"The Impact of Sustainable Practices on Business Success"

Since the beginning of 2024 we have seen ever increasing climate events across the globe, from increased severe weather to the recent floods in Dubai. On top of this in an ever increasing tumultuous world economic and social pressures are increasing on individuals and businesses.

It is more import that ever to recognize the value that businesses and decision-makers have on those around them, from customer to employees and investors, no one is unaffected by the Corporate Responsibility & Sustainability approach business and government-leaders take across the world.

Companies have a responsibility to ensure the welfare of employees beyond remuneration, ensuring that the actions taken are responsible and sustainable for the long-term future of both the business and consumer satisfaction, in recent years as large firms increasingly seek to cut-costs to boost margins we have seen a sharp drop in employee morale and sustainable strategy from business leaders.

This approach is short-term thinking seeking to increase investor value today at the expense of growth and reputation tomorrow, both the UN and EU have set out global expectation for Sustainable Development Goals that can be applied both nationally and within a business environment.

Points 3, 5, 8, 9, 10 and 17 in particular apply across the board regardless of whether those following the goals are a national government or small business. It is important to consider these as part of a long-term strategy for any organisation, in particular where there is a view to long-term operations and growth, it is also important to consider the impact that the work we undertake will have on the wider community, especially when we are a third party contractor or supplier, as it is often all too easy to pass the responsibility for our advice and actions onto the business buying our services.

At KABSYS we apply the 3 Pillars Principle to any contract we bid on or are asked to engage with, these are fundamentally, Economic, Social, and Environmental, as our core values, if we feel these are not being valued at a basic level with work with our clients where possible to develop an approach that will ensure the end goal while staying within these pillars.