additional financial outlay,
lack of technical knowledge,
replace machines with more phone code philippines environmentally friendly ones,
change the marketing message,
cultural limitations.
Every company is unique, so the challenges in implementing a responsible development strategy and meeting the SDGs may vary depending on each company's business profile.
ESG strategy: when to develop it
All companies have to adapt to the reality of the market, which changes more rapidly every year. Business development in the field of sustainability is a key prerequisite for maintaining the competitiveness of companies in the long term. The sooner a company starts its actions in the field of sustainability, the easier the path to achieving the objective of the business strategy will seem. Integrating the SDGs takes time, requires sustainable management and the involvement of all areas of the company. However, it is worth highlighting the benefits of a sustainability strategy for both the company and the natural and social environment, which in the long term outweigh the costs associated with business transformation.