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What can companies do to show extraordinary responsibility in this extraordinary situation? Here are 8 tips for responsible supply chain actions during COVID-19 for those with the funds and means. The implications of the current corona crisis are overwhelming. Many companies are struggling to survive, millions of workers in global value chains stand to lose their jobs, and […]
The current COVID-19 crisis is not only calling for responsible business actions now. It is also accelerating the transition of business to be a sustainable force for good for the time ahead of us. For many, the crisis is about survival in the short term – financially and healthwise. But it’s also an opportunity to […]
Financial crises, ethical banking scandals, and corporate cases of greed are some of the dark sides of the financial sector. But what is even worse: too much capital continues to finance unsustainable development. In other words, the current global financial system is not fit for purpose, and too little capital flows to meet the financing […]
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Economic systems
Financial crises, ethical banking scandals, and corporate cases of greed are some of the dark sides of the financial sector. But what is even worse: too much capital continues to finance unsustainable development. In other words, the current global financial system is not fit for purpose, and too little capital flows to meet the financing […]
Sustainability can mean many things. Most of the time it means environmental sustainability, other times you are talking about social sustainability, and lastly you have economic sustainability. The important thing to remember is that the three are interconnected and depend on one another. This is a realization that is slowly dawning on many companies. As […]
The immoral aspects of greed, selfishness and short-term profit thinking are just some of the causes that have been proposed as the root core of current recent financial crisis. Many of the growth challenges that are being discussed right now are not new. We can go 20, 30, 40 years back in time to find warnings and revelations of the flaws in our current systems’ design. The big question is: will we be able to move beyond the already familiar boom-and-bust cycle?
With today’s resource scarcity and skyrocketing social imbalances, how we determine and measure growth is becoming a critical issue. In The New Pioneers I focus on three sustainable growth principles. One of them is the principle of immaterial growth, reflected in concepts like the Triple Bottom Line and Gross National Happiness.
There is an increasing gap between what mainstream business models and economic systems promote and nurture and what we value and need as human beings. Most companies still measure growth in terms of turnover, a country’s wealth is still measured.