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Governance

Tools for boards: A few goodies, but far between

September 14, 2021

Most companies have had a brush with sustainability (or it’s finance industry lens: ESG) at the very least on an operational level. Not necessarily always voluntarily or out of conviction, mind. Looking at corporate boards however, the picture starts to change – not necessarily to the better. While boards of listed companies may have been forced to look at non-financial disclosure, it is rare that any board has a sound grasp, never mind approach, to all things ESG and sustainability. This is why I list in this post the few tools I am aware of that are specifically targetting and intended to help corporate boards start on the journey towards becoming climate and SDG savvy.

Consumer-ism Governance Supply Chain

UK House of Lords and ethical fashion – Debate-able?

March 12, 2011

On March 3rd, 2011, ethical fashion was discussed in a Question session of the UK's House of Lords. Much focus was on human rights & the environment. But fashion is driven by SMEs ...

Biz Strategy Finance Governance

Finance Industry & Carbon Trajectory: Black Holes with a Sparkle of Hope

January 12, 2021

Recently we have learned how the Board of Directors of the 20 largests banks (under)performs when it comes to ESG, and the consequences this has on their future fit investments. This raises evidently the question: How do these 20 banks perform right now in terms of their carbon footprint? And: Do they have at the least commitments to work on a Paris Agreement trajectory? I answer these questions. Afterall: Carbon – together with biodiversity – is one of THE most critical dimensions among the Planetary Boundaries. Because the already existing overshoot is putting our civilisation at risk. So far nothing new under the sun. Spoiler Alert: The results are pretty much in line with expectations. ESG-experience on the BoD does make a difference.

Definitions Governance Opinions

Manifesto of a Hummingbird*

June 23, 2020

The Manifesto of a Hummingbird: . 13 + 1 ways to make a stance for responsible business and leadership.

Biz Strategy Governance Opinions

It starts with … Me, myself and I.
OR: a simple field manual to create (sustainability) disempowerment in organisations.

May 10, 2023

This manual was originally drafted when I was astonished by the way how ‘doublespeak’ is being used in organisations to prevent change. Any change. Including – but not limited to – sustainability related ones. It is a cynic-sarcastic-semi-realistic manual on how to be reasonably successful in disempowering an organisation. It is applicable to all areas that encompass change including innovation, sustainability, internationalisation, digitalisation and so forth.

Biz Strategy Finance Governance

Measurement ≠ Data ≠ Information ≠ Knowledge ≠ Action

May 4, 2021

You can't manage what you can't measure. This often cited quote by Peter Drucker lies at the heart of many things: change management, quality management, staff diversity, environmental footprint, CO2 output … you know it. This is why many millions of dollars, and countless hours, have been invested in creating suitable measurement tools. It's just that: Measurement ≠ Data ≠ Information ≠ Knowledge ≠ Action.

Biz Strategy Governance

Selling or embedding: Governance, Corporate Responsibility, and the role of the C-Suite

June 30, 2020

Unless the top line of company executives are held accountable for and judged by their contribution to the company’s risk management and mitigation efforts, including importantly CSR and sustainability performance, the company will struggle. Without senior commitment and engagement, the system only ever allows for minor ‘bug fixes’.

Biz Strategy Globalisation Governance Supply Chain

Supply Chain Transparency & Risk: Old wine in New Bottles

February 13, 2013

Supply chain transparency is – as it happens – among the prime concerns of investors when considering their risk. The news is though, that it really isn’t any news at all. Supply chain transparency has been called for for at least a couple of decades – for reasons that are entirely aligned with profitability, customer service, competitive advantage, product quality and so on and so forth.

Biz Strategy Future Tech Governance Opinions

Keep it Simple Stupid (kiss): Yet – how simple is too simple?

March 30, 2021

The KISS Principle is a design principle that stems from the 1960. It originated in engineering and its view point is that most systems work best if they are kept simple rather than made complicated; therefore, simplicity should be a key goal in design, and unnecessary complexity should be avoided. But what about complex systems such as nature? How simple can we go before oversimplification results in incomplete, or biased data? Before absence of consideration of relevant factors inherently lead to regrettable substitutions? And before we willingly accept that there will be collateral damages to a decision, without knowing (or wanting to know) of what nature and in what order of magnitude these may be? One example that illustrates where this challenge may rear what is its ugly head: upcoming Swiss political referenda on agricultural practices.

Biz Strategy Globalisation Governance

The Next Wave: Biodiversity (4) – Corporate Status Quo: Sand in the eyes of the beholder?

November 16, 2021

Textile Exchange recently launched their (first ever) Biodiversity Insights Report. In itself not a bad idea per se – after all, assessing the staus quo of things is at least a baseline – the report is indeed ‘insightful’ in a number of ways. Most importantly: it raises a lot of questions. Such as: If predominantly large companies are such laggards in all things biodiversity - can you imagine the situation in companies with much less resources? And why are entirely inadequate tools used to measure biodiversity? Are the commitments not just a rehash of climate committments, that only very recently start to show teeth and results?

Governance Supply Chain Trade Shows

License to operate: Report from the European Business Ethics Network (EBEN) yearly conference

September 25, 2013

On September 12 to 14, I attended the European Business Ethics Network (EBEN) yearly conference in Lille, France. The theme of this year’s edition was ‘License to Operate’. I and my colleague Ilaria Pasquinelli, both presented a research paper, focused on sustainability and value generation in the fashion industry, and the status quo of knowledge on sustainable consumption habits respectively.

