Let’s understand the difference between Sustainability and ESG. ‘ESG and Sustainability’, they both focus on ensuring that businesses and organizations operate in a way that considers broader social and environmental impacts, but they encompass slightly different aspects. In summary, ESG and Sustainability are related and often used together;

• ESG is a specific framework of measures and/ or policies for assessing certain aspects of a company’s performance.
• Sustainability is a broader concept that includes ESG considerations but also extends to economic viability and refers to the ability of an organization to operate in a way that meets the needs of the present without compromising the ability of future generations.

Sustainability means the avoidance of the depletion of natural resources in order to maintain an ecological balance.

There is ‘no silver bullet’, i.e. no one thing to achieving sustainability. There is, however, a program of collaboration, change, willingness, commitment and investment, that an organization needs to take. Achieving sustainability is journey and not a one-time fix. Sustainability is ultimately about continuous improvement and taking steps to minimize negative externalities associated with products, operations and value chain, while sizing opportunities to make a positive contribution to society.

For any tobacco company, to credibly speak about sustainability, the purpose can be none other than to replace tobacco products with better alternatives for smokers, society and the environment.

Environmental Conservation Decarbonisation. Is it a Race to achieve Net Zero emission? The Paris Agreement which came into force in 2016 (7 years ago) is, a legally binding international treaty on climate change, and it states that:

• The overarching goal is to hold (maintain) “the increase in the global average temperature to well below 2°C above pre-industrial levels”.
• And pursue all efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.”

Given the unprecedented devastation that we all witnessed with our changing climate condition over the past 2-5 years… then I will let you decide if there is a race to achieve Net Zero emission…