News Formal

Competitive Sustainability: Redefining Business Incentives For a Thriving Planet

  • 📰 ftenergy
  • ⏱ Reading Time:
  • 18 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Business & Sustainability News

ESG,Sustainability,Climate Change

The current ESG framework, while well-intentioned, falls short of delivering the necessary systemic change for sustainability. This article argues for a radical shift towards 'competitive sustainability,' where businesses actively leverage market forces to drive environmental and social progress.

The writer is interim CEO of the University of Cambridge Institute for Sustainability Leadership. Paul Gilding, CISL fellow, also contributed The business case for sustainability is clear: companies cannot thrive on a planet suffering from cascading crises and unmanageable risks. Yet, despite decades of corporate commitments, businesses continue to damage the planet, carbon emissions to rise and fossil fuel companies to chase growth.

We need proactive business support for a redesign of markets. Businesses need to recognise that the imperative for action on environmental issues is one not of morality or consumer sentiment but the laws of nature. Climate change and biodiversity loss are not abstract threats but real and measurable factors that will undermine business as usual.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exciting opportunity unveiled for business owners to join the Work in Shrewsbury Evolving Business CohortEntrepreneurs and business owners are being given the chance to be part of a groundbreaking ‘cohort’ of people who will receive training and mentorship to grow and evolve their business.
Source: shropshirelive - 🏆 55. / 63 Read more »

Brexit: NI business concern over next trade phaseBusiness-to-business parcels will require customs processes for the first time under the changes.
Source: BBCNewsNI - 🏆 95. / 52 Read more »