Many thanks πππ₯ Lindsay Hooper & Paul Gilding at Cambridge Institute for Sustainability Leadership (CISL) for the insightful π₯π₯ " #Survival of the #Fittest: From #ESG to #Competitive #Sustainability"π₯π₯. Key highlights π₯ππ:
β β¨π― #ESG has not driven sufficient change:
β‘οΈβ¨Despite #netzero pledges, many oil majors, such as ExxonMobil, continue to expand #fossilfuel production, highlighting that #ESG alone isn't enough to transform industries or tackle environmental crises at scale.
πβ¨π― #Economic transition is inevitable:
β‘οΈβ¨ hashtag#Environmental limits are forcing #economic shifts. Success stories like the #European Union's renewable energy targets, the #US Inflation Reduction Act, and #China's green incentives are promising, but they are not yet enough to drive the rapid systemic change required.
πβ¨π― #Businesses need a mindset shift:
β‘οΈβ¨ Sustainability is no longer just an add-on β it's essential for long-term viability.
β‘οΈβ¨The #German automotive sector's reluctance to fully embrace #electric vehicles highlights that protecting incumbent #technologies risks losing ground to #competitors.
πβ¨π― Advocating for strong government policies is essential:
β‘οΈβ¨In the case of #plastic packaging, leading #companies are now pushing for deposit return schemes and incentives for recycling, rather than focusing on increasing #recyclable content, to drive real #systemic change.
πβ¨π― From "#ESG" to "#competitive #sustainability":
β‘οΈβ¨ #Sweden's fossil-free steel initiative, led by companies like SSAB & Volvo Group shows how aligning business strategy with sustainability goals can accelerate progress & create a competitive advantage.
πβ¨π― Focus on shifting entire #markets and #sectors:
Success of #renewable #energy policies across #EU shows how consistent #government support can create thriving markets for climate-neutral & sustainable products.
πβ¨π― #Businesses must shape #public #discourse:
β‘οΈβ¨ It's critical for businesses to make the case that bold, swift action on #sustainability will benefit #economies, #jobs, #security, and #publichealth.
β‘οΈβ¨ Transition will require business #leadership and #advocacy for policies that support this transformation.
π₯ Report attached here and summary link below π₯
Arun Kelshiker CFA, CAIA on LinkedIn: ESG to Competitive Sustainability
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| Arun Kelshiker CFA, CAIA on LinkedIn: ESG to Competitive Sustainability |
| Many thanks πππ₯ Lindsay Hooper & Paul Gilding at Cambridge Institute for Sustainability Leadership (CISL) for the insightful π₯π₯ " #Survival of the... |
| View this on Linkedin > |
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Arun Kelshiker
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