Post by ornapurnarai123 on Feb 24, 2024 3:11:46 GMT
Experience and passion for sustainability was a requirement for only 4% of non-executive and senior executive appointments made in 2019 — a trend that must change if companies are to tackle the climate crisis and achieve the Development Goals.” Sustainable (SDG)—. Sarah George writing for edie said this is the key finding of a new analysis of the United Nations Global Compact (UNGC), which assessed sustainable business practices in 55 large organizations across the themes of strategy development, operational execution and stakeholder participation. The analysis also examined how often sustainability was a factor in more than 3,900 senior executive and non-executive appointments made in 2019. For 15% of these roles, sustainability was mentioned in the advertisement. Only for 4%, candidates were required to demonstrate that they had previous training or experience in professions related to sustainability, energy or corporate social responsibility. The UNGC report states that: Sustainability is not currently considered “core DNA for management teams”, even in companies that strive to incorporate environmental and social considerations into all departments, but this will change rapidly as investor demands change. consumers, employees and other stakeholders, and as nations strengthen their green policy packages.
Sustainability is increasingly seen as “a leadership issue and an imperative for long-term success”, with the report stating that this shift in position is only likely to accelerate post-COVID-19. The claim is based on both quantitative third-party evidence and qualitative evidence provided by executive-level professionals with “ a notable track record of focusing on and advancing sustainability goals in parallel with business results .” Among the speakers are: Paul Polman, co-founder of IMAGINE and former CEO of Unilever. Alfred Kelley, president and CEO of Visa. Brad Smith, President of Microsoft. Suzanne Lindsay-Walker, chief sustainability officer at UPS. Sylvie Nichol, executive vice president of human resources and infrastructure services at Henkel. Based on these findings, the UNGC establishes what it describes as a “new leadership model”, which companies must follow if they want to stay ahead of the norm and deliver a truly Special Database integrated and holistic approach to sustainability. The model is based on stakeholder inclusion (i.e. realizing benefits beyond profits and involving all parties involved in key decision-making activities); systems thinking at various levels; disruptive innovation and long-term activation. Adopting these measures, the UNGC maintains, can bring a “ sustainable mindset ” embedded throughout the business and “ make sustainability sustainable .” The executive recruiting firm Russell Reynolds Associates collaborated with the UNGC to conduct the analysis.
Its chief executive, Clarke Murphy, said that while some organizations may be tempted to scale back sustainability ambition and action as they recover financially from COVID-19, the pandemic has highlighted the need for businesses to address "the persistent challenges" around nature and society. Companies that position themselves as sustainability leaders through actions, not words, are likely to prove the most resilient during the pandemic and beyond. Murphy, along with UNGC Executive Director Lise Kingo, also emphasized the fact that the pandemic does not pause or stop climate or natural emergencies, nor change the reality that there is less than a decade left to meet the SDGs. You are hired? The changing role of the sustainability professional and the need for sustainability expertise in the boardroom has proven to be a hot topic in recent months, in light of the pressures from growing climate activism and changing legislation. ecological are exerting on companies around the world. In February, the H&M Group named Helena Helmersson, who spent five years in the fashion giant's sustainability team, as its new .