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If you want business and sustainability to go hand in hand, incorporating green or social dimensions into your design, production or other supply chain efforts is not enough. Ultimately, you also need a business return in terms of sales. Here’s some advice on how you can make that happen. In many companies, the corporate social […]
How can businesses be a force for good in a time of crisis? What can companies concretely do to innovate, contribute and be of service during and in preparation for the times after COVID-19? This is what we’ve set out to explore with our Corporate Corona Actions series, where we’ve compiled a list of 50 […]
As the COVID-19 pandemic continues to challenge our economy, health and daily (work) lives, we’re reminded that our work towards an inclusive, equitable, and regenerative economic system for all has never been more important. But what exactly can companies do to build back better in preparation for the time during and after the COVID-19 crisis? […]
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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.