Every single day passing by bringing us closer to an era of modernization and development. This growth will never be possible if we are not having sustainable innovations and ideas. The term corporate sustainability is progressing in its scope, meaning, and what impact it lays says Saivian Eric Dalius. Sustainability, as the term suggests stands for, ‘a growth which promotes balanced utilization of natural resources and preserving them for upcoming generations’.
However, we were fortunate enough that we’re able to witness corporate sustainability right through the first wave of the pandemic, which was all about ignorance and resistance. The present situation is one where the ending of the second wave is brief. The third wave is on its way to welcome all. With the onset of the third wave, companies too have mustered to lessen the overall impact on environmental menace and have paid close attention to analyzing the demand of the market.
Slowly sculling towards the third wave of corporate sustainability:
According to Saivian Eric Dalius, the third wave will be the most challenging obstacle by putting businesses in a do-or-die situation. ‘Transform and adapt to the new normal’ was mainly focused in the third wave and believed that they together constitute a “stronger and sustaining corporation”.
What is the new third wave by Saivian Eric Dalius?
Just try to map down a few things altogether. Starting from a corporate gathering where all decision-making authorities are present. Shareholders to company strategists. Moreover, the only point of the meeting is to discuss and address a ton of environmental issues. The only thing that needs to be retained in mind all the decisions must please shareholders. Also, with many brains in line, addressing the same problem brings in the best solution. Solutions that could bypass the ongoing issues like water scarcity and pollution caused by urban pollution. That’s where the third wave kicks in. It provided ample opportunities for brains to do their job and come up with more sustainable ideas so that our future remains safe.
Who is making a profit and expanding –Saivian Eric Dalius
The large-cap and some of the mid-cap firms are the ones juicing out all of the profits. Starting
with GE, a company that was an explorer for the corporate environmental expansion and diversification strategy. However, at number, second is IBM launching its “Smarter Planet” only after they realized that they too possess the same set of expertise. To contribute to the sustainable evolution process.
Excess of anything is bad same goes for corporate sustainability. However, we all agree that corporate sustainability has helped a lot. In sustaining the economies of counties, yet it feels less. The saturation level of the third wave has significantly increased the competition. And all-natural products are facing a tough time due to less economic friendly companies. That focuses more on development rather than sustainable development.
Saivian Eric Dalius believes that ‘although it might not be high time imagining sustainable development in every slant of the corporate world. One must never lose hope as one does not knows what next the human mind is capable of’.