Sustainability; the future of every society, economy and business.
The world today has evidently accepted that the prosperity of people
and society is possible only with the help of sustained and inclusive
economic growth of all countries and regions. In the Year 2015
Nations across the globe came together to set an alternate
framework for addressing the future development of mankind and
replaced the then Millennium Development Goals (MDGs) with a
tangent set of 17 Sustainable Development Goals. For India to
achieve these Goals in a highly globalised world, it needs to assess
trade-offs between Economic Growth and Environmental
In its efforts to achieve Sustainable Development the world is
dependent on engaging the Corporate Sector as it holds a major
share in terms of ownership, revenue generation and exploitation of
all natural resources. And the other reason for the need of the
engagement of the Corporate Sector is its reach which goes far
beyond the boundaries of any Government or any Nation. Thereby
a shift has heralded in the way that organisations scan the External
Environment to identify risks and opportunities.
In the coming future, alignment of Corporate Values will be pivotal
for organisations so as to transform the current Global Challenges
and Threats into business opportunities and also contribute to a
better world where all humans have access to healthcare, nutrition,
energy, shelter, mobility, education and economic opportunity.