The private sector is a force for good – David Xuereb and Chris Meilak
Global disruptions have been a constant thorn in the side – from the financial and economic crisis to a global pandemic, logistics and supply chain constraints, geopolitical unrest and persistent inflation. What is also constant is the triple planetary crisis of climate emergency, ecosystem degradation and a growing waste and pollution problem, being a direct result of unsustainable production and consumption patterns adopted globally. Such matters have been leading to environmental degradation, as well as decreased quality of life, especially for those individuals in the lower rungs of society who hold little to no financial safety net, as such disruptions impact their lives and livelihoods. Policy makers are increasingly being faced by the need to develop new policies and plans to support a global sustainable transformation while ensuring that no one is left behind. National targets are being set, from carbon emission reductions to waste and recycling levels, and energy efficiency targets, among others. Environmental, social and governance (ESG) matters are growing in their importance, with increased interest, regulation and disclosure demands. Regulation is, however, not the...