The operating environment for business is radically different than it was a decade ago, and it’s evolving every day.
Businesses must navigate the heightened expectations from investors, regulators, customers, employees, and other stakeholders; increasing geopolitical volatility and fragmentation; challenges of the accelerating energy transition; climate disruption; and emerging AI and other disruptive technologies.
All of this has massive implications for how we can achieve a more just and sustainable world and demonstrates the value of strategic resilience as businesses adapt to this new reality.
The companies that will remain competitive are embracing sustainability. Treating sustainability as a tack-on is no longer sufficient: Today’s leading companies understand the imperative to manage a holistic company renewal effort across the entire enterprise.
A strong sustainability strategy helps businesses to see around the corner, to maximize value creation opportunities, minimize financial risk, understand stakeholder expectations, and address the ethical imperative to avoid harm to people, the environment, and livelihoods.
At the center of all of this is the Chief Sustainability Officer—the indispensable linchpin within company leadership helping to guide companies into a more resilient and thriving future.
74 percent of employees would consider leaving their company if it wasn’t meeting their sustainability expectations.
90 percent of Gen X consumers are willing to spend 10 percent or more for sustainable products.
91 percent of banks monitor ESG, along with 24 global credit rating agencies, 71 percent of fixed-income investors, and over 90 percent of insurers.
How We Can Help
Adding Value to Your Business and Society
BSR’s experts can help your business transform to meet existing and emerging sustainability challenges. We partner with our member companies, helping them to see around the corner and to be prepared with strategies and roadmaps that anticipate risks and capture opportunities on emerging environmental, societal, and governance issues. We partner with our members through an iterative process, that starts with understanding the context of your market through to strategy development, stakeholder engagement and performance reporting.
Full BSR services considers a four-step process:
- Set Direction
- Understand Context: Survey internal and external landscape.
- Prioritize: Build consensus on focus areas.
- Develop Strategy
- Design and Position Strategy: Define your sustainability vision and ambitions.
- Create Roadmap: Establish clear goals and actions.
- Implement Strategy
- Design Governance: Ensure accountability and resourcing.
- Measure and Report Performance: Disclose annual progress.
- Engage and Refine
- Activate the Board: Build board capacity.
- Formalize Engagement: Design mechanisms for ongoing stakeholder dialogue.
Who We Work With
ESG-related assets and the ESG rating field are expanding rapidly. How will upcoming ESG rating regulations impact business?