As the Western Cape braces for another winter of below-average rainfall, environmental challenges have become the new normal, which demands a new response from business. Climate change, increasing income inequality and political instability are some of the many global challenges prompting companies to seek a better understanding of the risks and opportunities posed to the long-term welfare of shareholders and stakeholders. Research from the Embedding Project, a global public benefit research project, indicates that there is a growing recognition from companies that they need to commit to operating within a set of socio-ecological thresholds that consider longer timelines and have a broader understanding of value creation — and that they have to report their performance on managing these issues. There is also a growing understanding of the central role of business in developing "community resilience", a term that is increasingly finding resonance in SA’s discourse, which refers to a ...

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