M. Venkaiah Naidu today underlined the importance of sustainable development and said that the world needs business leaders who can look beyond short-term profit and work for long-term sustainability. Inaugurating ‘Indian B-Schools Leadership Conclave’ virtually from Upa-RashtrapatiNivas in New Delhi, the Vice President cautioned that our pursuit of development should not come at the cost of the environment. Drawing attention to global warming and consequential increase in frequency of natural disasters, he said that this is impacting businesses as well.