TEXT: -Climate action agenda is now in board meetings (most organisations); focus on impact of climate and natural capital risks on the organization and vice a versa.

• Effective governance manages risks, ensures legal compliance and protects stakeholders interests.

• Ethical leadership contributes to sustainable practices - e.g., reducing carbon emissions and promoting social responsibility including the supply chain.

• Vital to leverage technology to become more ethical and sustainable.

Recommendations:

• Promotion of participatory governance through community participation, public consultations, and citizen engagement initiatives.

• Businesses that build stakeholders' trust experience increased customer loyalty, employee satisfaction, and investor confidence.

• Leaders should integrate sustainability into the company's strategy and decision-making processes, instead of treating it as a peripheral issue.

• Transparency and accountability in decision-making is vital for inclusive growth.

Copyright Business Recorder, 2023