocation choices very differently. The transformation itself still needs to happen, [but] it needs to be flexible enough to accommodate both.

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