Stanford Social Innovation Review’s Post

Business leaders can’t address climate change alone. As climate change becomes an ever-growing threat, business leaders face pressure to make their companies more sustainable. But at the same time, they confront downside risks in acting alone. Will their shareholders and investors support decarbonization if the business case is dubious and competitors may gain an advantage in not pursing it? Will their emissions reporting even be trusted without a standardized framework shared by industry peers? It shouldn’t surprise anyone when CEOs, acting alone and faced with such uncertainty, table sustainability efforts and pass responsibility to government regulators. But business leaders have an alternative: They can collaborate with each other to form alliances dedicated to sustainability. 🌿 Matteo Gasparini, Knut Haanaes, Emily Tedards & Peter Tufano, authors of the fall issue feature story, “The Case for Climate Alliances,” interviewed alliance and business leaders to find the problems and opportunities with these collaborations. Read what they learned about the complex climate alliance landscape ➡ https://lnkd.in/esJhwwua “Climate alliances can create and aggregate credible demand signals, which in turn trigger positive externalities, and economies of scale and scope that accelerate the innovation, commercialization, and widespread adoption of green products across the economy.” #climatechange #business #collaboration #climatesolutions #leadership

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Knut Haanaes

Professor of Strategy, management consultant, TED speaker

1mo

«In the long history of mankind (…) those who learned to collaborate and improvise most effectively have prevailed.» - Charles Darwin Happy to push ahead on the Climate alliance agenda together with Emily, Peter and Matteo. #imd

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