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Policy news & blueprints for the transition to a new Sustainable and Social Economy
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EU polluters to land €5bn windfall under 'carbon leakage' proposal

EU polluters to land €5bn windfall under 'carbon leakage' proposal | The Great Transition | Scoop.it
European commission report assumes an unrealistically high carbon price, in move expected to cost governments billions
Willy De Backer's insight:

Polluters pay? Of course not, in the EU the polluters get paid ... and big time. Curious what are children and grandchildren will think about this  when they will suffer from climate chaos.

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How on Earth? | Post Growth Institute

How on Earth? | Post Growth Institute | The Great Transition | Scoop.it
Flourishing in a Not-for-Profit World by 2050 “Combining passion and hard evidence, How on Earth is a fascinating, highly original book. It points to how not-for-profit organizations can play a major role in building a more caring and sustainable economy. […]
Willy De Backer's insight:

Must-read book for anyone interested in the real, planetary limits-based future of business and economics.

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Why sustainability leaders don’t impress Wall Street

Why sustainability leaders don’t impress Wall Street | The Great Transition | Scoop.it
If sustainable business practices create profits and shareholder value, why aren’t mainstream investors paying attention?
Willy De Backer's insight:

What about: because real sustainability is about real limits and Wall Street is about phantasy growth for ever?

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Stephane Bilodeau's curator insight, August 4, 2014 6:49 PM

Some new research by McKinsey & Company has uncovered part of the answer. The short version: Investors don’t have the data they need, or understand how sustainability connects to creating shareholder value. And companies don’t know how to tell a story that’s relevant to Wall Street.

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Reinventing the Chief Marketing Officer: An Interview with Unilever CMO Keith Weed

Why marketing and sustainability must be under one leader.
Willy De Backer's insight:

Unilever increasingly convinces me that their sustainability efforts are genuine and not just smart green-washing.

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Corporate America's sustainability gains 'not enough,' says Ceres

Corporate America's sustainability gains 'not enough,' says Ceres | The Great Transition | Scoop.it
Fresh analysis of 613 of the largest U.S. companies says incremental progress is a good start — but a new report shows it's time to pick up the pace.
Willy De Backer's insight:

Most corporations still see sustainability as a "nice to have", not as a critical necessity for their long-term future. "Incremental progress in tackling global climate change and other sustainability threats is simply not enough". We need Pavan Sukhdev's "Corporation 2020" .

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Sustainable Business Initiatives Will Fail Unless Leaders Change Their Mindset

Sustainable Business Initiatives Will Fail Unless Leaders Change Their Mindset | The Great Transition | Scoop.it
Their biggest mistake is a focus on quantifiable ROI.
Willy De Backer's insight:

"With an isolated mindset, leaders focus mainly on the portion of the business-nature relationship that can be quantitatively analyzed.  Less tangible social and ecological factors are considered as context – something that is nice but not essential to the decision-making calculus because it is not measurable."

 

Very good article from Harvard Business Review blog.

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Report shows companies still don't take climate change seriously

Report shows companies still don't take climate change seriously | The Great Transition | Scoop.it
CDP analysis reveal lack of action on emissions by top FTSE Global 500 corporations, writes Jo Confino
Willy De Backer's insight:

Great but bleak article by Jo Confino in the Guardian.

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How a Design-led Approach Can Influence Sustainability Efforts

How a Design-led Approach Can Influence Sustainability Efforts | The Great Transition | Scoop.it
In recent times, the issue of sustainable consumption has gained renewed attention and relevance.
Willy De Backer's insight:

interesting article on the use of redesigning consumption products to advance sustainability - does not address the issue of sufficiency though..;

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Why disruptive sustainability is the new leadership framework

Why disruptive sustainability is the new leadership framework | The Great Transition | Scoop.it

"Porter goes so far as to say that the benefits of the capitalist system are not being seen by greater society. It’s not that profit is inconsistent with society’s needs, but rather it is seen as coming at the expense of society rather than to its benefit. If the 20th century model for capitalism was “What’s good for business is good for society,” Porter sees the 21st-century model as the converse: “What’s good for society is good for business.”

Willy De Backer's insight:

Interesting article in GreenBiz on going beyond the usual sustainable business framework.

