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Schneider Electric East Africa Country President Carol Koech. [File, Standard]
Is it possible to be both sustainable and profitable? Many would argue these are conflicting objectives. But are they? Sustainability commitments are not just better for the planet; they are better for business, too.
In its research on sustainability imperatives, Accenture found that, "between 2013-2019, companies with consistently high environmental, social, and governance (ESG) performance enjoyed 4.7 times higher operating margins and lower volatility than low ESG performers over the same period.
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