Sustainability is Becoming Common in Corporate Practices
Call it another example of the law of unintended consequences. The sustainability officer role is projected to diminish and spending on consulting by sustainability officers to shrink over the next five years, according to a study from Verdantix. The shift is taking place as sustainability is becoming an everyday practice throughout different corporate departments rather than a specialized initiative directed from a dedicated office. Business functions such as finance, sourcing, packaging, energy and waste management, and product designs are projected to spend more on sustainability projects in the next five years. Drivers for growth are the increasing interest from investors in ESG issues, an emphasis on supply chain—and the move to hand off sustainability responsibilities to environment, health and safety (EHS) executives. As it matures, sustainability is becoming common. That’s a good thing.
John Howell, Editorial Director
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