In 2024, we conducted 5 case studies and hosted 4 thematic sessions exploring critical issues at the intersection of sustainability and business. Here’s a summary of our activities and insights:
Case Studies
- Carmeuse
- GIM
- Maison Dandoy
- Umicore
- Volvo Group
Thematic Sessions
- Systemic Risks Strategies
- Biodiversity, Diversity, Equity, and Inclusion (DEI), and Response Diversity
- Doing Business in a Finite World
- Geopolitics of Transitions
Engaging Questions from the Sessions
During these sessions, participants raised thought-provoking questions that highlight the complexity and urgency of the challenges businesses face today. Some of the most interesting include:
- What is the economic rationale behind the push for more cooperation and collaboration? Is it feasible within a profit-driven system?
- Given that we value companies based on profit and growth, doesn’t this hinder collaboration? Can we change the narrative, particularly in Europe or Africa?
- Given the increasing demand for battery materials, do you believe there are enough accessible resources globally to meet the needs for electric trucks in the long run? And if there is, is it a good idea to get them all?
- How do we ensure transparency and authenticity in our company’s sustainability initiatives and prevent greenwashing?
- How do we balance sustainability with financial returns?
- How do you envision growth for a best-in-class company, particularly in terms of outpacing less effective competitors? What strategies would you implement to achieve this growth, especially focusing on craftsmanship?
- As some companies reconsider their net-zero commitments due to cost, competition, and technological obstacles, can European industries remain aligned with European climate commitments? If not, what actions can be taken?
Key Takeaways
- Transformation may initially decrease resilience, but over time, it can lead to more robust systems.
- Diversity is essential for developing a holistic and sustainable model. It brings in varied perspectives and expertise that are crucial for addressing complex challenges.
- Climate change should not be used as a proxy for biodiversity loss.
- Businesses can successfully integrate environmental responsibility into their operations by shifting their focus from short-term profits to long-term sustainability and problem-solving. This shift can positively impact both the planet and their brand.
Looking Ahead
These discussions highlight the importance of fostering open dialogue and collaboration across sectors. As we look ahead to 2025, our commitment to advancing sustainable progress remains steadfast. We aim to achieve this by cultivating partnerships that enhance the effectiveness of sustainability initiatives, promoting transparency, and driving accountability while addressing the challenges ahead.
We also recognize the need to encourage businesses to adopt long-term strategies that prioritize resilience and environmental stewardship. This includes integrating sustainable practices into daily operations and developing innovative approaches that proactively respond to the evolving challenges posed by environmental damage.
Ultimately, we aspire to empower our network with actionable insights and tools, creating a future where sustainability and innovation work hand in hand. Through these efforts, we envision a collaborative ecosystem where all entities thrive, respecting and preserving the planet for future generations.
