When immediate existential threats surface, it is natural that businesses react and redirect their energies. If a business does not survive, it is no longer able to support sustainability, regardless of how lofty its ambitions. In some ways, sustainability’s lengthy timelines make it a victim of prioritisation: a smaller issue today will generally outcompete a larger issue tomorrow.
At the time of writing, Conservative Party candidates in the UK are jostling for leadership status and are making short-term promises at the expense of sustainability and climate change. If Government is so readily swayed by the winds of partisan politics, then we lose the momentum and impact of one of our core pillars of change – something far more destabilising than temporary business reprioritisation.
The goal must be for short-term success to merge with long-term sustainability. Chris Johns, CFO at Yorkshire Water, has a clear view on how to start this.
ESG is a strategic priority, firmly on the C-suite strategic agenda
ESG ambition does not yet meet reality – ESG activity is underinvested and lacks prioritisation and conviction
About Efficio
We have specialised in procurement and supply chain management for more than 20 years, supporting our clients across the globe from 13 offices in Europe, North America, and the Middle East. This scale and singular focus sets us apart.
We help organisations reduce costs, improve internal processes, and upskill their procurement teams so that they can realise savings faster. And we believe that procurement – alongside board-level commitment – is the key determiner for organisations to successfully achieve their ESG objectives.
Our combination of expertise, data, technology, and human intelligence delivers value improvements at speed, allowing your organisation to operate more efficiently and compete more effectively in an ever-changing landscape.