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Delphine Desgroux Evesque's curator insight, April 2, 2013 3:28 AM

Very interesting article on Porter's vision of new business model "what's good for society is good for business".

Michael Porter of Harvard Business School is the father of competitive strategy, sought by the biggest corporations and institutions for his insights into global competition !!

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A new way forward in collective leadership?

A new way forward in collective leadership? | The Great Transition | Scoop.it
We have built a world in which competition rules but it's time to pay more attention to the art of collective leadership, says Petra Kuenkel...

 

Good article in the Guardian Sustainable Business blog on the need for a new governance culture in business as well as society as a whole.

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Corporate sustainability: Unilever CEO Polman on ending the “three month rat-race”

Corporate sustainability: Unilever CEO Polman on ending the “three month rat-race” | The Great Transition | Scoop.it
Unilever's CEO talks to Reuters about moving away from a focus on short-term corporate results.

 

Unilever is one of the few multinationals seriously committed to the transition towards a sustainable one-planet economy.

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Eli Levine's curator insight, March 11, 2014 2:36 PM

It's funny how by focusing on what you should be focusing on, that you tend to be able to succeed. 

 

We still need to focus on reducing the attention towards profits and financial gain and shifting it to well being, health, survival and well being (at least, from a governing perspective).  However, this is a positive development in the business community and it should be fostered by investors and financiers.

 

The human world is going to have to take a much more mature and holistic view of itself, if it is going to be able to survive, let alone, be able to truly thrive.  That's just the way it's going to be.  And, I can't believe that there are so many conservatives and ideologues out there who will kill themselves off for the sake of not changing or the sake of their unworkable ideas and principles.

 

Think about it.

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Is employee ownership the answer to our economic woes?

Is employee ownership the answer to our economic woes? | The Great Transition | Scoop.it
Pushkar Jha looks at the potential for employee ownership to transform corporate culture and shore up the UK's recovery...

 

Good article from The Guardian's Sustainable Business blog.

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Creating 'Shared Value': Delivering On Social Values

Creating 'Shared Value': Delivering On Social Values | The Great Transition | Scoop.it

"Business leaders, said Porter, should focus on creating win-win outcomes that strengthen society as well as satisfy the profit motive. They can do so by reaching out to serve broader constituencies and by being attentive to long-term social impact."

 

The World Bank blog tackles Michael Porter's "Shared Value" concept but avoids the tough question: what if "shared value" approaches bite into corporate profits? If interests of shareholders clash with interests of society, which side wins in a world rules by the financial markets?

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Shell's Jekyll and Hyde Approach to Climate Change

Shell's Jekyll and Hyde Approach to Climate Change | The Great Transition | Scoop.it
After signing the "Trillion Tonne Communique," a bold call to curb heat-trapping gases, oil giant Royal Dutch Shell is backing groups that fight such measures
Willy De Backer's insight:

Business Week article on the ambiguity of the fossil fuel industry.

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Sustainability’s strategic worth: McKinsey Global Survey results

Sustainability’s strategic worth: McKinsey Global Survey results | The Great Transition | Scoop.it
Executives at all levels see an important business role for sustainability. But when it comes to mastering the reputation, execution, and accountability of their sustainability programs, many companies have far to go. A McKinsey & Company article.
Willy De Backer's insight:

Interesting new McKinsey study misses the most important dimension: the acceptance of planetary and social limits to growth and how to adapt business to this sustainability imperative.

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GE Is Avoiding Hard Choices About Ecomagination

"Every company and country is going to face some really hard choices very soon, and we’ll need to ask a core question: Will we turn to the future and put all we’ve got into building the clean economy? Or will we try to have it both ways?"

Willy De Backer's insight:

Great article by Andrew Winston on GE's ecomagination campaign supporting 'better' technological solutions for fracking or Canadian oil sands production. What ecomagination lacks is the commitment to imagine getting rid of fossil fuels altogether by changing our way of life.  

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Pfizer's bid for AstraZeneca shows that big pharma is as rotten as the banks

Pfizer's bid for AstraZeneca shows that big pharma is as rotten as the banks | The Great Transition | Scoop.it
Mariana Mazzucato: Global pharmaceutical companies are dodging the risks by loading R&D costs on to taxpayers
Willy De Backer's insight:

Great article in The Guardian by Mariana Mazzucato.

