Business Can Earn a Licence to Lead

Ethical Boardroom Magazine, Winter 2017 edition

Society is rewriting the rules around what being a 'responsible company' means. How do you go from a resource taker to a marker builder and still generate value?

Political upheaval, technological disruption and environmental constraints are making the business environment more complex and less predictable than ever before, posing new challenges for strategic orientation and decision-making. Underpinning these developments are long-term trends – often unfolding in small but cumulative increments – that are reshaping the business environment and the role of business in society.

 

 

 

 

 

Generation S Will Make The Future

Huffington Post Blog

Our world is changing. Over twelve months have passed since the signing of the Paris agreement on climate change. In that time, average temperatures have risen to 1.2C above that which they were before the industrial revolution, putting 2016 on course to be the hottest year since records began. Amid this warming landscape, a wave of populism and nationalism has gradually spread around the globe, increasing concern amongst many that basic values of humanity and environmental stewardship will fall victim to demagoguery.

In this era of renewed uncertainty, of this period of anti-politics in the face of shifts in technology and patterns of migration, there is a high risk that the mistakes of the past will be repeated. But to borrow some poetry from the late Leonard Cohen, whilst there is indeed a crack in everything, that’s how the light gets in.

From Corporate Citizenship to Corporate Statesmanship

Sustainability - Thomson Reuters

Georg Kell is Vice Chairman of Arabesque and Founding Director of the United Nations Global Compact. Martin Reeves is a Senior Partner of The Boston Consulting Group and Director of the BCG Henderson Institute

Low growth and high uncertainty across the globe make the current environment for global businesses far from ideal. More critically however, the political will and public support for open markets is waning. Nationalism and skepticism towards free markets are both on the rise.[1] They undermine globalization, a major driver of wealth creation in the post-war era. At the same time, they also threaten to jeopardize another key driver – technology – the advancement of which is becoming increasingly colored by people’s fears of social dislocation.

Globalization: Four Ways to Avoid Self Destruction

Huffington Post Blog

In a landmark speech in January 1999, the former UN Secretary General Kofi Annan warned that the spread of markets was outpacing the ability of societies to adjust to them, that globalization is fragile and vulnerable to backlash from all the “isms” of our post-cold-war world: protectionism, populism, nationalism, ethnic chauvinism and terrorism. What these “isms” have in common is a fundamental exploitation of the misery and insecurity of those people who feel left behind. To counter this threat, he proposed a “Global Compact of shared values” and asked businesses to take the lead.

Populism and Nationalism: What Does It Mean For The Climate Agenda?

Sustainability - Thomson Reuters

A wave of populism and nationalism is currently re-shaping political landscapes on both sides of the Atlantic and around the world. The political will that has sustained an open and rule-based global economy is fracturing in a number of important countries, and the systems that were created after WWII to promote trade and investment based on non-discrimination are being hollowed out. Already regional and bi-lateral agreements are trumping multilateral approaches and trade distortions are on the rise. Nations are turning inward and building walls. What does this mean for the climate agenda?

When Traditional Culture Meets Modern Corporate Sustainability (in Chinese)

Tencent Finance News/Think Tank (Chinese Blog)

The modern corporate responsibility movement is maturing. Evidence continues to build showing that sustainable business practices can help to mitigate risks and enhance opportunities. Data availability is improving and investors are increasingly integrating environmental, social and governance (ESG) issues into their analysis and decision-making to improve performance.

Why Finance Is Too Important To Leave To The Bankers And Hedge Fund Managers

Huffington Post Blog

As of today, only a small fraction of the financial system is truly geared towards sustainable companies and much needed green infrastructure and technology investment. The global financial juggernaut continues to chase short-term returns, irrespective of environmental or social consequences, and remains detached from the real economy.

When Traditional Culture Meets Modern Corporate Sustainability

Huffington Post Blog

The modern corporate responsibility movement is maturing. Evidence continues to build showing that sustainable business practices can help to mitigate risks and enhance opportunities. Data availability is improving and investors are increasingly integrating environmental, social and governance (ESG) issues into their analysis and decision-making to improve performance.

Why it is Time to Rebuild the Energy System (in Chinese)

Tencent Finance News/Think Tank (Chinese Blog)

The modern corporate responsibility movement is maturing. Evidence continues to build showing that sustainable business practices can help to mitigate risks and enhance opportunities. Data availability is improving and investors are increasingly integrating environmental, social and governance (ESG) issues into their analysis and decision-making to improve performance.

Why it is Time to Rebuild The Energy System

Huffington Post Blog

A broad spectrum of experts agree that if we are to meet the global climate challenge, then a paradigm shift must occur away from the use of fossil fuels and towards the widespread adoption of clean energy. The urgency of the task is underscored by an ever-increasing body of scientific evidence, and the continued struggle of millions of people around the globe who need access to energy in order to escape poverty.

The urgency of the task is underscored by an ever-increasing body of scientific evidence, and the continued struggle of millions of people around the globe who need access to energy in order to escape poverty.