Episode 17

ESG Insider – A New Economic Model for the Climate Change Era with Lindsey Hall and Esther Whieldon

SUMMARY

In this episode of The Carbon Connection, we learn about how reshaping our economic model can turn care for our planet into an intrinsic business driver. Ahead of this year’s Davos conference held by the World Economic Forum, Bruno Roche, former Mars Inc. chief economist and founder of the Economics of Mutuality platform, sat down with Lindsey Hall and Esther Whieldon of ESG Insider: A Podcast from S&P Global.

Bruno explains the theory and practice of stakeholder capitalism. That is, companies should operate for the purpose of “creating scalable and profitable solutions to the problems of people and planet” through mutual relationships with a diversity of stakeholders, not just shareholders.

We also learn that while a corporate focus on mutual value creation may seem like a new concept situated for our time, it is rooted in the very etymology of the word 'company.’

Explore more connections between corporate action and climate at https://thecarbonalmanac.org/connect-the-dots.

 

CONTRIBUTORS

Special Acknowledgment: Lindsey Hall and Esther Whieldon, hosts of ESG Insider: A Podcast from S&P Global

Episode Producer: Iruka Brown

Editor: Tania Marien

Production Team: Richie Biluan, Kaleigh Carter, and Judy Parrella

Senior Producer: Tania Marien

Supervising Producer: Jennifer Myers Chua

Music: Cool Carbon Instrumental, Paul Russell, Musicbed

Episode Art: Jennifer Myers Chua

Network Voiceover: Olabanji Stephen

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Carbon Almanac

When it comes to the climate, we don’t need more marketing or anxiety. We need established facts and a plan for collective action.

The climate is the fundamental issue of our time, and now we face a critical decision. Whether to be optimistic or fatalistic, whether to profess skepticism or to take action. Yet it seems we can barely agree on what is really going on, let alone what needs to be done. We urgently need facts, not opinions. Insights, not statistics. And a shift from thinking about climate change as a “me” problem to a “we” problem.

The Carbon Almanac is a once-in-a-lifetime collaboration between hundreds of writers, researchers, thinkers, and illustrators that focuses on what we know, what has come before, and what might happen next. Drawing on over 1,000 data points, the book uses cartoons, quotes, illustrations, tables, histories, and articles to lay out carbon’s impact on our food system, ocean acidity, agriculture, energy, biodiversity, extreme weather events, the economy, human health, and best and worst-case scenarios. Visually engaging and built to share, The Carbon Almanac is the definitive source for facts and the basis for a global movement to fight climate change.

This isn’t what the oil companies, marketers, activists, or politicians want you to believe. This is what’s really happening, right now. Our planet is in trouble, and no one concerned group, corporation, country, or hemisphere can address this on its own. Self-interest only increases the problem. We are in this together. And it’s not too late to for concerted, collective action for change.