Transformation is all about change. A change in structure and/or composition. In business terms this means a structured approach in changing the business model, the business activities and the business outcomes. As ESG is all about materials, energy and people, ESG business transformation is a structural adaptation to the availability of these three core elements of the economy. This is incentivised by new societal expectations and scientific insights.
ESG transformation is the development part of sustainable development. It is the real physical impactful human driven change of business and the economy.
Material flows are being bend from linear into circular ones. Fossil fuels are phased out and replaced by renewable sources. And people deliver the capacity and the capability to enable these changes, while leaving no one behind.
Making progress measurable is an important key to the approach presented on this website. Today we have the data and the technology to guide transformation in a more manageable way. In this light you can also speak of the TWIN transition, where digital and ESG transformations go hand in hand.
Chapter 5.2 offers the 7 steps to set up the ESG business transformation process.
