×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Why sustainable business is good business

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.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in