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OPINION: Sustainability’s million-dollar problem

Polar bear walking on ice off the coast of North East Greenland. The bear is reflected in the calm ocean.
“Every dollar wasted is like sustainability is hit with a 30% friction tax. It’s not good for polar bears, and it’s not good for business.” Photo: Jonathan McManus/Getty Images

Scott Lane | Speeki

3 min read
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In order for companies to stay competitive and drive better sustainable outcomes, they need to align ISO standards with their ESG reporting.

The sustainability industry has a systemic problem. Boards are wasting millions generating data they already have for ESG reports, but they don’t realize it.

They’re duplicating processes. Re-creating data they already have. Wasting resources that could have been better used to improve sustainable practices rather than reporting on it. 

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