CSR Cyprus: Corporate Strategy for Sustainable Business Models

Throughout the month of May, CSR Cyprus, in collaboration with the Cyprus Employers & Industrialists Federation (OEB), held a series of webinars on "Corporate Strategy for Sustainable Business Models in Conditions of Leadership".

With 25 executives from 15 different companies, the webinars took an in-depth look at how to refocus companies’ business strategy, shifting from traditional business models to more sustainable and responsible models aimed at creating value not only for both companies, but also for its stakeholders and society at large.

The conclusion? As participants actively discussed ‘responsibility’ within their businesses and how to practically restructure their strategy, it was clear that collaboration and innovation are vital to consolidate sustainable development. In a post-pandemic world, where climate change, social inequality and corruption are ever-present, businesses will have to adapt to a new way of doing business – one which has responsibility and solidarity at its core.

But how can this be done? To foster the new entrepreneurial spirit emerged from the COVID-19 crisis, CSR Europe is inviting businesses, industry federations and policymakers across Europe to implement a European Pact for Sustainable Industry.

With the Pact, we want to initiate a pan-European movement, at local and international level to invigorate leadership and engagement towards a Sustainable Europe 2030. Time has come for all enterprises to join forces with their industry federations to transition towards circular production and consumption patterns by engaging the entire value chain – balancing economy, biodiversity and societal needs in order to maximize value creation to society.

Are you a National Partner Organisation, a company or industry federation? Are you ready to scale-up your sustainability efforts? Engage with us!