Society & Planet
Companies and investments will need to both deliver competitive financial returns and help society confront its biggest challenges—and in doing so enable sustainable business. To balance these imperatives, leaders should focus on sustainable business model innovation, leading under social polarization, climate & sustainability, future of mobility, future of cities, and innovation without borders.
Learn more about how companies can reconcile sustainability and sustainable competitive advantage.
To get beyond the starting line, CEOs need to approach the challenges of sustainability from a strategic and value-creation perspective in terms of both the questions they ask and the answers they seek.
Companies that empower consumers and create a societal surplus can reward shareholders, build sustainability markets, and protect the planet. It’s a win-win-win.
Corporate-led sustainability alliances can be a secret weapon in the drive to create system-level change. We discovered ten factors that separate high-impact CSAs from the rest.
As more and more companies commit to adopting climate-conscious practices, the available supply of suitable resources and infrastructure is shrinking.
Sustainability commitments have skyrocketed in recent years, but there’s a growing problem. In certain sectors, the demand for sustainability-related resources will soon outstrip the supply.
How can companies reconcile the two S-words of business: sustainability and sustainable competitive advantage?
An increasingly polarized society presents new challenges for organizations and leaders to navigate—with significant implications.
In the increasingly politicized environment, leaders face the choice of leaning into politics or having the courage of restraint by limiting engagement. We argue they should choose restraint, for the sake of business and society.
The assumption that business and politics can and even should be kept separate is no longer realistic.
In her latest book, Novogratz explains that continued technological advancement and market solutions alone won’t solve the defining problems of our time, like inequality and climate change. She calls for a moral revolution to reimagine and reform technology, politics, and business.
Debates around social and political issues are increasingly unavoidable, especially as social media platforms allow people to make their views public. This has increased both the pressure on business leaders to weigh in, as well as the opportunity for them to do so.
In her new book, Rebecca Henderson, professor at Harvard Business School, argues why and how we need to reimagine capitalism if we want to solve today’s big issues.
We can define corporate statesmanship as the action of a company, and in particular of its CEO, to intervene in public affairs to foster collective action in support of the common good beyond the scope of his or her enlightened self-interest.
How can organizations become a positive force to battle some of the world’s most pressing issues—including the climate crisis?
Renewable ammonia has long-term potential, but the industry can’t wait. Ammonia producers and customers can take steps to become more sustainable, starting today.
Here are the steps companies must take to protect against risks related to biodiversity loss today—and what they can do to benefit from new strategic opportunities arising amidst these challenges tomorrow.
Every business must identify and respond to potential shortfalls embedded in its value chains.
As governments decarbonize their economies through renewable energy generation, volatility in electricity prices will surge. Players can use multiple levers to mitigate it—but they must act carefully to avoid damaging industrial competitiveness and increasing costs.
Net-zero is rapidly becoming the gold standard for corporate action on climate change. But can it get us to net zero emissions for the planet? In a new article, we articulate 15 limitations of net-zero commitments and review how we can build on current momentum while evolving more powerful approaches.
This book outlines a framework to help leaders build "net positive companies" that profit by contributing more to the world than they use or take.
Climate change is a collective action and innovation problem, which needs to be attacked at the level of systems of companies. Digital ecosystems can help make this a reality by coordinating complex collective behavior.
Mass transit and private cars have long-served different needs in the urban mobility landscape. But neither is working effectively in many cities.
A resident-centric city can find innovative solutions to perennial problems and improve quality of life for the people who live there.
How can cities discourage the use of SOVs while expanding access for all residents? Start with the BCG Accessibility Index, which helps guide strategy by mapping mobility patterns across and within cities.
When choosing a way to travel from one location to another, people don’t always opt for the logical solution. In a new piece Joel Hazan, Benjamin Fassenot, Ammar A. Malik, PhD, and Joanna Moody, Ph.D. argue that public authorities and new #mobility providers need to understand how behavioral factors affect mobility decisions in order to nudge commuters toward greener and more sustainable mobility options.
Solving the current mobility paradox goes far beyond transportation system performance, and efficient mobility systems are key for the social and economic development of cities and its residents.
These innovative services can benefit passengers and cities by improving access while reducing pollution and congestion.
MaaS is more than just the next potential digital bonanza for B2C players. For cities, it’s a ticket to the economic, environmental, and societal benefits of improved access.
How can leaders build communities that both optimize the well-being of residents and make positive contributions to the planet?
The time to act is now: We predict that the pillars of the global economy will coalesce around nations and cities that deliberately guide policy toward attracting and retaining top talent.
The metaverse isn’t the end of cities. It should be seen as a complement to the physical world, and companies should develop their location strategies to maximize the potential of both the megacities and the new opportunities presented by the metaverse.
Ecosystems are popular in business because they foster innovation, address complexity, scale quickly, and adapt to changing environments. They can do the same for cities.
Cities that forge trust with their residents are on the right track to a sustainable future. What does it take?
A resident-centric city can find innovative solutions to perennial problems and improve quality of life for the people who live there.
In today’s global business environment, organizations can make migration a source of innovation and growth.
Johann Harnoss discusses the advantage of global talent and how build organizational systems that welcome immigrants to your staff.
The geography of global talent pools is shifting – the global population is growing and becoming more educated. Many countries that rely on migrant talent today lack crucial connections to those countries that will become future talent hubs.
BCG’s Global Talent Migration Index can help countries tap the full economic potential of both immigration and emigration—and track their performance over time.
As migration accelerates and work is decoupled from place, cities must recruit for the economy they want, not the economy they have.
Many companies aspire to global diversity, but only a few achieve it. Here’s how leading organizations overcome cultural obstacles to build globally diverse teams.
There is now a window of opportunity to build bridges for skilled global talent that would ignite innovative growth. It’s not politicians but business leaders who hold the keys to make this happen.
We suggest five tactics for leaders to build globally diverse teams that drive innovation.
People who cross borders create vast global networks that generate enormous opportunities, in terms of both economic value and human values. It’s time to explore this immense potential.
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