A recent workshop hosted by the Fiji Institute of Chartered Accountants (FICA) highlighted the challenges Fijian businesses face in achieving sustainability. Mitesh Mudaliar, a director at New Zealand-based Pri-Plan Limited, indicated that the primary obstacles are knowledge gaps and insufficient support mechanisms. Despite a robust interest among businesses in Fiji to embrace sustainable practices, Mudaliar emphasized that many lack access to essential resources, experts, and advisors that can facilitate the transition.
During the workshop, participants discussed instances where companies began their sustainability journey but reverted to previous practices due to internal challenges. Mudaliar mentioned that inadequate consultation within organizations is often a significant factor for this regression. He stressed the need for businesses to engage stakeholders meaningfully in the sustainability process to cultivate acceptance and reduce resistance to change.
Notably, Mudaliar pointed out the absence of legislative support for sustainability efforts in Fiji, explaining that the lack of regulatory enforcement diminishes the impetus for businesses to pursue sustainable practices. However, he expressed optimism regarding the upcoming Fiji Climate Change Act, which is anticipated to drive organizations toward sustainability through regulatory mandates.
He urged businesses to start preparing now for the impending legislation, including the establishment of frameworks that facilitate compliance, such as climate risk reporting and emissions disclosures. As organizations begin embedding these systems, Mudaliar anticipates that Fijian businesses will pull together more robust sustainability strategies and find increased stakeholder buy-in.
This positive narrative suggests that while challenges remain, the ongoing discussions and impending legislative initiatives signal a commitment to sustainability, potentially transforming Fiji into a leader in environmental responsibility in the Pacific region. The proactive engagement of businesses and the dedication to overcoming barriers may lead to a more sustainable economic future for Fiji, encouraging innovation and resilience amid global climate challenges.
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