Sustainability is derived from the Latin word “sustinere” which means ‘to hold up’. Overtime this word has gained immense importance especially amongst companies which are driving their diverse functions to ‘Go Green’. Sustainability has become the harbinger of future business. There is no organisation that isn’t talking sustainability. Ideas that are propounded in Board rooms for implementation all the way from procurement to production to point-of-sale need to be made inclusive. Management & employees at all divisions & work places need to be in sync with the organisation’s mission of sustainable growth. Challenges abound in ensuring equanimity in acceptance of the ideas emerging from Board Rooms. Top management therefore has a huge task to ensure the concept of sustainability before being accepted by their consumers. Companies, be they into manufacturing or services are incorporating sustainable practices to improve the quality of their outputs and to connect with customers with a clearer conscience.A panel discussion with leaders from some of world’s most reputed companies on the challenges they face and solutions they propose in garnering employee support for implementing sustainability throughout their organization is what will be food for thought for participants & audience alike.
With the implementation of Section 135, in the Companies Act 2013, it has become mandatory for companies to invest in Corporate Social Responsibility activities, from April 2014. This has set the ball rolling for corporate investments in all activities that contribute towards the organization becoming socially responsible & that which facilitates sustainable development. Companies are increasingly investing in welfare services for their employees, environment protection & social service activities. They are also focusing on ethical practices, saving energy, using renewable energy, recycling waste, implementing innovative strategies for employee retention & developing long-standing relations with clients & customers.
It therefore seems that implementing and integrating a Sustainability strategy can be very challenging because many parts and levels of an organization will be unfamiliar with its implications. A panel discussion with leaders from some of world’s most reputed companies on the challenges they face and solutions they propose in garnering employee support for implementing sustainability throughout their organization is what will be food for thought for participants & audience alike.