In this episode of Leadership Conversations by TSB, Professor Alex Edmans discusses the concept of 'rational sustainability' - an evidence-based approach to sustainability that focuses on long-term value creation rather than politics or ideology.
He explains how boards should evaluate sustainability issues rationally, focusing on outcomes over labels, questioning assumptions, and recognising diminishing returns and trade-offs. Alex provides examples of how sustainability initiatives driven by a desire to serve society can also lead to long-term profits. He argues that rational sustainability allows companies to make decisions that serve both business and society.
Frederik Otto, Executive Director of The Sustainability Board is hosting.
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In this episode of Leadership Conversations by TSB, Professor Alex Edmans discusses the concept of 'rational sustainability' - an evidence-based approach to sustainability that focuses on long-term value creation rather than politics or ideology.
He explains how boards should evaluate sustainability issues rationally, focusing on outcomes over labels, questioning assumptions, and recognising diminishing returns and trade-offs. Alex provides examples of how sustainability initiatives driven by a desire to serve society can also lead to long-term profits. He argues that rational sustainability allows companies to make decisions that serve both business and society.
Frederik Otto, Executive Director of The Sustainability Board is hosting.
Alison Taylor on Debunking Myths in Sustainable Business
Leadership Conversations by TSB
28 minutes 47 seconds
1 year ago
Alison Taylor on Debunking Myths in Sustainable Business
In this episode of Leadership Conversations by TSB, we speak with Alison Taylor, Clinical Associate Professor at NYU Stern School of Business and Executive Director at Ethical Systems.
She discusses the current state of sustainable business, particularly in the U.S., exploring the polarised perspectives and the impact of political and social dynamics on corporate ethics.
Alison challenges common myths and misconceptions about business sustainability and ethics. She emphasises the need for a strategic, limited, and authentic approach to sustainability, criticising both overly ambitious corporate promises and the unrealistic expectations placed on businesses.
The episode offers a critical look at the narratives surrounding sustainable business practices. Alison also gives a sneak peek into her upcoming book, "Higher Ground: How Business Can Do the Right Thing in a Turbulent World," which aims to provide practical advice for corporate leaders grappling with ethical challenges in the 21st century.
Leadership Conversations by TSB
In this episode of Leadership Conversations by TSB, Professor Alex Edmans discusses the concept of 'rational sustainability' - an evidence-based approach to sustainability that focuses on long-term value creation rather than politics or ideology.
He explains how boards should evaluate sustainability issues rationally, focusing on outcomes over labels, questioning assumptions, and recognising diminishing returns and trade-offs. Alex provides examples of how sustainability initiatives driven by a desire to serve society can also lead to long-term profits. He argues that rational sustainability allows companies to make decisions that serve both business and society.
Frederik Otto, Executive Director of The Sustainability Board is hosting.
