For many years, sustainability was little more than a footnote in corporate strategies—written on paper, but disconnected and low on the priority list. Yet the case for sustainable business was steadily building, underpinned by the belief that how companies manage environmental, social and governance (ESG) issues influences long-term resilience, reputation and ROI. Visionary leaders began integrating ESG considerations into their decision-making calculus in earnest, setting a new standard for ethical and responsible business. The nexus of inequality and climate crisis, alongside mounting public pressure for businesses to be part of the solution, upped the ante.
ESG has particularily impacted the Tourism & Travel industry. As such, BDO's experts have developped a briefing which outlines what this means to the industry and what to expect going forward. Take a read to help determine whether your business is ready to both handle the challenges and seize the opportunities of the future ESG landscape.
Is your business ready for the ESG imperative? Talk to one of our ESG leaders.