?? BUSINESS FOR HUMANITY: A Sustainability Christmas Special with Andreas Rasche ?? On the twelfth day of climate crisis, my planet sent to me: Twelve leaders pledging, Eleven greenwashing ads, Ten carbon offsets, Nine activists marching, Eight forests burning, Seven seas a-rising, Six droughts a-scorching, Five fossil fools! Four flooded cities, Three toxic spills, Two species lost, And a glacier melting rapidly. (12 Days of Climate Crisis: https://lnkd.in/eEJAYj4W) It’s the most sustainable time of the year! Join us for a witty and reflective session with Andreas Rasche as we unwrap 2024's biggest sustainability wins and missteps, based on the many insights from Andreas’ Sustainability in the Boardroom blog. Together, we'll reflect on key trends, vote on whether the year has been naughty or nice for our planet, and exchange ideas to make 2025 brighter and greener. Expect lively discussions, intellectual cheer, and maybe a few “green” Christmas crackers. Plus, you’ll have the chance to make your sustainability resolutions for the coming year! ?? Date: Monday, 16th December 2024 ?? Time: 11:00-12:30 CET (10-11:30 AM UK, 6:00-7:30 PM HK, 9:00-10:30 PM AUS) ?? RSVP: https://lnkd.in/eQpPbhq7 ?? Special Feature: Cast your vote: Is the world on track or off course? Your insights will shape a collective call-to-action for 2025! Grab your sustainable eggnog and join us to make sure humanity’s next chapter is merry, bright, and aligned with the common good! About Andreas Rasche Andreas is researching and teaching on corporate sustainability with a focus on ESG, governance and sustainable finance. He currently serves as the Associate Dean for the Full-Time MBA program at Copenhagen Business School. Andreas has published over 60 peer reviewed articles in international journals and authored/edited seven books. He has worked for and collaborated with the UN Global Compact on a number of projects. From 2012-2024, Andreas served as Associate Editor of Business Ethics Quarterly and was a Visiting Professor at Stockholm School of Economics (2017-2020). More at: https://www.arasche.com #Leadership #Sustainability #Boardroom #BusinessForHumanity #GoodOrganizations #Innovation #Strategy #CircularEconomy
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The one thing you’re doing wrong in your fight against climate change: You're thinking you are too small to make a difference ??♀? Believe it or not, every small, consistent habit you adopt contributes to reversing climate change. In fact, household emissions in the EU dropped by 6.5% in just one quarter of 2023, proving that individuals hold real power to drive change! Now, imagine amplifying your impact even further. This year’s?Baltic Sustainability Forum?is the perfect place to learn, connect, and get inspired to turn your small steps into a movement. Join the leaders shaping our future, and discover how your voice and actions can make a lasting impact. ?? Don’t miss out—together, we can create a more sustainable future! Read more: https://lnkd.in/epmagxB8 #BalticSustainabilityForum
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After Chapter Zero's London Climate Action Week event, Chrysoula Zervoudakis and I discussed the necessity for sustainable thinking and climate change to be consider a fundamental part of fiduciary duty with Nye Gordon and Angela Stathi MBA. ? How can we as NEDs, or in my work advising boards, effectively assess risk, strategic planning, financial projections or challenge the executive team if we don't have an educated grasp on the factors driving the VUCA created by our changing climate? Chapter Zero and Freshfield's new report (link in comments) echoes the exact same sentiment - "in a world of permanently heightened risks, if not crises, boards may struggle to be effective without the ability to understand and interpret important issues, and steer a path through competing interests and pressures. One of the many critical issues they must navigate is climate change." ???? My work with Maven + Co and what we are building with NETā tackles exactly this issue - integrating sustainability into the core of board thinking to ensure businesses are future-proofed and leveraging opportunities for success. Thank you to Vicky Moffatt and team Chapter Zero as well as Freshfields Bruckhaus Deringer and the Centre for Climate Engagement for another dynamic event. And to the speakers Jake Reynolds, Emily Farnworth, Doug Bryden, and Rosalyn Schofield for their expert insights. Photo courtesy of Chapter Zero
