2020: a different kind of “super year”

Focusing business’ leadership and action as a catalyst for positive and lasting change

Published: 28 Apr 2020
Type: News

2020 - the "super year" for sustainability - had a promising start好用的飞艇计划软件手机版 with an impressive number of impactful global events and action plans in the works. In January, the World Economic Forum Annual Meeting focused on "Stakeholders for a Cohesive and Sustainable World", which gave a clear sign that sustainability and stakeholder capitalism are now firmly at the center of global debates. In response to that, I published a piece on the "", enabling us to redirect capitalism to truly accelerate the required transformations needed now.

However, at the time, COVID-19 didn't appear to be a threat; but it then went on to catch us all woefully unprepared. The notion of "super year" has now ironically reached a whole different meaning overnight, and so did "".

, to provide solutions and actions on:

  1. Vital supply chains resilience;
  2. Return to "normal" scenarios;
  3. Long-term impacts and lessons for future resilience and stakeholder capitalism.

好用的飞艇计划软件手机版The outcomes are designed to enable us to shape the present and the future. To support the three projects of our Response Program, work is done on advocacy, for example by working with our partner Food and Land Use Coalition (FOLU) to publish a call to action for world leaders to prevent COVID-19 from resulting in a food security crisis, and supporting the Green Recovery Alliance to reboot and reboost our economies for a sustainable future.

In addition, we have worked with our advisor David Nabarro, who is also Special Envoy to the World Health Organization's on COVID-19, on outlining . 

More sustainable companies more successful

As stock markets around the world have taken a dire turn for the last two months, we have been analyzing how companies that take sustainability seriously perform compared to those companies who don't. Our analysis shows that our member companies outperform the major stock indexes by about 10%. We will continue this analysis and include more markets - stay tuned for more on this. 

We are monitoring how , and last week we launched " to support our members in responding to and learning from this crisis. For a quick overview of all the featured sessions, please see . 

好用的飞艇计划软件手机版Whilst a lot of our attention is centered around our COVID work, it is important to keep working on solutions to the other critical sustainability challenges. We have published to support the integration of climate-related risks and opportunities to company decisions and capital market valuations.

Accelerating change

As the world's leading platform for business and sustainable development, we believe it's time to reflect the need to accelerate change in our membership criteria. In the coming weeks we will be seeking member's input in the following additional areas with the aim to put forward to vote in the October AGM:

  • 1.5°C, declaring a net zero GHG emission commitment and roadmap to 2050;
  • Nature, adhering to the emerging nature / biodiversity targets;
  • Human rights, respecting internationally recognized human rights principles;
  • Diversity & inclusion, promoting diversity, inclusion and gender equality.

A lot is going on and we are glad to see the spirit of collective leadership among our members and in the world. We are in this COVID-19 crisis together and need collective action to shape the return to normalcy we all crave, using the opportunity to learn and get prepared for future shocks.

We simply don't have all answers yet. But that doesn't mean we don't know what to do. Let's make sure we continue to work together, take the initiative, and help shape the new COVID-ready reality by focusing both on social and economic recovery and resilience. Let's make sure we follow WHO guidance, align with national and local procedures, learn from each other and apply what we learn. Let's make sure we keep doing what business does best: respond fast.

We must make sure we do it right so that 2020 can still be the year of positive and lasting change

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