How sustainability benefits business performance

How sustainability benefits business performance

How sustainability benefits business performance
Using renewable energy can minimize vulnerability to fluctuations in the price of fossil fuels. (Shutterstock)
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Sustainability today is a core consideration in planning for organizational success. With tightening emissions targets and rising environmental awareness, there are tremendous pressures on businesses to become more sustainable.

This transition is not solely about compliance and social responsibility, however. It is about sustainability as a performance enabler — a driver of change that unlocks competitiveness and adaptability across the value chain.

Business sustainability can thus be described as a process of managing business activities in a way that maximizes efficiency without harming future generations.

Environmental sustainability, social responsibility, and corporate financial performance can all be included in the definition of the environmental, social, and governance concept, known in common parlance as ESG.

Sustainable value generation entails those actions that create and sustain growth, profitability, and enhanced value for shareholders in the long term.

There are clear economic benefits to be gained from greater sustainability. Embracing energy efficiency and reducing waste, for instance, cuts costs in production, while using renewables can minimize vulnerability to fluctuations in the price of fossil fuels.

Sustainable businesses are also able to attract cash from investors who prefer firms with strong ESG disclosures. Other analyses have revealed that a high ESG score reduces capital costs and enhances a firm’s performance.

The strategic management of environmental impact can bring both short and long-term benefits to organizations, including customer loyalty, reduced legal risks, and reputational capital.

Corporate social responsibility refers to the responsibilities that a business has to society and the impact of its operations on communities. To meet these responsibilities, firms are encouraged to respect labor practices and use ethical sources of labor.

Sustainability can give companies a competitive edge over their rivals, while at the same time being considerate to people and the planet.

Majed Al-Qatari

Cultivating a rapport and engaging with stakeholders, including employees, customers, suppliers, and communities, is an effective way of meeting those responsibilities.

Organizations with good social performance can attract talent, encourage return custom, and stave off the possibility of boycotts. Stakeholder engagement is a key factor in this, helping firms develop a robust business model that can easily cope with social shifts.

Potential barriers to sustainability include costs, resistance to change, and difficulties evaluating social and ecological impact. But with adequate planning, stakeholder input, and the use of technology in gathering and analyzing data, these can be overcome.

Meanwhile, industrial partnerships and government subsidies can assist with financial and operational challenges, while training and education programs can help shift organizational culture in favor of greater sustainability.

The circular economy, with its emphasis on recycling, and the growth of green finance will define the future business world, while artificial intelligence and the internet of things will allow organizations to monitor the effectiveness of their sustainability initiatives.

In sum, sustainability can give companies a competitive edge over their rivals, while at the same time being considerate to people and the planet.

Every firm that dreams of a prosperous future should invest in sustainable practices, thereby guarantee lasting benefits for itself and its stakeholders.

Majed Al-Qatari is a sustainability leader, ecological engineer and UN Youth Ambassador with experience in ESG and sustainability goals in business, nonprofits and financial institutions.

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News' point of view

Rare caracal wild cat spotted in Pakistan’s Cholistan desert

Rare caracal wild cat spotted in Pakistan’s Cholistan desert
Updated 4 min ago
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Rare caracal wild cat spotted in Pakistan’s Cholistan desert

Rare caracal wild cat spotted in Pakistan’s Cholistan desert
  • Caracal is a medium-sized wild cat native to Africa, Middle East, Central Asia, arid areas of Pakistan, northwestern India
  • Highly elusive creature is difficult to observe, even by researchers, and is territorial, living mainly alone or in pairs

ISLAMABAD: The highly elusive and rare caracal wild cat has been spotted in the Cholistan desert in Pakistan’s southern Punjab province this week, a wildlife official said on Tuesday.

The caracal is a medium-sized animal native to Africa, the Middle East, Central Asia, and arid areas of Pakistan and northwestern India. It is characterized by a robust build, long legs, a short face, long and pointed ears, relatively short tail, and long canine teeth.

The secretive creature is difficult to observe, even by researchers, and is territorial, living mainly alone or in pairs. Its speed and agility make it an efficient hunter, able to take down prey two to three times its size. It primarily hunts the chinkara deer, also known as the Indian gazelle, in the Cholistan desert, which is in the southern part of Pakistani Punjab, extending into the Greater Thar Desert.

“Over the past month, there have been multiple sightings, and just this morning [Monday], Mujahid Kaleem, Assistant Conservator Wildlife from Rahim Yar Khan, successfully spotted the animal [caracal] on camera for the very first time,” Ali Usman, a wildlife ranger for the Bahawalpur region, told Arab News in a phone interview.

Usman said the department currently lacked exact figures on caracal numbers in Pakistan.

“For a long time, this elusive species hadn’t been sighted in the region,” he said.

“However, with the current government’s support in the form of equipment, vehicles, and additional staff, our protection efforts have significantly improved. As a result, we’re beginning to see signs of ecological balance and resilience returning to the ecosystem and the caracal’s presence is a key indicator of that.”

