Foundation for Success: Crafting Sustainability Strategies

In recent years, the concept of sustainability has taken centre stage in the corporate world, transcending beyond a mere buzzword to become a cornerstone of modern business practices.

This shift is largely attributed to the escalating environmental and social challenges that have emerged in the wake of rapid industrialisation and globalisation. Amidst this backdrop, the Environmental, Social, and Governance (ESG) framework has emerged as a vital tool for businesses, guiding them towards aligning their strategies and operations with sustainability goals and principles.

As companies navigate the dynamic changes in the sustainability agenda, examining how these shifts are influencing the game plan and conversations within the business community, they are also seeking insights into practical strategies for integrating ESG goals into core business operations, prioritising investments in ESG initiatives and managing ESG-related risks.

Today, we speak with Professor Glenn Hoetker, Professor of Business Strategy, and the Foundation Chair of Sustainability & Business at Melbourne Business School to delve into the evolving landscape of sustainability and ESG, and key considerations Malaysian companies should look at to step up their pace on ESG rollout.