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Our planet is in trouble. Even after?mobilizing billions of dollars?to mitigate and respond to the damaging effects of climate change, we may only be addressing the symptoms of a much deeper-rooted issue. We have seen a significant rise in declarations of climate emergency, conferences, coalitions and innovations to address climate change - but we are also seeing?an increasing gap?between what is needed and what is actually being done to safeguard our planet. So what is the underlying cause that we are failing to address? https://lnkd.in/gFA7hru
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?? Climate Action in Business: Where Does Your Organisation Stand? ?? Our recent research in partnership with Oxford Brookes Business School reveals the status of climate target setting among organisations: ?? 29% have committed to achieving targets by 2030 ?? 10% aim for 2050 ?? 7% target 2040 ?? 20% have made commitments but haven’t set a date ?? Unfortunately, 33% have not set any climate targets yet. Is your organisation prioritising climate goals? Setting clear deadlines is crucial for making a tangible impact. Let’s drive change! ?? ?? You can download the report here - https://lnkd.in/gP7k3jVp If you're struggling to kickstart your sustainability projects, join Charly on Wednesday, 2nd October from 12:00 to 12:45 PM BST for an insightful webinar where we’ll explore the 5 most common psychological roadblocks holding back the green transition. Get your tickets here: https://lnkd.in/gDWcnnU7 #ClimateAction #Sustainability #BusinessLeadership #NetZero #NYCclimateweek #climateweekNYC
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The barometer of public opinion on sustainability is in negative territory. The community of scientists, citizens, and business people who believe in drastic and immediate action to stop further climate deterioration is hiding its head in the sand ???. Do not bother with reading the linked article, it’s all well-understood climate science. Just go for the comments ??. It is clear that 50% of the population has been “immunized” against the idea that climate change is man-made and there is anything we can do about it ?? Without a strong popular mandate over the next 5-10 years, no government will be able to push through the measures required to stop breaking the 2 degrees threshold ???. What is astonishing is that no extraordinary weather event ???, scientific opinion ??, common sense ??, or shared experience from local people ??? is sufficient to persuade the hardened views created by certain parts of the press and the industry over the last 15 years ??. It is all about people self-serving (and virtue signaling) and never reporting an objective effect or highly likely prediction ??♂?. How do you overcome this ? ------------------------------------------ I'm Vasilis, the founder of Ethical Product Management. We are 100% focused on building greener products and business models that do not harm people, our institutions and the environment. ?Follow me and repost ?Join our Ethical Product Management Page on Linkedin https://bit.ly/45mjhCb #ESG #Sustainability #CorporateCulture #Leadership #Innovation #OrganizationalChange #IncentiveStructures #CorporateResponsibility #SustainableInnovation #TheGreatTransition #EthicalProductManagement
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THE GREAT HYPOCRISIES ON CLIMATE - The new book by Roger Abravanel, director emeritus at McKinsey & Company, is provocative: https://lnkd.in/gxGga28Y Here is a summary of the book originally published in #Italian: "The planet is at risk. While the climate emergency manifests itself in all its seriousness, the commitment to sustainability has exploded in companies. Recently, however, a growing skepticism is emerging towards the bureaucracy born in the name of the environment and the social, known in companies with the acronym #ESG (Environmental, Social and Governance). The opposition between enthusiasts and skeptics is risky because it gives birth to a new form of climate denialism that admits the problem, but wants to postpone the solutions until they cost less, or believes that only the State should think about it. The opposing mistakes of enthusiasts and skeptics are fueled by some dangerous hypocrisy. The hypocrisy of the neo-negationists, who declare themselves worried but in the end only propose facade initiatives. And the hypocrisy of the new "gurus" of sustainability, who theorize a new "good" capitalism, which turns out to be a mixture of some good rules that good entrepreneurs have always followed, with the claim of putting the company's profit objectives in the background. Instead, a new approach is needed, as proposed in these pages: a "sustainability triangle", which has already made previously unthinkable progress on the climate, and which requires a new mentality of companies to exploit