The Visionary CEO’s Guide to Sustainability
Author and Copyrights with Bain & Company
The December edition of the Hub is highlighting a report from Bain & Company which emphasis on the approach of a visionary CEO for sustainability.
Views of thousands of executives conclusively indicates that they know they have a role to play and that the public expects them to lead. However they have some points to make such as they are presented with too many simplistic answers to what they know is an incredibly difficult balancing act. The second thing worrying executives is the growing gap between their public commitments and delivery on them. Most large corporations that have committed to reducing greenhouse gas emissions are falling behind. Some 75% of business leaders surveyed by Bain believe they have not effectively embedded sustainability into their business. Bain research has also found that fewer than 40% of major companies across sectors are tracking to their sustainability goals, including those related to water use, waste reduction, and preservation of biodiversity.
Three questions every CEO needs to ask About Sustainability: purpose, externalities, and shortages.
- What good do we bring to the world, and what is our purpose as a company?
- What cost will humanity has to pay for us to grow?
- What will get in our way, and what will we run short of?
The report also focus on the following-
Levers of Change: Technology, Behavior, Policy
The recent IPCC 2023 Synthesis Report makes clear that it will take a combination of technology, policy, and behavior change to face our sustainability challenges.
- Selling Sustainability Means Decoding Consumers
- Does a Purpose Help Brands Grow?
- Lower Costs, Faster Adoption: Closing the Sustainable Innovation Gap
- The Future Is Circular: How Companies Can Prepare to Grow
- Leading with Vision: Harnessing the Climate Policy Response
Sector Perspectives
Cultivating resilience should be top of mind for CEOs, executive teams, and boards as they lead through one of the most volatile and uncertain periods the world has seen for some time.
- Building Resilience in Your Business Strategy: Four Imperatives for Leaders
- The Energy Transition’s Other Big Puzzle: Making the Math Work
- Can Food and Agriculture Companies Raise Their Game?
- Fires, Floods, and Loans: How Banks Can Deal with Increasing Climate Risks
Making It Happen
To tackle new problems and opportunities, companies will need to not only help employees develop new skills but also focus on learning and collaboration.
- Building a Data-Based Stakeholder Strategy
- Operations and Supply Chain Decarbonization: Lower Emissions, Higher Performance
- Making Business Do Better for Everyone
- Organizing for Sustainability
- A Talent Strategy for Sustainability: Skills Matter, but Mindset Is Everything
Click here to access the full report- 
(IICA duly acknowledge the authorship / ownership of the Report and re-publishing the same only for educational purpose.)
