Finance for Green Entrepreneurs, Start-ups, and SMEs: Perspectives for Jordan

Jordan is one of the most water scarce countries in the world where resources are far below the water poverty line which is 1000 m3 per capita per year. Adding to water scarcity, energy availability is another challenge where 96% of the demand is imported from outside.  Due to climate change, both water and energy sectors are expected to be negatively impacted. Lack of water and high prices of energy will both hinder the economic growth and employment rates adding further stress on the current high unemployment percentage specially among youth. Need for Green Economy To get out of this … Continue reading

6 Tools And Products For Your Industrial Business

Commercial businesses sell tangible goods such as airplanes, vehicles, roofing materials, and more. Their price usually depends on their quality. Industrial businesses work differently. Instead of selling the final product, an industrial business supplies other companies with the goods necessary for production, such as raw materials, manufacturing parts, etc. What makes a commercial business unique is their take on innovation, but when it comes to industrial businesses, the company that supplies the highest-quality materials at the fastest rate will stand out while others are left behind. Unfortunately, production isn’t a joke, and it’s difficult to improve your current production efficiency … Continue reading

Corporate Shared Value: Trends in the Corporate World

What if businesses could both make money and do good through the same actions? Businesses leaders who subscribe to the idea of corporate shared value believe they can. Many proponents even say it redefines and revitalizes capitalism. Michael Porter, a professor at Harvard Business School, and Mark Kramer, managing director of the global social impact consulting firm FSG, kicked off the corporate shared value trend in 2011 with an article in Harvard Business Review. Corporate Shared Value (or Shared Value) is a new generation business thinking which enhances the competitive position of the company while at the same time advances … Continue reading

6 Ways Natural Disasters Can Affect Businesses

Natural disasters are catastrophic events that result from processes that occur without human intervention. These adverse events include avalanches, landslides, earthquakes, and volcanic eruptions. Floods, tsunamis, blizzards, and wildfires belong to this category as well. It is worth noting that the occurrence and intensity of natural disasters vary from country to country. Natural disasters have a significant impact on the economy and the businesses in more ways than one. Read on to know more about the impact of natural disasters on businesses: 1. Supply Chain Disruptions Efficient and reliable supply chains are critical to the success of a company. For … Continue reading

Top Sustainability Trends in Europe

Sustainability is a global issue, but ecosystems, economies and other factors vary from place to place. While trends that prove successful in one area will likely eventually spread to others, different regions may be at different places at different times. In this post, we’ll focus on Europe. What trends are taking hold there? And which will spread to the Middle East? Sustainability Driving Revenue Growth While sustainability was at first often seen as a corporate responsibility and PR move, today it’s an integral part of business plans. It serves as a major competitive advantage and drives increases in revenue. In … Continue reading

3 Financial Benefits of Running a Green Operation

While it’s true that the first goal of going green with a business should be to make a positive impact on the environment, we would be lying to ourselves if we didn’t admit that there’s a major financial component to it. Many people will simply refuse to buy from a company that’s environmentally irresponsible. On the other hand, being eco-friendly can never be a bad thing. This is why all businesses should consider going green if they want to increase their bottom line. Here are some of the main financial benefits of running a green operation. 1. Lower Utility Costs … Continue reading

Sustainability in the Middle East: Complications and Opportunities

The Middle East region is facing a unique set of natural, operational, political, economic and social challenges in efforts to adopt sustainability. The rapid development and increasing population in these countries have led to an increased consumption of fossil fuels, water, and other non-renewable natural resources, taking a toll on the environment. Though the Middle East countries have significantly contributed to the carbon emissions, over the past decade they have taken positive steps towards addressing the core environmental issues and improving sustainability situation in their respective countries. This article aims at sharing the common challenges and opportunities faced by the … Continue reading

دور الشركات الناشئة في التعافي المستدام في منطقة الشرق الأوسط وشمال إفريقيا

أوشكت العديد من الشركات على الانهيار بسبب جائحة كورونا. في عالم ريادة الأعمال، تجد العديد من الشركات الناشئة والتي لا تمتلك شبكة أمان اجتماعي نفسها فجأة معتمدة كليًا على مدخراتها. وحيث يركز العالم الآن على مرحلة التعافي من آثار الجائحة، يدرك أصحاب الأعمال أهمية بناء نماذج عمل وهياكل أكثر مرونة ومنعة لمواجهة أزمات مشابهة ولتجنب أي صدمات اقتصادية. التكيف مع الواقع الجديد تسعى الشركات الناشئة الخضراء إلى تطوير حلول مبتكرة تهدف إلى استغلال النفايات أو إعادة استخدامها، وتقليل تكاليف التصنيع، وتخفيف الضغط على نظامنا البيئي الطبيعي وموارده. علمتنا جائحة كورونا كذلك أهمية الاستعانة بسلاسل الامداد المحلية أينما كان ذلك ممكنًا، … Continue reading

السعي نحو الاستدامة: جهود القطاع الخاص في منطقة الشرق الأوسط وشمال افريقيا

على الرغم من أن مسؤولية الدفع باتجاه الاستدامة غالباً ما تناط بالحكومات، إلا أنه لا يمكن تحقيقها بدون تعاون هادف وجاد واستعداد حقيقي من قبل القطاع الخاص، والذي يقع على عاتقه بصفته جزءا اساسيا من المشهد، مسؤولية توفير التمويل اللازم للمنظومة ككل، والاستثمار في البحث والتطوير والمساهمة في نشر التقنيات الحديثة وتسهيل تبادل البيانات بالإضافة إلى توسيع آفاق التعاون الدولي. العائد على الاستثمار: القطاع الخاص يتوجه للبيئة اختزلت العديد من الشركات جهودها لاعتماد نهج الاستدامة على شكل تبرعات وجهود رمزية، غير أن مفهوم العائد على الاستثمار لم يعد يقتصر على الارباح المالية كما يشير العديد من الباحثين، وإنما أصبح من … Continue reading

Matthew Stone: Teysha Technologies Partners with the Kind Planet Company

In August 2020, Teysha Technologies announced that it was to enter into partnership with the Kind Planet Company, providing the skincare company with biodegradable lids for its new organic skincare range. Teysha Technologies has pioneered a second-generation bioplastic, developing patented technology as part of its mission to revolutionise the global packaging market. As Matthew Stone, Teysha Technologies’ Managing Director explained, an estimated eight million plastic items find their ways into the world’s seas and waterways every day. Teysha Technologies aims to help reduce global plastic waste, offering manufacturers biodegradable alternatives produced from sustainable materials. The Kind Planet Company supports marginalised … Continue reading

Circular Economy in GCC: Potential, Prospects and Challenges

The concept of a circular economy has been gaining a lot of momentum on the agenda of many countries in recent years. In its core, it describes an economic model which opposes the current so-called linear economy, where output is produced, used and disposed at the end of its lifespan. In contrast, circular economy advocates suggest a model in which raw materials used during the life cycle of a good are completely reintegrated into the production process. Circular economy, therefore, means more than just to recycle your old appliances, but includes considerations about how to redefine products and services in … Continue reading

CSR Perspectives for the Middle East

Corporate Social Responsibility has moved beyond philanthropy, and is rapidly undergoing integration into the company’s core business strategy. However, in the Middle East, we can find companies that are still perceiving CSR as philanthropy and yet to view it as a “core business strategy “. Is it because of the culture and religion that we should give to the poor (Zakat or charity) so they consider it as their CSR? Should it be obligatory so companies will start thinking about CSR more strategically? Over the past few years, the interest has literally exploded in regional media and business community with … Continue reading