"... just like the banks, big pharma socialises the risk, but privatises rewards. The few drugs that are coming out would not have emerged without taxpayer-funded research. Yet the taxpayer then pays twice: first for the research then for the high prices, justified by the supposedly high risk that big pharma is taking on. This is almost surreal: what risk? And what about taxpayer risk?"

This is Corporation 1920. What we need is Corporation 2020 (see the work of Pavan Sukhdev: http://www.corporation2020.org/

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Mindsets and Money: Breaking the Grip of Distorted Economics

Mindsets and Money: Breaking the Grip of Distorted Economics | The Great Transition | Scoop.it

"Some businesses are beginning to expand their focus beyond the surprisingly recent, single-minded obsession with maximizing shareholder value. Yet we haven’t solved the core problem, because the game is fundamentally defined by its rules. And markets, for all their agility and elegance, are massively distorted in several critical ways:..."

Willy De Backer's insight:

Excellent ideas from Gil Friend on the radical business reforms needed to make our economies sustainable.

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Eli Levine's curator insight, March 11, 2014 9:24 AM

I've been saying this for a few years now.

 

Money HAS to be put in its place, relative to the biological, social and environmental needs of humanity, in both the short and the long term.  Otherwise, we're going to kill ourselves for what amounts to pieces of cloth rag or digital signatures that we don't honestly need and shouldn't really want, if produced by those methods which kill our society, our environment and, ultimately, ourselves through killing our society and environment.

 

This would all start in the private financial sector which makes the investments and the decisoins as to what gets funded and what doesn't.  Who cares if the return is less, especially if you're still able to make a return?  Why should society and the will of society as expressed through the law tolerate or accept the pathological behavior of a few individuals who have mistaken money for something that they need over their physical, social and environmental needs?

 

Think about it.

 

Because it is a pathological mindset/brain type that's at work here.  It shows in the person's behavior, actions, perspectives and attitudes about all things that relate to them.  They need help, more than anything.  And, I don't think they should have a choice about whether they receive help or not, considering how dangerous their actions are for themselves and the rest of us.

 

Think about it.

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CEO survey is gloomy reading for the corporate sustainability movement

CEO survey is gloomy reading for the corporate sustainability movement | The Great Transition | Scoop.it
The world's largest CEO sustainability study shows most companies are not integrating social, environmental and governance issues into their core strategies
Willy De Backer's insight:

Very good article once more from Guardian's Jo Cofino on the lack of real sustainability transformation of large companies. Even if CEOs understand the challenges, they cannot make the business case in these times of austerity and economic crisis.

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Willy De Backer's curator insight, September 21, 2013 3:37 AM

Very good article once more from Guardian's Jo Cofino on the lack of real sustainability transformation of large companies. Even if CEOs understand the challenges, they cannot make the business case in these times of austerity and economic crisis.

Stephane Bilodeau's curator insight, September 21, 2013 7:47 AM

The study, of more than 1,000 top executives from 27 industries across 103 countries, comes hard on the heels of depressing results from two other recent surveys, one from the UNGC and the other from the global NGO CDP, which also provide concrete evidence of the lack of corporate progress.

 
Eli Levine's curator insight, March 11, 2014 1:34 PM

The failure to adapt and shift according to one's more generalized and larger self interest will be what kills the species.  More specifically, it'll be what kills their particular brain type amongst the species, assuming that the rest of us don't go down with it.

 

Silly brains.

 

Think about it.

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China’s Corporate Crackdown

China’s Corporate Crackdown | The Great Transition | Scoop.it
In recent months, the Chinese government has leveled a series of allegations of corporate misconduct – ranging from food-product contamination to price rigging and bribery – against multinational firms.
Willy De Backer's insight:

Simon Zadek's interesting article in Project Syndicate points to new developments in China's state capitalism.

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Transforming the corporate sector - fear of the future holding leaders back

Transforming the corporate sector - fear of the future holding leaders back | The Great Transition | Scoop.it
Businesses will stick to the status quo whatever the disastrous consequences unless we build a credible sustainability vision
Willy De Backer's insight:

Excellent article by Jo Cofino of the Guardian underlining the need for the sustainability movement to stop analysing and start doing.

