As businesses’ approaches to sustainability matures, leaders will find their attention drawn towards company specific risk-based thinking objectives and how to efficiently integrate alternative strategies, such as green infrastructure, into their plans for 2015 onwards, according to analysis by Verdantix.
To understand the key sustainability management trends that will impact businesses in 2015, Verdantix assessed regulations, innovations, competitive dynamics and corporate strategies around the globe. Some of the sustainability themes Verdantix expects to see over the coming year include:
- Sustainability strategies will start to systematically use risk-based thinking
- Supplier sustainability assessments will move beyond checklists
- Water scarcity concerns will increase corporate investigation of natural capital risks
- Green infrastructure strategies will gain popularity for water management
- Non-financial reporting will continue its slow incremental growth
- Environment, health and safety (EH&S) and sustainability job functions will migrate closer together
Sustainability is back in style for 2015, according to the Ethical Corporation, which identifies five long-term megatrends that companies must keep an eye on this year.