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Sustainability Strategy

Sustainability Strategy                                                                       

Since the last decade, particularly after the great recession of 2008, the focus of strategic management has largely shifted from maximization of shareholder value to following the interests of stakeholders (including social and environmental responsibilities), which implies maximizing the total value creation (or enterprise value) and its fair distribution to stakeholders. The practical experience of firms shows that when firms act in favor of stakeholders and consider wider sets of interests, including those of society and the environment, in creating value, they achieve superior financial performance. Today, companies are using a much wider scope of value creation and competitive advantage that includes different domains of value and sources of value in creating stakeholder value and achieving sustainability. The goal of a sustainable strategy is to maximize performance in all three dimensions of sustainability: financial, social, and environmental.

Currently, firms across all industries are struggling to identify the relevant areas of sustainability for their businesses and on which areas or issues they should focus their sustainability efforts. We can assist you in identifying your sustainability issues and developing your sustainability strategy to enhance your long-term profitability performance and help you create strategic value in the social and environmental dimensions of sustainability.

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