Thursday, June 27, 2013

Because there’s no... urm plan B

So Branson is back! Last week Richard Branson launched his B Team, a group of global business leaders
who have joined forces “to create a future where the purpose of business is to be a driving force for social, environmental and economic benefit”. In typical Branson style, the project was launched with a big media splash and, rather infuriatingly for people who work in this sector, he talks as though he invented sustainability. However, I digress…

Superhero?
For those of you in the UK, the irony of the name, considering M&S’s Plan A (“…because there is no plan B”), won’t be lost on you. The name has caused a stir in the US for different reasons given the recent moves by the Government, and associated media attention, to prevent teens from obtaining the morning after pill, Plan B, without a prescription.

What the B Team is actually going to do is still somewhat vague. The group is committed to tackling three initial challenges “to help focus business away from short-term gain and to balance the long-term benefits for people and planet”:

  • The future bottom line: to include people and planet in business’ bottom line.
  • The future of incentives: to catalyze incentives that benefit people and planet alongside profit.
  • The future of leadership: to ignite a movement of leaders committed equally to people, planet and profit.

The details of how these challenges are tackled is still to be fully disclosed – and perhaps worked out – but,  crucially, the B Team will play a convening role, bringing together influential figures and decision makers from Governments, non-profits and the corporate sector.



Although Branson’s style is a little difficult to swallow, it’s early days for the B Team so we should give it the benefit of the doubt. However, for me, there are two key questions:

  • Are we just preaching to the converted? As Toby Webb pointed out in his recent blog, our sector is becoming more like a ‘cocktail party’; people circulating and telling each other what they want to hear. Richard Branson has bought together ‘believers’; it’s a great line-up of sustainability greats, such as former Chairman and CEO of PUMA, Jochen Zeitz and Unilever’s CEO, Paul Polman. The question is, are these people going to be able to influence the non-believers? Or will they just be the same voices, preaching the same messages? They've been ignored in the past so what are they going to do differently to engage the skeptics going forward?
  • What is Team B’s special sauce; what is it that will enable them to succeed where others have struggled? It’s not so long since everyone was talking about the revolution of Shared Value, and now it’s gone rather quiet. That’s not to say that Porter and Co. are not making progress but it’s not changing the world over night. Is the same thing going to be true of the B Team?

Just in case, is there a Plan C?

Wednesday, June 5, 2013

We need a Captain Planet to get rid of our Eco-Villans once and for all!

I went to my first Green Drinks Happy Hour the other week… no, not an event for people that like green cocktails, although that could be fun! It’s a monthly event that brings together sustainability professionals in the Boston area. It was fun evening and great to meet some fellow sustainability enthusiasts; however I had two conversations that really stood out and, if I'm honest, despair of humanity.

Number 1: it didn't take me long to track down the fellow Brit in the room, who was an academic from the UK, currently doing research at Harvard University. He is looking at the public policy implications and barriers linked to the climate change mitigation strategy of blocking the sun. My initial reaction was a mixture of incredulity and horror; for starters, ‘blocking the sun’ sounds like a plan from Captain Planet and, secondly, why would anyone want to make the world colder and darker? But immediate reactions aside, it is actually a very interesting idea. Some advocate the use of a giant mirror positioned hundred of km above the Earth’s surface to deflect some of the sun’s rays away from the Earth. However, the same effect could be achieved by shooting sun-reflecting sulfates into the lower stratosphere to create a barrier, which is, apparently, not very costly or difficult to do. Temperatures would be reduced by 1-2 degrees so we wouldn't be walking around in the cold and dark (or so I am led to believe) and, in only a couple of years, it could significantly slow down the rate of climate change.

The real barrier is not the science or individuals, like me, who like the sunshine; it is getting global consensus. In order to go ahead, the plan would need to be agreed by leaders all around the world, which is the final nail in the coffin as that is unlikely to happen. This is nothing new – Climate Change would have been addressed long ago if we weren't all so busy protecting our own interests. Maybe blocking the sun is not the answer but it still makes me sad that, in an ever more global world, we are still so far from being able to make rational, considered decisions for the greater good.

Number 2: I got talking to a lawyer, who had come to the event to find out more about ‘this sustainability stuff’ and, particularly, the business case as it relates to shareholders. I began my usual spiel about how, if done strategically, corporate responsibility is good for business and benefits all stakeholders. However, he stopped me and pointed out that many shareholders still think in the short term. If, as a result of running the business in a more sustainable way, there was any affect on the dividends they would receive for that year, even if the longer-term profit forecasts were bright, they would never agree and may even sue the company. Again, this is not news. I am aware of huge mindset shift that needs to happen worldwide to get more companies to adopt a more sustainable approach to business. Nevertheless, it still astounds me at the ability of people in the world to blindly act according to their own interests rather the interests of their communities, countries, or even the planet.

Maybe we need Captain Planet after all!