In recent years, companies and executives are faced with ever-increasing demands, expectations and unprecedented pressure to operate more sustainably. Organisations must effectively address the social, environmental, governance (ESG), and economic impacts of their actions and operations.
In other words, the emerging sustainability challenge is about being able to balance out the often-conflicting demands and expectations of multiple, complex and diverse stakeholders while generating financial and social value.
That’s why Sustainability is becoming a major business disruption: because most companies are lacking the skills, knowledge, and expertise required to navigate this disruption successfully. As a result, the Sustainability challenge presents companies with a fundamental dilemma: to adapt or perish.
Professor Ioannou will present and discuss empirical evidence for the emergence of the “sustainable organization”; a new type of modern business organization that genuinely and effectively integrates environmental and social issues into its business model, strategy, organizational structure, and conduct.
Finally, Ioannou will tell us why sustainable organisations outperform traditional ones.