“Treat the Earth well. It was not given to you by your parents. It was loaned to you by your children.” – Kenyan proverb

According to James Cook University Australia, sustainability can be defined as the ability to “maintain healthy environmental, social and economic systems in balance, indefinitely, on a global and local scale”.

Contrary to popular belief, sustainability is more than just environmentalism, and recognises the roles of social and economic dimensions in delivering long-term prosperity.

Sustainability is a growing priority to business leaders, with many companies actively integrating sustainability principles into their organisations.

There are several factors for this, including changing consumer expectations and a growing environmental awareness across the globe. As such, sustainable business activities have the power to engage consumers, enhance operations and deliver value to an organisation’s bottom line.

There are three key pillars driving sustainability that business leaders need to understand and implement:

  1. Cost savings

Greater resource efficiency, waste management, water reduction and energy conservation have important, tangible cost benefits. For example, for every tonne of recycled aluminium (equivalent to just 50,000 cans), 14,000 kilowatts of electricity is saved.

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