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Business Reporter
MANAGEMENT Training Bureau (MTB) will on November 10 2023 host a sustainability conference as part of initiatives to grow awareness on the matter, which is growingly becoming a prerequisite for business processes worldwide.
Times have changed and investors are now keener than before, to scrutinise the environmental, social, and governance issues in an entity, particularly those they have intentions to invest in.
Running under the theme “Future Now Building Economies of Tomorrow Today” the conference seeks to promote sustainable business models, demystifying the sustainable approach to business.
Sustainability or circular economy is an emerging concept that encourages environmentally-friendly policies in businesses where the model of production and consumption involves reusing, refurbishing, and recycling existing materials as long as possible in contrast to the traditional linear methods that were characterised by the make and dispose idea.
The meeting can be attended by businesses of all sizes, from startups to multinational corporations, to share awareness and experiences on sustainability.
It also seeks to establish how sustainability enhances business processes more than it is a cost to business.
The conference is set to be attended by investors, policymakers, and other stakeholders who are interested in matters to do with sustainability.
According to MTB, many companies are seeing the sustainability drive as an added cost to their business without realising that conducting business in a sustainable manner ensures a better place and future for companies. Investors are now incorporating Environmental Social Governance data into the investment process to gain a complete understanding of the companies in which they invest.
They are increasingly applying these non-financial principles as part of their analysis process to identify material risks and growth opportunities in a company.
Speakers from Econet Wireless, FBC Bank, Business Council for Sustainable Development Zimbabwe (BCSDZ), and sustainability consultancy experts including Tawanda Muzamwese, are set to give insights on sustainability at the occasion.
MTB, Business Development and Marketing Manager, Mr David Dzikiti indicated that the ESG concept was almost similar to the usual operation in securities where the quality of operations by companies are constantly interrogated by investors.
“Sustainability is still a grey area, most individuals and entities do not really understand the concept of sustainability, and we want to unpack what sustainability is, we would want all stakeholders that attend to get to know what sustainability is all about.
“This is a high-impact subject that some entities or some organisations have not been taking seriously but it is something we all need to embrace.
“In the long run as a training institute we would want to roll out training programs that deal with sustainability,” said Mr Dzikiti.
The world’s natural state continues to deplete given the use of fuels and mechanisms that lead to the emission of toxic greenhouse gases which have been cited as major contributors to climate change, hence calls to adopt a circular economy that promotes climate change adaptation measures like adopting renewable energies and use of recyclable products.
The meeting endeavours to explore the latest trends, challenges as well and opportunities that businesses face in the area of sustainability.
It intends to connect businesses with experts in the sustainability field which might encourage them to take action on issues to do with sustainability.
For more details contact MTB, Business Development and Marketing Manager Mr David Dzikiti on 0774357960
Online Reporter