Over the past decades, many foreign enterprises have committed to long-term engagement in developing markets, particularly in the manufacturing and agricultural sectors. This presents many opportunities to support local communities and local economies in their development efforts through sustainable investment practices.
While many companies engage in sustainable business practices, there are lessons to be learned and room for improvement. Despite the strong push by different stakeholders, including governments, to encourage responsible business conduct overseas, the increasing number of mandatory standards and voluntary frameworks are unlikely to achieve their desired impact without proper dissemination, implementation, uptake and incentives.
This guide shows foreign investors how to embed sustainability in all stages of business operations by complying with environmental and social sustainability requirements and sustainability practices.