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Concluding remarks and recommendations [2024 London Global Convention on Corporate Governance and Sustainability]

Concluding remarks and recommendations [2024 London Global Convention on Corporate Governance and Sustainability]

Coulson-Thomas, Colin (2024) Concluding remarks and recommendations [2024 London Global Convention on Corporate Governance and Sustainability]. In: 2024 London Global Convention on Corporate Governance and Sustainability [Special Session],, 16th November 2024, Hogg Lecture Theatre, University of Westminster, 35 Marylebone Road, London NW1 5LS.

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Abstract

Humanity faces multiple and inter-related global risks and existential threats resulting from collective corporate operations and the aspirations and lifestyles of a growing human population. Geopolitical fragmentation, polarisation, vested interests, delaying tactics and push back from electorates prevent us from doing what we need to do to survive and develop more responsible, sustainable and satisfying alternative lifestyles. Collectively we are not doing enough. The impacts of combinations of global risks and existential threats threaten to overwhelm us. Urgent action is needed. Too many boards just focus on risks and challenges facing the entities for which they are responsible. Global risks and existential threats in the international contexts in which they operate are largely ignored. Boards must recognise common features of current risks and existential threats, their impacts, requirements for effective responses, obstacles to them and how these might be overcome. There are strategic priorities and immediate questions that many directors and boards need to address.

Item Type: Conference or Conference Paper (Speech)
Uncontrolled Keywords: global risks, existential threats, directors, corporate boards, global warming, sustainability, tipping points, population growth, human activities, lifestyles, externalities, negative impacts, vested interests, fossil fuels, delaying tactics, Net Zero, circular economy, risk 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:
Last Modified: 21 Nov 2024 15:06
URI: http://gala.gre.ac.uk/id/eprint/48657

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