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How Double Materiality Can Shape a Robust Business Strategy
In today's business landscape, understanding both your company's impact on society and the environment, as well as the financial implications of these impacts, is crucial. This is where a Double Materiality Assessment (DMA) comes into play. Unlike traditional assessments that focus solely on financial or impact materiality, a DMA offers a holistic view by evaluating and ranking all sustainability impacts, financial risks, and opportunities associated with ESG (Environmental, Social, Governance) …
Navigating the Future: The Forces Shaping Our World
At its core, the ability to change and evolve is fundamental to survival. Whether a species adapts to a new environment or a company pivots in response to market shifts, adaptability is key. Change and evolution are not merely aspects of our world; they are its driving forces. They compel us to adapt, innovate, and grow, both collectively and individually. Understanding and embracing these forces is crucial for navigating the future, whether in business, society, or personal life.
The Power of …
Are you ready to challenge yourself?
The power of positive tipping points
Have you tried to take in the fact that six out of nine planetary boundaries have already been crossed and that multiple tipping points could be triggered if global temperature rises beyond 1.5°C above pre-industrial levels?
Has this left you feeling energized or disempowered? Or maybe even paralyzed by its overwhelming complexity?
Tipping points, however, don't have to be negative.
There is a growing interest in identifying and enabling ‘positive tipping points’ that can help counter feeli…
Sustainability is a strategic imperative for companies
Sustainability is a strategic imperative for companies - not only to position themselves for the future and remain compliant in the face of increasing regulations - but even more pertinent, to help shape the future we want for our children and future generations. Trailblazers are currently exploring circular and even regenerative business practices and business models to enable this going forward.
ESG, however, is, in its essence, an investor risk minimization tool to create transparency and safe…
What We Owe The Future
As business leaders, we often get stuck in the operational issues of the short term. Once a year, when we go into the strategy review process, we may look three to five or even ten years into the future. Most of us, however, never apply perspectives beyond that. Something that I believe hinders us in building Better Business and a better future.
Maybe that's why I am so fascinated by the book What We Owe The Future by William McAskill. He is a young Scottish philosopher and author and an Associ…
The green industrial revolution is already here
The world around us is often described as increasingly volatile, complex and ambiguous. We see signs of accelerating change and exponential growth in a number of different areas, such as the increasing speed of technical development and digitalization. Some claim that we even walk faster in cities today than what we did a few decades back.
Perhaps it is not so strange that eighty per cent of all companies already run some type of change projects. Not seldom several change projects are running i…
Check out what the new AI-bot ChatGPT says about sustainable business and greenwashing
Accelerating Better Business and a Better Future
It seems like the whole world is now abruptly waking-up to increasing economic and political uncertainty, as well as to accelerating climate change and biodiversity loss. Several of the global risks earlier identified by the World Economic Forumare playing out. Including the fact that the world has already crossed several planetary boundaries and is on a pathway far above the 1.5°C target to mitigate climate change. We are now even reaching a point where the well-being of humanity and our planet…
Are you stuck in a paradigm paralysis?
"All truth passes through three stages.
First, it is ridiculed.
Second, it is violently opposed.
Third, it is accepted as self-evident."
-Arthur Schopenhauer
Change and disruption may seem to be new characteristics related to our modern world but are in fact not new phenomenon. They have been with us since the beginning of time, and some patterns seem to be repeated continuously.
Following her studies of change throughout human history, Connie Gersick described what…