Coulson-Thomas, Colin (2024) The Green Agenda: ESG and Net Zero imperatives for boardrooms [IOD India Global Webinar]. In: The Green Agenda: ESG and Net Zero Imperatives for Boardrooms, 17th October 2024, Online (Global webinar hosted by IOD India).

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PDF (Opening address for Global Webinar) 48449 COULSON THOMAS_ The_Green_Agenda_ESG_And_Net_Zero_Imperatives_For_Boardrooms_(AAM)_2024.pdf - Accepted Version Download (72kB) | Preview

Abstract

The future of humanity cannot be assumed. Global emissions and average temperatures continue to rise. If remaining tipping points are triggered global warming becomes unstoppable. Many damaging externalities, negative impacts and unintended consequences are ignored. Self and vested interests often favour of the status quo. From now on further progress towards net zero may become more difficult. The low hanging fruit has already been harvested. Responsible directors and boards face many obstacles. They include distractions, misinformation, disinformation and delaying tactics and strategies. The costs and disruption of phasing out fossil fuels may be opposed by vested interests. Action that could put a company at a competitive disadvantage might be avoided. However, the costs of inaction are likely to rise faster that the costs of transition. Moving forward, Indian directors have a critical role to play. Projections suggest India will account for an ever-greater share of global emissions. Faster progress to net zero could tip the balance in favour of our collective survival. Increasingly, cooperation, collaboration and collective responses are required. Boards can engage with stakeholders and appeal to a shared interest in survival. They can enable alternatives and advocate living in harmony with the natural world.

Item Type:	Conference or Conference Paper (Speech)
Additional Information:	This global webinar was organised by India's Institute of Directors and a recording of the whole event is available on youtube [https://www.youtube.com/watch?v=ph22riELiks&t=4863s]
Uncontrolled Keywords:	ESG (Environmental, Social and Corporate Governance issues), net zero, environmental governance, global warming, boards of directors, collaboration, collective responsibility, responsible leadership, corporate leadership, impact of human activities, environmental management
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Faculty / School / Research Centre / Research Group:	Greenwich Business School Greenwich Business School > School of Business, Operations and Strategy
Related URLs:	http://www.youtube.com/watch?v=ph22riELi... Organisation
Last Modified:	04 Nov 2024 16:54
URI:	http://gala.gre.ac.uk/id/eprint/48449

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