Sustainability has become an essential consideration for businesses worldwide, and family-owned enterprises are no exception. A family business often has a deeply rooted connection to its community and a strong focus on long-term success, making sustainability a natural fit for its strategic goals. A well-designed sustainability policy not only ensures environmental and social responsibility but can also help secure the longevity and financial stability of the business for fu

Almost half of companies (46) in the FTSE 100 made prior year adjustments to their previously reported climate and sustainability metrics this year, according to analysis by Deloitte. Deloitte’s analysis looked at the climate and sustainability disclosures in the most recently published annual and/or sustainability reports as of 31 December 2023. Of the restatements made, 89% related to greenhouse gas emissions (GHG) metrics, with the remainder (11%) comprised of a variety of

Around the world family-owned enterprises play a pivotal role. Today, family businesses are confronted with a multifaceted agenda that reflects the dynamic nature of the modern world. Two prominent themes that resonate across continents are sustainability and digital transformation. Both topics feature highly on the family business agenda worldwide, emphasising the delicate balance between tradition and innovation. One crucial aspect on the family business agenda is the chall

We now live in a world where the environment is front and centre, discussions are taking place in board rooms around the world about carbon emissions, reducing our collective carbon footprint and making sure we are doing business in as many ways as possible to reduce the environmental impact of our actions too. In this world where environmental concerns are at the forefront, the circular economy has emerged as a beacon of hope, reshaping the way we produce, consume, and disca

Businesses must adopt new ways of thinking to fully understand the threats posed by climate change and to create more effective, impactful ways of reducing their carbon footprints, according to new research from Imperial College Business School. The study, conducted by Dr Simone Cenci and Matteo Burato of the Leonardo Centre for Business on Society at Imperial College Business School, explored how organisations currently think and act in regards to tackling climate change, an

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful organization, they struggle with managing the increasingly dispersed and diverse family group. As the family – and with it, the shareholder group – grows, it tends to grow apart: Family members become more distant over time, both geographically and emotionally. With many more relationship

Sustainability is an age-old problem for businesses of all shapes and sizes across the entrepreneurial landscape. Measuring the success...