Sustainable business practices the new ‘holy grail’ for corporate success

Many are prepared to reward companies keen on taking climate action — and to shy away from those that don’t.

Photo credit: Shutterstock

Sustainability is defined as the quality of being able to continue over a period of time and represents a balanced approach to meeting the needs of the present without compromising the ability of future generations to meet their own needs.

The concept, christened as ‘Triple Bottom Line’ and also referred to as ‘Profit, People and Planet’, sits in contrast to the traditional single bottom line whereby the focus was more on profits and shareholder value return.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.