Australia

Details

  • Service: Audit, Accounting Advisory Services, Climate Change & Accounting Assurance, Tax, Advisory, Risk Consulting, Climate Change & Sustainability Services, Private Enterprise, Topics, Climate Change
  • Type: White paper
  • Date: 29/11/2011

Business briefing series: 20 issues on building a sustainable business 

While many businesses are committed to the principles of building a sustainable business, many find it difficult to implement practical strategies that will enable this.
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KPMG has partnered with the ICAA to take a strategic, big-picture look at how businesses can address environment, social and governance risks and practically incorporate sustainability into their business plan.

 

This paper identifies 20 key issues relevant to implementing a new strategic approach to sustainability in a corporate context, discussed under four headings:

  • Build sustainability into your strategy
  • Implement the strategy
  • Embed sustainability into core business processes
  • Create value through reporting.

 

Key insights

  • Sustainability issues can potentially affect most elements of business strategy.
  • Understanding the broader context in which your organisation operates is a critical first step in incorporating sustainability considerations into business strategy.
  • Demonstrating the business value of a sustainability strategy is an essential element of building a sustainable business.
  • Meaningful reporting and disclosure of sustainability performance is essential for informing decision-making and appraising how an organisation is tracking against strategy and targets.