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

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

Green SMEs in Middle East: Obstacles and Challenges

With ‘green’ being the buzzword across all industries, greening of the business sector and development of green skills has assumed greater importance all over the world, and Middle East is no exception. Small and medium-sized enterprises (SMEs) operating in eco-design, green architecture, renewable energy, energy efficiency and sustainability are spearheading the transition to green economy across a wide range of industries. Green SME sector in the Middle East has been growing steadily, albeit at a slower pace than anticipated. Regulations One of the major obstacles in the progress of green SMEs in the Middle East the has been poorly-designed regulation. According … Continue reading

الاقتصاد الاخضر في الأردن..حاجة وخيار استراتيجي

أثار الركود المالي العالمي نقاشا جادا بين العديد من البلدان حول الكشف عن أسباب الفشل وابتكار حلول معقولة. لقد بات البحث عن نمو اقتصادي “تحولي” أمرا مألوفا جدا في الوقت الحاضر، حيث الطاقة النظيفة والاستثمارات الخضراء تتصدران الواجهة كحل لمستقبل أفضل. وفي البلدان التي توجد في قلب التغيير بالعالم العربي، جلب “الربيع” الشهير نكهة مختلفة إلى التغيير والإصلاح المنشودين. ففي الأردن، يشكل الاهتمام بقضية الاستدامة (سواء بيئية أو اجتماعية) حاجة وأيضا خيارا استراتيجيا. ولأن الموارد الطبيعية محدودة جدا والطلب متزايد، فإن استجابة الدولة لاحتياجات المواطنين والبيئة ليست مجرد التزام سياسي، بل علامة فارقة لم تستغل بعد من شأنها أن تجعل … Continue reading

Women Entrepreneurship in MENA: An Analysis

Women entrepreneurship is an important unexploited source of economic growth in almost all parts of the world. Unfortunately women in MENA have the lowest rates of Total Entrepreneurial Activity (TEA) at merely 4% of the population. The highest rates, globally, are in sub-Saharan Africa, at 27%. Latin American and Caribbean economies also show high levels (15 percent). In just seven economies (Panama, Thailand, Ghana, Ecuador, Nigeria, Mexico, and Uganda), women had equal or slightly higher levels of entrepreneurship than men. For the rest, women represented a smaller share of the entrepreneur population. Current Situation The recent interest in women entrepreneurship in the Middle … Continue reading