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.
In this episode we speak with Kayla Winarsky McKenzie of the Business for Social Responsbility (BSR). She is a recognised human rights expert and gives us some insights into her career journey and what issues made her specialise in this field.
Kayla gives us an overview of the role of business in human rights due diligence and governance, and reveals the problems at hand, focus areas, guiding standards and steps to take to mitigate human rights violations.
She also shares some materials from the WEF on boards and human rights (that BSR contributed to):
Launch blog: https://www.weforum.org/agenda/2022/05/businesses-must-step-up-for-human-rights-at-this-time-of-global-crisis/
Guidance note: https://www3.weforum.org/docs/WEF_Guidance_Note_2022.pdf
Report: https://www3.weforum.org/docs/WEF_How_Corporate_Boards_Can_Engage_Affected_Stakeholders_to_Secure_Human_Rights_2022.pdf
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.
