LeadershipHQ Magazine 3rd Edition September Issue | Page 26

that invest in Australian shares are typically outperforming their mainstream counterparts by three percentage points year on year. We have seen a rise in a range of environmental leadership philosophies embedded in increasingly novel and community-welcomed organisational initiatives, ranging from reducing resource consumption; adoption of waste and water reuse technologies; recycling initiatives (in particular those aligned with community enterprise); local food initiatives driven by ‘paddock to plate’ philosophies; the establishment of sustainable protein projects (promoting low-impact alternative protein sources, such as mushrooms) and urban agriculture initiatives; ecolabels, eco-certifications and sustainability indexes; through to the appointment of Chief Sustainability Officers. A broadcasted negative environmental or social business practice or an environmental report listing regulatory non-compliance now have broader repercussions. Company leaders and Boards can no longer afford not to demonstrate environmental leadership and incorporate it into organisational strategy at every level. So is environmental leadership a ‘leadership skill for the new millennium’? I would argue that it was a leadership skill for the last millennium but many companies (and individuals) were slow to realise its potential and also the risk of not leading on environmental issues. Indeed, we still have individuals (and companies) that believe the world’s resources are endless, denounce climate change and believe that the world’s oceans and land provide a convenient, cheap disposal option. Organisations need ‘green’ visionaries, leaders who are willing to redefine leadership strategies within their organisation or reshape industry dynamics as required. Those who will set goals, establish and hold responsibility for measurement and reporting, and reengineer consumer/clients supply chains and, perhaps, industry. Email: [email protected] www.wastetoopportunity.com 26 | © LeadershipHQ 2015