Across the world, governments, investors, companies, and other institutions have begun to understand that transitioning to an environmentally and sustainable society and economy is urgent. In the Caribbean, we believe we have more urgent needs – food and shelter for instance, in the face of failing economies or rising storm seasons – and do not
All businesses, whether or not they are conscious of it, have, for better or worse, an impact on the wellbeing of people and the planet. Today, the move towards deliberately having positive impacts on people and planet is gaining ground, with some important Caribbean examples. To realise what your firm’s impact is, your organization needs to
Many of the challenges we face today overlap. As global temperatures increase even by fractions of a degree – say, from today 1.1°C to 1.5°C by 2030, risks will increase, and important species and ecosystems are very likely to disappear. If, we do not succeed in accelerating mitigation and adaption, our current path will lead
As an increasing number of firms in the Caribbean are starting their journeys to profit with purpose, what can they do to enter the fast lane, build on the experience of others, and maximize success and contribution to a sustainable future? How to ensure that Environmental, Social and Governance (ESG) bases are covered and integrated?
Studies have shown that organizations can derive sustained competitive benefits from ESG (Environmental Social Governance) practices that are strategically derived as opposed to generic ESG requirements developed for industries since it can be assumed that industry norms will be adopted by the majority. In previous columns we addressed the current trends within the Caribbean where green