ON top of a myriad of factors that can disrupt business operations, including a changing business environment and economic uncertainties that stir global financial markets, businesses are now increasingly concerned about how they can help address environmental issues, and for good reason. The effects of climate change are more apparent, with a study released by the United Nations' World Meteorological Organization showing that in 2021, greenhouse gases, the primary cause of climate change because they trap heat within the atmosphere, spiked to hit new record levels. They warn that these levels will continue to rise through 2022.

These environmental issues are cause for alarm, and has triggered increased participation from government, nongovernment organizations and businesses to join hands in preventing further environmental damage through sustainability initiatives.

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