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Redefining sustainability in business with City Developments Limited

Discover the intersection of stewardship, steward leadership, and ESG principles as revealed in this video snippet of CDL's Esther An, a pioneer in driving sustainable change in the business world.

Sustainability Business Video StewardLeadership
Luke Phang

Luke Phang

Advocate for Ethical Businesses

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Posted 25/05/2023

 

One of the most pressing issues of our time, the topic of Environmental, Social, and Corporate Governance (ESG), sits at the intersection of stewardship and steward leadership. Today, businesses are being challenged not just to turn a profit, but also to fulfill a broader societal purpose. The interconnectedness of our planet, people, economy, and businesses is undeniable, solidifying the case for ESG and stewardship integration into all facets of business operations. At the forefront of this movement, City Developments Limited's (CDL) Chief Sustainability Officer, Esther An, shares invaluable insights in a video snippet taken during the 2022 Stewardship Commons, on the ESG pillars that guide the work of CDL. 

The first pillar of CDL's ESG strategy, as outlined by An, is integration. This reflects steward leadership by embedding ESG principles into the corporate structure from the ground up. Steward leaders act as custodians of the business, ensuring sustainability is not just an afterthought, but a guiding principle that permeates all levels of the organisation.

The second pillar, innovation, emphasizes the importance of adaptive leadership in the face of a growing climate emergency. Steward leaders are called upon to go beyond mere risk mitigation; they must foster an environment of innovation, seeking out sustainable technologies and solutions that mitigate environmental impacts.

Investment, the third pillar, underscores the role of businesses as stewards of resources. It involves investing not just in technology and solutions, but also in the community. By directing resources towards societal development, businesses can play a pivotal role in driving sustainable changes.

The final pillar, impact, is at the heart of steward leadership. It emphasises accountability and responsibility, requiring businesses to be mindful of their impact on society and the environment. Steward leaders understand that their role goes beyond satisfying investors and financiers; they are also accountable to a wider range of stakeholders.

The video crystallises the essence of steward leadership in the context of ESG principles. It's a rallying call for businesses to step up, adopt a stewardship mindset, and champion sustainable practices. This video is a must-watch for businesses, executives, and anyone interested in understanding the integral relationship between ESG principles, stewardship, and steward leadership.

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Articles Steward Leadership

Redefining sustainability in business with City Developments Limited

Discover the intersection of stewardship, steward leadership, and ESG principles as revealed in this video snippet of CDL's Esther An, a pioneer in driving sustainable change in the business world.

#Sustainability #Business #Video #StewardLeadership
Luke Phang

Luke Phang

Advocate for Ethical Businesses

See profile
Posted 25/05/2023

 

One of the most pressing issues of our time, the topic of Environmental, Social, and Corporate Governance (ESG), sits at the intersection of stewardship and steward leadership. Today, businesses are being challenged not just to turn a profit, but also to fulfill a broader societal purpose. The interconnectedness of our planet, people, economy, and businesses is undeniable, solidifying the case for ESG and stewardship integration into all facets of business operations. At the forefront of this movement, City Developments Limited's (CDL) Chief Sustainability Officer, Esther An, shares invaluable insights in a video snippet taken during the 2022 Stewardship Commons, on the ESG pillars that guide the work of CDL. 

The first pillar of CDL's ESG strategy, as outlined by An, is integration. This reflects steward leadership by embedding ESG principles into the corporate structure from the ground up. Steward leaders act as custodians of the business, ensuring sustainability is not just an afterthought, but a guiding principle that permeates all levels of the organisation.

The second pillar, innovation, emphasizes the importance of adaptive leadership in the face of a growing climate emergency. Steward leaders are called upon to go beyond mere risk mitigation; they must foster an environment of innovation, seeking out sustainable technologies and solutions that mitigate environmental impacts.

Investment, the third pillar, underscores the role of businesses as stewards of resources. It involves investing not just in technology and solutions, but also in the community. By directing resources towards societal development, businesses can play a pivotal role in driving sustainable changes.

The final pillar, impact, is at the heart of steward leadership. It emphasises accountability and responsibility, requiring businesses to be mindful of their impact on society and the environment. Steward leaders understand that their role goes beyond satisfying investors and financiers; they are also accountable to a wider range of stakeholders.

The video crystallises the essence of steward leadership in the context of ESG principles. It's a rallying call for businesses to step up, adopt a stewardship mindset, and champion sustainable practices. This video is a must-watch for businesses, executives, and anyone interested in understanding the integral relationship between ESG principles, stewardship, and steward leadership.

Unlock the full article

Get full access to groundbreaking solutions. No cost, just a few seconds.

Explore Topic

Equality Climate Change Governance Sustainability Steward Leadership

Related Content

Chase Life Worth, Not Net Worth

Chase Life Worth, Not Net Worth

Rajeev Peshawaria 10 Feb 2023
The sources of self-worth

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Charting the course of stewardship: from philosophy to principles to practices

Charting the course of stewardship: from philosophy to principles to practices

Bey Soo Khiang 01 Feb 2023
Tolaram: Stewardship across generations

Tolaram: Stewardship across generations

Sumitra Aswani 02 Feb 2023

Want to leave a comment? Sign up or log in.

0

More from the Commons

Steward Leadership

Chase Life Worth, Not Net Worth

Rajeev Peshawaria 10 Feb 2023
Steward Leadership

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Rajeev Peshawaria 31 Jan 2023
Steward Leadership

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Bey Soo Khiang 01 Feb 2023
Steward Leadership

Tolaram: Stewardship across generations

Sumitra Aswani 02 Feb 2023

Have a perspective worth sharing?

Submit an idea, propose a course, or start a conversation that moves the field forward.

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