I left (yet) another meeting with the same question: why is sustainability strategically undervalued?
From recent conversations with a few well-known brand/organisations, there's no doubt that many companies still need the sustainability business case to invest. I'm sure it's not because they don't see the value in developing thorough and meaningful programs to sustainability. Could it because they perceive sustainability as a cost centre rather than a value centre? Their focus is very much on compliance and value protection; not on where the real or significant risks, impacts or opportunities may be.
One of the main reasons I can conclude based on the feedback from these meetings, why sustainability is still seen through a cost lens is because it's not fully strategically aligned with their core business process. So, until sustainability is strategically integrated and understood in terms of its potential for value creation, it will remain side-lined as a cost.
How does your organisation view sustainability?