Society & Planet » Climate & Sustainability
How can organizations become a positive force to battle some of the world’s most pressing issues—including the climate crisis?
“To walk the talk on sustainability, companies need to listen to their external stakeholders. They should create a committee of ‘critical friends’, who will challenge them and advise them to develop business solutions that create meaningful environmental and societal benefits.”
Participating in data ecosystems can be a critical part of a company’s comprehensive total societal impact strategy and a foundation for sustainable business model innovation.
“My advice to CEOs embarking in this new era of sustainability would be to demonstrate their contribution as a business to society. It is the only way to win, to thrive and be chosen by consumers, employees, investors, and partners. So act, dare and show that you care.”
SBM-Is that effectively join sustainability and strategy deliver value by changing the business model to create new environmental and societal surplus linked to the business drivers of advantage and value creation.
To overcome climate inaction, we must understand the rationale for individuals’ behaviors, identify the groups that could change those behaviors, and work with those groups to transform vicious cycles into virtuous ones.
To avoid immense health or human costs, we will need to go beyond the essential first steps of mitigating the outbreak and develop new strategies that can allow us to resume some economic activity.
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