ESG & Social Innovation

Today, there is a duty and an opportunity for business leaders, investors, management schools and policy makers to reposition the corporation positively, in ways that reflect the changing needs of society and the environment.

For decades, mass consumption has been deeply rooted in people’s minds. It has long been considered a personal achievement. It is now time to change that cultural model.

In terms of limiting waste, a key area that demands more attention is electronic waste or e-waste generation. Electronic devices have become commonplace. They are proven enablers.

The rapid changes to China’s philanthropic sector brought both opportunities and challenges for local and international NGOs and put pressure on the whole sector to strengthen operational capabilities to increase transparency and accountability.

The beginning of the 2020s marks an important threshold for China’s economic development. In the coming decade China will very likely cross the threshold to high income.

Inequality is one of the drivers of social unrest recently experienced on almost every continent.

The growth of the manufacturing sector has left us with a lot of waste. Like many nations grappling with the same problem, more rational consumption is needed in China, too.

China plans to peak carbon emissions in 2030 and be fully carbon neutral by 2060. How will this impact on economic activity?

Like other public policy decisions, evaluating an environmental regulation should be based on comparing its social costs to its social benefits. Reducing air pollution may require costs such as abatement equipment, compliance personnel, research and development expenses, and reductions in economic output

In this day and age, companies are no longer being evaluated only through their economic dimensions. In a post-pandemic world, stakeholder capitalism as a value creation structure is simply no longer sustainable.

Leaders exist to create impact. The drive to shift conditions, context or consequence is what separates leaders from the rest of the world.

Social innovation plays a critical role to get us there. Defined as the “conceptual, process, product or organizational change which improves the welfare and well-being of individuals and community,” social innovation shares the SDG’s ultimate objective of a better world, and offers a powerful instrument to achieve them.