Many companies now recognize they are directly connected with, and impacted by, their natural environment and society. This recognition is partly due to accelerating social and environmental changes, from population growth and urbanization to water scarcity, unpredictable weather and soaring demand for resources.
Accelerating social and environmental changes bring both new opportunities and new risks for business.
Market dynamics are transforming, offering rewards for the visionary and the nimble, but threats for those slower to adapt. New regulation is proliferating at international, national and local levels, creating different requirements that companies must comply with. And stakeholders are putting increasing pressure on companies to improve their environmental and social performance, which makes brands and corporate reputations ever more vulnerable.