the innovation opportunities offered by the planet, a qualitative leap in the economic policies of the States, and a more pragmatic attitude on the part of activists, today too often victims of ideological extremism. At the base there is the recovery of the original idea of sustainability, which distinguishes the real crises, which if not addressed are destined to explode, from the other thousand social and environmental problems in the world, which companies cannot deal with. An enlightening and provocative essay that also reveals lights and shadows of the Italian economy in facing the climate emergency: if the potential for innovation is numerous, the country's ability to exploit it is still too weak." --- I agree with Abravanel's assessment that many companies, cities, and even nations are delaying radical climate action because they deem it too costly. But as I explain in my own new book The Frugal Economy, it is possible undertake not only the energy transition but a systemic transition (social, economic, ecological, democratic) without breaking the bank: https://lnkd.in/eP5Bk7pv Indeed, it is possible to build a BETTER WORLD with LESS. Read my case study published in Stanford Social Innovation Review on how a French town undertook a systemic transition with less: https://lnkd.in/eNjHwyyV . Leonardo Previ
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https://lnkd.in/eNd2wiVJ "...The hypocrisy of the neo-negationists, who declare themselves worried but in the end only propose facade initiatives. And the hypocrisy of the new "gurus" of sustainability, who theorize a new "good" capitalism, which turns out to be a mixture of some good rules that good entrepreneurs have always followed, with the claim of putting the company's profit objectives in the background. Instead, a new approach is needed, as proposed in these pages: a "sustainability triangle" ..."
Futurist. Author of Frugal Economy (Wiley+Thinkers50, 2024). Keynote Speaker. Award-winning scholar on Jugaad, Frugal Innovation and Wise Leadership. Global Top 50 Management Thinker. TED Speaker (+2M views). Proud ???
THE GREAT HYPOCRISIES ON CLIMATE - The new book by Roger Abravanel, director emeritus at McKinsey & Company, is provocative: https://lnkd.in/gxGga28Y Here is a summary of the book originally published in #Italian: "The planet is at risk. While the climate emergency manifests itself in all its seriousness, the commitment to sustainability has exploded in companies. Recently, however, a growing skepticism is emerging towards the bureaucracy born in the name of the environment and the social, known in companies with the acronym #ESG (Environmental, Social and Governance). The opposition between enthusiasts and skeptics is risky because it gives birth to a new form of climate denialism that admits the problem, but wants to postpone the solutions until they cost less, or believes that only the State should think about it. The opposing mistakes of enthusiasts and skeptics are fueled by some dangerous hypocrisy. The hypocrisy of the neo-negationists, who declare themselves worried but in the end only propose facade initiatives. And the hypocrisy of the new "gurus" of sustainability, who theorize a new "good" capitalism, which turns out to be a mixture of some good rules that good entrepreneurs have always followed, with the claim of putting the company's profit objectives in the background. Instead, a new approach is needed, as proposed in these pages: a "sustainability triangle", which has already made previously unthinkable progress on the climate, and which requires a new mentality of companies to exploit the innovation opportunities offered by the planet, a qualitative leap in the economic policies of the States, and a more pragmatic attitude on the part of activists, today too often victims of ideological extremism. At the base there is the recovery of the original idea of sustainability, which distinguishes the real crises, which if not addressed are destined to explode, from the other thousand social and environmental problems in the world, which companies cannot deal with. An enlightening and provocative essay that also reveals lights and shadows of the Italian economy in facing the climate emergency: if the potential for innovation is numerous, the country's ability to exploit it is still too weak." --- I agree with Abravanel's assessment that many companies, cities, and even nations are delaying radical climate action because they deem it too costly. But as I explain in my own new book The Frugal Economy, it is possible undertake not only the energy transition but a systemic transition (social, economic, ecological, democratic) without breaking the bank: https://lnkd.in/eP5Bk7pv Indeed, it is possible to build a BETTER WORLD with LESS. Read my case study published in Stanford Social Innovation Review on how a French town undertook a systemic transition with less: https://lnkd.in/eNjHwyyV . Leonardo Previ