Biz Strategy Governance Opinions

The Colours of Us: Go serious – Or go home

July 7, 2020

This post is going to be somewhat more personal than how I usually write. Normally, I try to write and argument as factually and data driven as possible. I’m not one that feels comfortable to carry my emotions on my sleeve. And even less as some of the topics I write about are truly important to me. But: There are a couple of things that upset me in the present. They related to the #blacklivesmatter movement on the one hand, but maybe more specifically to the related discussion on #racism – globally. -> Includes a list of practical resources for corporate boards

Globalisation Governance Opinions

The New What?! Or: From No Gos to To Gos

May 19, 2020

The “new normal’ everyone talks about. What is it supposed to look like? As with many things: being clear about what you do NOT want is easy to describe. Explain and outline what it is that you really (really!) want, is considerably harder. Here a try – my try - at exactly that.

Governance Opinions

The Leadership Difference II: Lots of little boring things

October 6, 2020

Consistency is one of those traits that is coveted by business journals and business leadership as possibly the most important ingredient in leaders. For a simple reason: Consistency — whether good or bad, positive or negative — provides the business, its employees, and stakeholders with a known quantity. But what is often forgotten: A leader is never, ever made over night. It is a life long process. And just like a relationship, the accumulation and significance of small little things that are done over and over again is more often than not underestimated.

Biz Strategy Governance

KPIs in ESG: Stretch Goal or Lowest Required Hurdle?

August 3, 2021

You can’t manage what you can’t measure. This common sense platitude holds true for a lot of things: Salary, punctuality in trains, inflation. And – of course – sustainability/ESG data. Measuring alone can be complex enough. But there are also incentive systems. And the impact they have on aspirations to deliver results. Where sales targets for instance are as good as always understood as ‘invitation to be exceeded’ (with financial and other bonuses resulting from overachievement) the near opposite holds true for ESG/sustainability related KPIs. And that absolutely must change. For every single person in every single company. KPI priorities must be flipped on their heads.

Finance Governance Opinions

Making a difference – or not?

January 14, 2016

The COP21 Climate Agreement that was reached this past December in Paris, and which comes into effect in 2020, is a milestone in global sustainability efforts. Yet - are we doing enough? What is enough?

Globalisation Governance Supply Chain

Risky Fashion: The challenges of Integrating Product Design and the Supply Chain

March 7, 2014

The design stage is usually the longest, most expensive and riskiest part of the chain. Additionally, research has shown that at least an estimated 80% of a product's environmental (and to a lesser degree also social) impact is locked at the design stage into a product. By integrating the product design with the supply chain, companies can compress non-value adding time and costs in their supply chains, increase responsiveness and mitigate supply chain risks – while simultaneously managing (improving) their sustainability performance without added costs or efforts.

Finance Governance Labels Supply Chain

The Next Wave: Biodiversity (8) – Habemus propositum! Targets we have!

July 18, 2023

After some results at the COP in Vancouver, as well as efforts by the TNFD (Task Force for nature-based financial disclosure) – we finally (!) got the first ever Science -Based Targets for Nature (SBTN). It is a first release, however. So the question obviously is, how do these targets address the 5 key drivers of biodiversity erosion? Are the SBTNs worth their salt?

Biz Strategy Globalisation Governance

Fashion Companies & their Boards of Directors: Rotten Eggs in a Diverse World

December 1, 2020

Diversity and Inclusion is a highly relevant topic not ‘just’ because it is all about equality and justice. But as long as entire parts of our global population remain disenfranchised, and desperate to just survive from day to day, tackling challenges - and in particular Climate Change - that affect all of us, indiscriminately, remains impossible. Boards of Directors set out the "Tone at the Top', also in matter of diversity and inclusion. In fashion companies, what exactly is the tone, the music, that they are creating?

Sustainable Business Leadership in 2030 - Four Scenarios

Biz Strategy Governance Opinions

Companies & Sustainability: Who leads it? And how?

July 6, 2021

If you’ve ever been part of a bigger discourse about how to scale out sustainability economically and globally, you’ll have been quick to notice that by and large you’ll be faced with representatives of four distinct camps of advocates: The Grassrooters; the 'Setting the tone at the top' people; those in support of government regulation driven by civil society; and the 'Fiduciary Duty Advocates'. But which camp owns the driving leadership role? Funnily enough, that role does get handed around as if it was a game of musical chairs ... or the proverbial hot potato.

Future Fit Industries of 'Stuff': Governance, Responsibility, and the Age of Doughnut Economics

Governance

Tools for boards: A few goodies, but far between

UK House of Lords and ethical fashion – Debate-able?

Finance Industry & Carbon Trajectory: Black Holes with a Sparkle of Hope

Manifesto of a Hummingbird*

It starts with … Me, myself and I.
OR: a simple field manual to create (sustainability) disempowerment in organisations.

Measurement ≠ Data ≠ Information ≠ Knowledge ≠ Action

Selling or embedding: Governance, Corporate Responsibility, and the role of the C-Suite

Supply Chain Transparency & Risk: Old wine in New Bottles

Keep it Simple Stupid (kiss): Yet – how simple is too simple?

The Next Wave: Biodiversity (4) – Corporate Status Quo: Sand in the eyes of the beholder?

License to operate: Report from the European Business Ethics Network (EBEN) yearly conference

The Colours of Us: Go serious – Or go home

The New What?! Or: From No Gos to To Gos

The Leadership Difference II: Lots of little boring things

KPIs in ESG: Stretch Goal or Lowest Required Hurdle?

Making a difference – or not?

Risky Fashion: The challenges of Integrating Product Design and the Supply Chain

The Next Wave: Biodiversity (8) – Habemus propositum! Targets we have!

Fashion Companies & their Boards of Directors: Rotten Eggs in a Diverse World

Companies & Sustainability: Who leads it? And how?

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