IMD-OWPLIVE22-PostEvent-Report

→Sustainability

ACTION POINTS

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There is no one-size-fits-all solution for companies. As a business leader, use a materiality assessment to understand which topics your company needs to address. Businesses are increasingly asked to take a stance on touchstone social issues such as LGBT rights or Russia’s invasion of Ukraine. You should have processes in place to determine when and how to speak out. Don’t waste your energy trying to solve every problem out there: instead, focus on an issue you deeply care about, one that you have the power to influence.

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RECOMMENDED READING

Currently, many companies rely heavily on carbon offsetting schemes. Yet this is not enough. Real transformation is required if we want to change the destructive trajectory of our economies. There is still a slim window of opportunity to seize sustainability as an opportunity. It’s time to decide: will you lead, or will you follow?

SKYROCKETING ENERGY COSTS MAKE DECARBONIZATION A BUSINESS IMPERATIVE By Julia Binder (I by IMD, 6 May, 2022) ADOPT AN ENTREPRENEURIAL MINDSET TO TAKE RESPONSIBILITY AND CAPTURE THE OPPORTUNITIES PRESENTED BY THE CLIMATE EMERGENCY By Julia Binder, Knut Haanaes, Anette Mikes, Natalia Olynec, Peter Tufano (I by IMD, 26 October, 2021)

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