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Willy De Backer's curator insight, April 13, 2013 5:08 AM

"To create the pathway for fundamental change, it is therefore vital that we mainstream a credible vision of a prosperous future within planetary boundaries, but the sustainability movement has so far failed to do this." - so correct!

Antoine Moore's comment, April 16, 2013 8:47 AM
To me the most salient statement of this article was this: Standing back from the whole sustainability debate, the sense I have is that before we can come up with a credible future vision, we must firstly let go of our egoic need to be in control and be right. The paradox is that only by embracing uncertainty, will the way forward start to manifest." Business leaders have to become more comfortable with uncertainty and not knowing upfront the way forward which presumably might also suggest the possibility of not acting but rather sensing into the storyline unfolding in the field of one's experience.
Eli Levine's curator insight, March 11, 2014 2:25 PM

Even if a new and functional vision of the world were to come up, would they listen?

 

Would they see?

 

We're a species that is perfectly capable of adaptation and self-produced evolution.

 

How is it that these folks aren't changing themselves for the sake of their own long term (and short term, btw) beneft?

 

Where is the failure to connect?

 

And, more importantly, how do we actually change them, before it's too late for all of us?

 

Think about it.

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2013: a year to fight for scale in advancing sustainability

2013: a year to fight for scale in advancing sustainability | The Great Transition | Scoop.it
Scale is the 'unreasonable challenge' we must meet to drive forward sustainability. Simon Zadek explains how to achieve this
Willy De Backer's insight:

Sustainability "gurus"Simon Zadek and John Elkington highlighting the need for "breakthrough" capitalism and scaling up of sustainability at the end of a year which saw the freakiest weather ever, the expected failure or Rio and Doha,  political elites' obsession with the financial debt crises and new class wars in Southern Europe.

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Stephane Bilodeau's curator insight, December 31, 2012 8:44 AM

Scale is the zeitgeist in the world of sustainability. And although it's not in Merriam-Webster's top 10, it gets my vote for the most used word of the year. And there is a lot of it about. Our planet entertains more than 7 billion people, we are awash with digital data, our use of energy use has increased from 35 exajoules in 1900 to 550 exajoules in 2010, life expectancy at birth has increased by 21 years since 1950 and almost a billion people watched the opening of the London Olympics.

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PwC: Supply Chains Threatened by Six-Degree Global Warming

PwC: Supply Chains Threatened by Six-Degree Global Warming | The Great Transition | Scoop.it
Some 85 percent of companies have more complex supply chains as a result of globalization, and adjusted climate forecasts mean businesses should expect climate change to have an even more destructive effect than previously assumed on supply ...

 

Two new remarkable reports by PricewaterhouseCoopers paint a scary 6-degrees climate future and economic turmoil for global business. High time one of the big consultancies goes beyond the usual "let's keep it positive" approach and starts talking reality.

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Workers Need Sustainability, Too

Workers Need Sustainability, Too | The Great Transition | Scoop.it
Even companies with broad and aggressive environmental commitments are neglecting a core component of sustainability: worker health and safety. Heather Lang reports.

 

"Growing public concern over environmental issues does not yet fully extend to social issues, particularly worker treatment. Likewise, while many companies compete over environmental leadership, social issues are often critically overlooked."

 

Very good analysis of one of the often forgotten dimensions of sustainability.

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Businesses seeking success should look to nature for inspiration

Businesses seeking success should look to nature for inspiration | The Great Transition | Scoop.it

"Today's rapidly changing business environment calls for businesses that thrive in such environments: businesses more akin to living systems. These firms of the future learn and adapt; they aren't structured and siloed, which stifles learning and agility. They are bottom-up, decentralised, interdependent, multifunctional, self-organising units – unlike the centralised, top-down, hierarchically-managed monoliths of the 20th century. Organisations need to transform into units that are inter-connected, value-led and inspired by nature."

 

Good article at the Guardian's Sustainable Business blog making the case for a change of thinking in business models: away from competitiveness and proft-maximising and focussing on cooperation, networking and resilience.

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