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By: Sol Salinas, Executive Vice President, Sustainability Lead for the Americas, Capgemini With the increase in extreme weather events all over the world, paired with rigorous regulations coming into effect, organizations are under constant pressure to respond and explore how they can transform their business to become truly sustainable.
However, companies are often lost in a series of topical buzzwords such as ‘Sustainability’ and ‘Corporate Social Responsibility’. We need to take ESG one step further and build Environmental sustainability, Socialsustainability and Governance sustainability. We call out greenwash.
Events in Ukraine gave sustainability-minded investors pause for thought. Further, it can be seen as stemming from a series of governance failures, and as having huge and unpredictable environmental and social implications. It also feels like an echo from history, both in its justification and its execution.
But global events were also front of mind, not just the outcome of the climate-focused negotiations which concluded last weekend in Egypt, but also the COP15 summit, convened in Montreal next month to finalise the Global Biodiversity Framework. Curbing greenwashing. Anti-ESG backlash.
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