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Sustainable Business Strategy

Avoiding strategic greenwashing – why your business strategy must be plausible

Worldwide regulators are tightening up on strategic greenwashing to protect consumers, business and market integrity. As further examples arise there is more, we can learn about what regulators will tolerate and what they require of companies.

Put simply, any leeway for general feel-good statements, vague aspirations and unsubstantiated claims has vanished as the focus shifts from products and services to more fundamental strategy.

In this article, we review the major stakeholders with a stake in clamping down on greenwashing, take a look at three recent high-profile cases where adverts have been banned and examine the far-reaching implications of regulatory requirements for companies.

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WEF Global Risks 2023 – What’s new and what’s changed?

While big picture environmental threats of climate change, nature loss and ecosystem collapse remain long term risks, geopolitical instability and the current cost-of-living crisis challenges present emerging challenges to the chance for global consensus and coordinated action.
The WEF (World Economic Forum) Global Risks Report 2023 presents a picture of how more than 1,200 respondents perceive the global risk landscape, identifies several future scenarios and possible polycrises arising from the complex interactions of a number of individual trends.
What are the Report’s headlines and top 10 short- and long-term risks?

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2023 sustainable business trends and challenges – what to watch out for

From avoiding greenwashing to facing soaring business costs, 2023 is set to be a challenging year for most business leaders to navigate.
Regulators, customers and consumers have increasing expectations for good quality, consistent information on sustainability. Communication must be accurate and meaningful because greenwashing is getting more dangerous.
Inflation and the cost of borrowing have the potential to push action on climate and sustainability down the agenda, but this is balanced by new regulation for 2023 that will help keep sustainability at the forefront for many business leaders.
As in previous years, the climate and nature crises, new regulations, geopolitical turmoil, and declining biodiversity are not going away. Sustainable business ambitions and plans are indeed facing challenges from fast-changing global conditions.
Terrafiniti’s partners Dominic Tantram and Joss Tantram share insight and opinion on the trends to watch for 2023 –the good, bad and the ugly.

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Global Risks 2022

Most major sustainability issues have important risk dimensions for companies – and societies. In many cases these are still not adequately represented in board-level discussion, company risk assessments or registers.
WEF’s Global Risk Report provides a very useful, comprehensive global review and outlook upon what is important, and this article provides an overview of 2022’s report.

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Biodiversity – the next crisis?

While we've been concerned with action on climate and tied up with Covid19, a larger, related crisis is brewing. Businesses are waking up to the need for action on biodiversity.
Biodiversity is one of many issues organisations should consider when developing (or reviewing) sustainable business strategy. Many organisations have biodiversity-related dependencies and impacts stemming from their location, supply chains, products and services.

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Transforming the business case for sustainability

In a business context it’s often been necessary to justify why sustainability is important with a business case. While it gets less visibility now, it’s still common to see the symptoms of not having a good business case, or one that’s not widely implemented.

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