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Let me start by stating the obvious: The current trajectory of our society’s consumption of natural resources is not sustainable. I know it, you know it, NGOs know it, and policy makers and business leaders increasingly know it.
Yet as the world prepares for the Rio+20 Conference on Sustainable Development in June, two questions loom large:
1. Why haven’t we made substantive progress towards sustainable development over the last 20 years?
2. What do we need to do differently over the next 20 years to transition to a sustainable economy?
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“Fair” is in the current ether.
There is the Occupy Movement, raising questions about the fundamental fiduciary responsibility of corporations and government, whether they are acting (or capable of acting) in the best interests of the public, and how to hold them accountable in any event.
There is the ongoing Arab Spring, where another form of citizen power (itself a key inspiration for Occupy)…
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This is the first in a series of posts about and from COP 17. Others in the series can be found here: two, three, four, five, six, and seven.
Durban will briefly be in the climate spotlight just months before the 20th anniversary of the Rio Earth Summit. Few of us at Rio in 1992 would have believed that so little progress would be made in the intervening years. At the time, I had four children of school age. Frankly, the UN process has served neither them, nor my four grandchildren, well since. Climate procrastination has put future generations (with over two billion ‘climate innocents’ to be born by 2050) at severe risk of increasingly dangerous climate disruptions. We have seen how national and international governments and institutions responded to the 2008 financial crisis in just two crucial days, but also how, in two crucial decades, they have achieved very little on the much deeper climate crisis. Nature neither defers decisions nor haggles; nor, as widely observed after the financial crisis, does nature do bailouts.
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Last week we heard Clive Bloom – Emeritus Professor of English and American Studies at Middlesex University and author of Violent London: 2000 Years of Riots, Rebels and Revolts – _commenting on BBC Radio 4 about the systemic issues that underpinned the devastating riots in London this month. With many now searching for an explanation of the sudden and surprising violence that spread across London and other parts of the UK, Bloom argues that sociological factors – chiefly endemic poverty and the alienation of consumer culture – are the real culprits, and further, that failing to address the fundamental issues and resentments of the communities that spawned the riots will only guarantee their repetition. The point is essential as we face the likelihood of wider and more frequent social disruption in response to economic, social and environmental stresses in the decades ahead.
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Sustainability challenges are enormous. Ratings can help drive attention and capital (financial, human, consumer) to those companies best positioned to address these challenges. Rate the Raters is a project that aims to make sense of the expanding universe of corporate sustainability ratings and rankings and to improve the quality and transparency of such ratings.
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In 2009, author Daniel Goleman wrote a book called Ecological Intelligence: How Knowing the Hidden Impacts of What We Buy Can Change Everything. In it, he argued that we were facing an age of radical transparency – the underlying concept being that decision making will soon be public, and has to be transparent from the beginning of the process.
Yet, we are in an era where there are many companies, private or otherwise, that pride themselves on being secretive. Private, family-run companies like Ferrero, ALDI, and Forever 21, and publicly traded companies like Apple, thrive on secrecy. Yet there other companies that, by virtue of their private ownership, could be more secretive but choose not to be…
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They embraced the challenge to go to the moon even though it would be hard. Now let us embrace the climate challenge.
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The surprise of yet another article arguing that companies can't serve both shareholders and society effectively.
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It's remarkable how often we hear business leaders voicing ideological opposition to regulation...
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John Elkington's closing thoughts from the World Economic Forum in Dalian, China.
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Opening remarks from John Elkington ahead of the inaugural annual meeting of the the "New Champions"