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Loss of Biodiversity is a business crisis. What can businesses do about it?

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United Nations Environment Programme defines Biodiversity as “the variety of life on Earth and the natural patterns it forms”.[1] It includes elements of nature at ecosystem, species, and genetic levels upon which the planet depends on. Humans depend on biodiversity for food, water, and medicines including nearly 70% of drugs used for cancer treatment. [2] …

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COP27 failed to pave way for decarbonization. But hope is not lost yet.

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Decarbonization and emission reduction are vital to avoid a climate catastrophe. While the recent COP27 conference closed an important deal on loss and damage fund, it failed to establish a way forward for decarbonization. The conference reflected a general shift from focusing on mitigating climate change towards focusing on living with extreme climate conditions. It …

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Climate change Adaptation or Mitigation? What should businesses focus on?

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The ongoing climate change is already making a noticeable impact on our daily lives. Along with governmental actors and financial institutions, businesses have been preparing to address climate change issues. When creating a sustainability strategy to address this issue, businesses may come across two different terms: climate change adaptation and mitigation. There are two aspects …

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Climate anxiety is affecting businesses. But it can be overcome with action.

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Climate change is already taking place. So is climate anxiety among people. What is climate anxiety? Climate anxiety (or eco-anxiety) arises from worrying about climate change and its effects on our daily lives. It affects our mental health and could lead to depression, difficulty in concentrating, increased stress levels or behavioral disorders. It could be …

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What are Green skills? Do you already have them?

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Green skills are defined as “the knowledge, abilities, values and attitudes needed to live in, develop and support a sustainable and resource-efficient society”. [1] [2] In business context, these are essentially any skills that contribute towards creating products or services which have positive Environmental impact. Transition to Green economy for a low carbon future is …

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Diversity & Inclusion are not buzzwords. They are the missing link to sustainability.

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In the 21st century, discussion surrounding diversity & inclusion (D&I) has become more prevalent in the world of business. Every year, studies and research only seem to strengthen the business case for diversity & inclusion. As per McKinsey & Company’s notable reports Diversity Matters (2015), Delivering through Diversity (2018) and Diversity Still Matters (2020), diversity …

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Can global supply chains continue to thrive?

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In 1980, Nobel Laureate and economist Milton Friedman championed global free markets as fostering “productive efficiency, harmony and peace among the peoples of the world” [1]. He made this statement while explaining how people and organizations from multiple countries cooperate in manufacturing of a pencil. Since then, the world has come a long way having …

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