The caracal is thought to be close to extinction in North Africa, critically endangered in Pakistan, endangered in Jordan, but stable in central and Southern Africa.


Intense heatwave grips southern Pakistan, disrupts public life

Intense heatwave grips southern Pakistan, disrupts public life
Updated 9 min 11 sec ago
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Intense heatwave grips southern Pakistan, disrupts public life

Intense heatwave grips southern Pakistan, disrupts public life
  • Experts say rising temperatures are part of broader trend linked to climate change
  • Met Office urges residents to undertake precautionary measures from Apr. 22-24

KARACHI: An intense heatwave has gripped Pakistan’s southern Sindh province, particularly its commercial capital of Karachi, as the mercury rose above 40 degrees Celsius on Tuesday, with the Pakistan Meteorological Department (PMD) warning that the weather conditions will prevail in the region for another two days.
The warning comes amid increasingly unpredictable climate patterns across South Asia, with Karachi experiencing more frequent and intense heatwaves in recent years — a trend that climate experts attribute to broader shifts caused by global warming.
The situation underscores rising concerns over the city’s preparedness for extreme weather events, amid growing calls for stronger climate adaptation policies, increased urban tree cover and more effective public awareness campaigns.
“Prevailing heatwave condition is likely to continue in Karachi division with daytime maximum temperatures are likely 4-6°C above normal till tomorrow,” the PMD said in a statement.
“Hot/very hot and dry weather prevails over most parts of the province.”
It advised people, especially women, children and the elderly, to stay indoors, avoid direct sunlight and stay well-hydrated. The maximum temperature predicted for Tuesday was 41°C, followed by 40°C on Wednesday and 39°C on Thursday.
Zaheer Abbas, a laborer in Karachi, said the scorching heat had severely affected daily life. 
“A poor person who pushes a cart can’t even work in this weather,” he told AFP.
Experts say rising temperatures are part of a broader trend linked to climate change, straining Karachi’s infrastructure and putting vulnerable populations at risk.
Iqra Ali, a Karachi student, said she was trying not to leave home unnecessarily.
“It’s hot,” she said. “For this, the more a person stays hydrated, it will be better.”
Pakistan has witnessed frequent, erratic changes in its weather patterns, including floods, droughts, cyclones, torrential rainstorms, heatwaves and the slow-onset threat of glacial melting, in recent years that scientists have blamed on human-driven climate change.
In 2022, unusually heavy rains triggered floods in many parts of the country, killing over 1,700 people, inflicting economic losses of around $30 billion and affecting at least 30 million people.
— With additional input from AFP


Gaza ‘land of desperation’ after 50 days of total siege: UN

Gaza ‘land of desperation’ after 50 days of total siege: UN
Updated 13 min 55 sec ago
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Gaza ‘land of desperation’ after 50 days of total siege: UN

Gaza ‘land of desperation’ after 50 days of total siege: UN
  • UNRWA chief Philippe Lazzarini: ‘Hunger is spreading and deepening, deliberate and manmade’
  • ‘Humanitarian aid is being used as a bargaining chip and a weapon of war’

GENEVA: The United Nations warned Tuesday that Gaza was facing deepening hunger 50 days into a total Israeli blockade on all aid entering the war-ravaged Palestinian territory.
“Gaza has become a land of desperation,” Philippe Lazzarini, head of the UN agency for Palestinian refugees UNRWA, said on X.
“Hunger is spreading and deepening, deliberate and manmade.”
After 18 months of devastating war and an Israeli blockade on aid since March 2, the UN has warned of a dire humanitarian situation for the 2.4 million inhabitants of the Palestinian territory.
Israel has accused the Palestinian militant group of diverting aid, which Hamas denies.
The heads of 12 major aid organizations warned last Thursday that “famine is not just a risk, but likely rapidly unfolding in almost all parts” of the territory.
“You can see a clear tendency toward total disaster,” Jens Laerke, spokesman for the UN humanitarian agency OCHA told reporters in Geneva Tuesday.
“It is true that right now is probably the worst humanitarian situation we have seen throughout the war in Gaza.”
In his post on X, Lazzarini questioned “how much longer until hollow words of condemnation will translate into action to lift the siege, resume a ceasefire and save whatever is left of humanity?”
The UNRWA chief decried that two million people in Gaza, most of them women and children, “are undergoing collective punishment.”
“The wounded, sick and elderly are deprived of medical supplies and care,” he said, even as humanitarian organizations like UNRWA have thousands of trucks waiting with supplies that risk expiring.
“Humanitarian aid is being used as a bargaining chip and a weapon of war,” he charged.
“The siege must be lifted, supplies must flow in, the hostages must be released, the ceasefire must resume.”


