• Thursday, Jul 09, 2020
  • Last Update : 02:15 am

Sustainability is the future

  • Published at 12:04 am December 20th, 2019
Economy
Photo: BIGSTOCK

We can no longer make excuses when it comes to practices which harm the environment or violate women’s rights

It should come as no surprise that, according to the Global Reporting Initiative’s Sustainability Reporting Framework, sustainable business practices can unlock immense potential in our economy, creating new opportunities worth $51 billion in Bangladesh.

For our nation, which has continued to be at the forefront in the fight against climate change, and which continues to be one of the countries most vulnerable to its detrimental effects, sustainable business practices should be a given. 

As such, authorities and businesspeople should find it doubly encouraging to note the immense financial benefits of sustainable business practices, practices which consider the impact of businesses on the wellbeing of the nation. 

But sustainability is not specific to the environment alone. When it comes to creating a sustainable business environment, we must also pay attention to equal pay, women’s care, skill development, product diversification, and innovation.

There is no doubt that Bangladesh has the will to progress in each of these sectors – as can be seen with the immense progress we have made -- but that journey is far from over. 

We can no longer make excuses when it to comes practices which harm the environment or violate women’s rights -- it is the solemn duty of the citizens and of the authorities to ensure that such sustainable business practices are incentivized, and those who choose to ignore them are punished.

We must continue to build a nation that truly values its position as a country in the greater context of the world and creates an economy that sustains itself by caring about the environment, the country, and its people.

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