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If you're a sustainability professional, environmental educator, someone who speaks or writes about sustainability, or simply someone who wants to better understand where we stand in our journey toward ecosystem collapse and how (and if) we can still prevent it, watch this concise and brilliant TED Talk by Johan Rockstr?m https://lnkd.in/df6_SqvW
The Tipping Points of Climate Change — and Where We Stand | Johan Rockstr?m | TED
https://www.youtube.com/
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Sustainability? Deprioritized and on the backburner amid other urgent issues and too expensive? You may think so as the world is shaken by conflicts. In recent conversations I have been repeatedly asked if sustainability has lost its priority on the agenda of companies. My answer: No. Christian Sewing has emphasised at Handelsblatt’s Banking Summit today that the transformation of our economy has become even more urgent. ? This becomes evident when watching Johan Rockstr?m's TED talk. The earth is sending us higher and higher invoices for our actions – and the damage is much greater than we thought: ? ? Loss due to global warming are estimated at 18 percent of global GDP equivalent to 38 trillion USD per year by 2050. ? 5 out of 16 tipping points (namely Greenland ice sheet and West Antarctic ice sheet collapse, tropical coral reef die-off; Northern permafrost abrupt thaw, Labrador Sea current collapse) will pass the threshold at 1.5°C which means the buffering capacity of these ecosystems for the planet will be exhausted. ? ?? For the sceptics: Science, especially the UN's Intergovernmental Panel on Climate Change (IPCC) has corrected their forecasts based on scientific advancements – they have consistently underestimated the effects of global warming. The more scientists know, the clearer we see what danger we are already in. ?? ?What does this mean for politics and business? ? ?While sustainability has been deprioritized because of other disruptive developments in the global political and economic landscape, environmental and social issues have a high potential to be disruptive themselves. ? ?Political actors take decisive action when disruptive events happen – like the Covid pandemic and the Russian attack in Ukraine. If science is right, the climate crisis will soon create similar disruptive events. ? ?Those who are obviously ignoring science in their political and economic action might be held responsible. Nobody can say: we did not know. ? ?? What makes me hopeful? Only because sustainability is not in the headlines and ESG might have a negative connotation in some areas of the world, it does not mean nothing is happening. Over the last couple of years, governments, regulators, industrial companies, and banks have built up this muscle and it is producing results for the necessary change. ? But not fast enough. We – and I mean everyone from companies to governments to every individual – must accelerate. To say it in Johan’s words: “The window is closing. The only currency that counts [in the fight against global warming] is speed and scale.” https://lnkd.in/gpsJUBD6 #Sustainability #TippingPoint #ESG PIK - Potsdam Institute for Climate Impact Research
Johan Rockstr?m: The tipping points of climate change — and where we stand
https://www.ted.com
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In the world of sustainable finance, we've learned that no one can do it alone. Our recently released climate disclosure report showcases how collective action is shaping the future of our industry: ?? Encouraging climate commitments across our value chain ?? How collaboration is leading to breakthrough solutions ?? Insights that could benefit your sustainability journey With New York Climate Week behind us, we're excited to share our findings and continue contributing to the global conversation. Special thanks to Gisela Norman, Impact Manager at Doconomy, for her invaluable efforts in putting together this report ? By sharing our experiences—both successes and challenges—we believe we can accelerate progress across the sector. What challenges have you faced in your sustainability efforts? How can we, as an industry, overcome these obstacles? Read our FY23 climate disclosure report: https://lnkd.in/dGkRhUMD
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Thanks for sharing and I will be attending. I am particularly interested to hear more from Andreas around sustainable finance!