‘We never gave up’: Dubai Basketball edge out KK Split in last-minute win

‘We never gave up’: Dubai Basketball edge out KK Split in last-minute win
Updated 29 min 54 sec ago
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‘We never gave up’: Dubai Basketball edge out KK Split in last-minute win

‘We never gave up’: Dubai Basketball edge out KK Split in last-minute win
  • The 87-82 victory over the Croatian team secured their 11th consecutive victory to take their record to 23-5

DUBAI: Dubai Basketball continues their dream debut season with a last-minute comeback, securing a 87-82 victory over Croatian side Split on Sunday night at Coca-Cola Arena in Dubai.

This secured their 11th consecutive victory, taking their win-loss record to an impressive 23-5. With just one home game remaining before the playoffs, the team has cemented its place as one of the standout teams of the season.

Dubai Basketball delivered a dominant first half, outscoring Split with quick offensive blows and solid defense. Dubai Basketball’s “Latvian Laser” Davis Bertans led the scoring with 25 points, earning the title of the night’s hero after a clinical shooting display.

“Our first half was very, very good,” said head coach, Jurica Golemac, after the match. “We played with intent, we executed well, and we were in control. But then, we thought it was finished, and Split didn’t give up. We gave them the chance and the hope that they could win this game.”

With momentum shifting, Dubai’s rhythm appeared to falter toward the final minutes of the game. “We started to not move the ball,” Golemac said. “We missed a couple of open shots. We played basket to basket, and that’s never good. They got momentum, and they were scoring tough shots — even with good defense.”

Split seized the opportunity with a burst of energy in the second half, clawing back from a 12-point deficit and even taking a narrow lead at one point in the final quarter. Their head coach shared his half-time message, telling his players to “to take control of our lives — (the game) is in our own hands.”

As the game tightened, Golemac made a decisive move, bringing on fan favorite Nemanja Dangubic to help the team from deep in the court. The city’s commanding forward responded immediately.

“In the end, I have to give credit to the players,” Golemac said. “We managed. We never gave up. With defense, we won the game. And with the great help of our fans, they never gave up on us, and they gave us the extra energy when we needed it.”

Reflecting on the team’s recent run of success, Golemac said: “This is the 11th game in a row that we are winning. The last couple of weeks we had easier victories, and I think everyone expected that tonight would be the same — especially after the way the game started. But as I always say, we play for 40 minutes. Not 10, not 12, not even 38. We play for 40.

“It’s hard to stay at a high-level week after week,” he said. “Now we need to analyze what went wrong, look at what we can improve, and get back to work in practice to prepare for the next game.”


Famed Pakistani chef Zakir Qureshi passes away in Karachi

Famed Pakistani chef Zakir Qureshi passes away in Karachi
Updated 40 min 45 sec ago
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Famed Pakistani chef Zakir Qureshi passes away in Karachi

Famed Pakistani chef Zakir Qureshi passes away in Karachi
  • Qureshi inherited the passion for culinary arts from his father who worked with British Airways and PIA
  • He began his professional career at Karachi’s Sheraton Hotel in 1980 and first appeared on TV in mid-2000s

KARACHI: Renowned Pakistani chef Zakir Qureshi has passed away in Karachi, his family confirmed on Tuesday, bringing an end to his famous shows that provided diverse culinary expertise to countless people.
Born in the southern Pakistani port city of Karachi on Feb. 16, 1967, Qureshi inherited the passion for culinary arts from his father, Abdul Aziz, who worked as a chef with British Airways and Pakistan International Airlines (PIA).
The celebrity chef, who had maintained a loyal audience through his television programs, had been battling a kidney disease and remained under treatment in the United States until a month ago, according to his nephew. He passed away on Monday night.
“For uncle Zakir, cooking was more than a profession; it was a family tradition. However, he distinguished himself as the only member to pursue formal culinary studies abroad. He always spoke with great affection about his mentors, especially Sultana Siddiqui and Athar Waqar Azim,” Qureshi’s nephew, Shayan Qureshi, told Arab News.
“He was a kind, well-mannered, and loving individual. His culinary skills were exceptional. He not only revitalized traditional dishes but also skillfully adapted international cuisines to appeal to the Pakistani palate. His television shows not only brought delicious flavors into countless homes but also imparted the art of cooking.”
Qureshi had traveled to Dubai, Singapore, South Africa and Botswana for work and studies, according to his family. He began his professional career at Karachi’s Sheraton Hotel in 1980 and first appeared on TV in mid-2000s.
Zohaib Aalim, producer of Zakir’s Kitchen show, told Arab News that Qureshi had always been warm and respectful toward others, and always stayed focused on his work.
“Chef Zakir worked with us from 2015 to 2021. His most admirable quality was that he taught the best recipes within a limited budget. He used to say that he wanted to teach dishes people could actually make at home within their means,” Aalim said.
“In that sense, he was truly exceptional. He popularized Chinese, Continental, and Desi cuisines through his simple and accessible methods.”
Aalim said the flavors Qureshi introduced, the lessons he taught, and the memories he left behind will “forever live in our hearts.”
He may be gone, but his taste, his style, and his expertise continue to breathe in every Pakistani kitchen.