Greenwashing Is Out, Let’s ‘Out’ the Greenwashers
Business leaders are shifting their priorities, embracing the idea of the “double bottom line”, supplanting shareholder primacy with stakeholder primacy, and committing – at least notionally – to environmental sustainability.
That’s good news, said Caroline Anstey, Senior Advisor to Sustainable Markets at the World Economic Forum. But not all of this environmental commitment is genuine. “A lot of companies are still thinking about corporate social responsibility. They’re not running it through the business and through the strategy. They’re not really putting it into their plans and my worry is that without any durable metrics, consumers and investors and others really don’t know who is sustainable and who’s doing greenwashing. My worry is that over time there will be a big scandal over this and people will become disillusioned.”
In a panel session on transforming markets, Anstey called for product labelling to give consumers a clear sense of a product’s environmental impact. “Consumers control about 60% of global GDP. They make choices every day, using their pocketbooks, their wallets,” she said. “If there’s proper labelling and disclosure – the same as food labelling, but for product production, supply chains – consumers can make that choice. But it’s very important that consumers don’t have to pay more for doing the right thing.”
Governments have a critical role to play in ensuring that green choices aren’t more expensive choices. “We have to change our system of taxation and subsidies and incentives to align with a sustainable future,” Anstey said.
The grim realities of climate change and the urgency of the situation were driven home by Allen Chastenet, Prime Minister of the Caribbean island nation of Saint Lucia. “We’re facing two things:” said Chastenet, “extinction and the environment. Unfortunately, the extinction part comes first,” he said, noting that 2018’s Hurricane Maria – the second of two hurricanes to hit the island in a month – did damage equivalent to 200% of the island nation’s GDP. Of those who survived the disaster, he said, it was self-employed farmers who tended to remain, while “teachers, doctors, nurses leave and never come back.”
“The final nail in the coffin for us is that we become now uninsurable,” he added.
Melati Wijsen, who with her sister launched a successful initiative called Bye Bye Plastic Bags six years ago, at age 12, to ban plastic bags on her native island of Bali in Indonesia, made an impassioned case during the panel for including and taking seriously the views of youth in all conversations about sustainability.
“Involve the young people. Take our ideas, as crazy as they might be. We have something to offer. We’re smart, we’re passionate and we’re motivated, and we’re ready to be part of these opening markets,” she said. “We not only expect to be heard, but we expect to be part of the decisions that are being made today.”
Feike Sijbesma, Chief Executive Officer of the Dutch company Royal DSM, echoed Anstey’s dismissal of corporate social responsibility. “CSR is out,” he said. “You do this in the mainstream of your business,” noting that this is what distinguishes a genuine commitment to sustainability from mere “greenwashing”.
Anstey noted that the classical economic theory and its assumption that people will act only in their own self-interest has fallen away as behavioural economists present data to the contrary. “They will act in the interest of their community – even if it’s not in their own self-interest,” she said.
Scepticism over motivations dies hard, however. A Twitter poll put out on Monday from the World Economic Forum asking whether respondents believed business leaders when they say they want to be more sustainable found that 55% of respondents said no, with only 23% answering in the affirmative and 22% saying they weren’t sure.
“This is a devastating score,” Sijbesma said. Noting that people working for social good are now termed “social entrepreneurs”, he added: “I think all entrepreneurs, all business leaders, should be social entrepreneurs. You should go to jail if you are not a social entrepreneur.”
In a video message delivered at the end of the panel, His Royal Highness Prince Charles announced the creation of the Sustainable Markets Council in partnership with the World Economic Forum. The council will explore creative solutions, model sustainable leadership and champion sustainable markets at a global scale.
Newsweek: “Putin scores a win in Turkey’s election”
Russian President Vladimir Putin secured a victory in Turkey’s presidential election results on Sunday, writes ‘Newsweek’.
Turkish President Recep Tayyip Erdoğan appeared to beat back a challenge from Kemal Kilicdaroglu, the head of the center-left Republican People’s Party (CHP), winning his third five-year term since taking office in 2014. Erdoğan claimed victory on Sunday, telling supporters in a speech, “I thank each member of our nation for entrusting me with the responsibility to govern this country once again for the upcoming five years,” the Associated Press reported.
He ultimately prevailed by roughly 5 percentage points, according to unofficial data from state-run Anadolu Agency. Turkey’s election has been defined by high voter turnout, but has also led to questions about the fairness of Turkey’s electoral system.
Erdoğan’s victory is viewed as good news for Putin, whose relations with many world leaders grew strained after he launched the invasion of Ukraine last February. Many governments viewed the “special military operation” as lacking justification and a violation of international norms, leading to swift backlash and economic sanctions against Moscow.
Turkey, however, has taken an important role in the conflict, often serving as a mediator between Kyiv and Moscow. Erdoğan himself has walked a fine line between support for Ukraine while also maintaining close diplomatic relations with Russia. Both countries lie along the Black Sea, so maintaining strong economic ties has remained a priority for both governments.
Erdoğan’s victory likely guarantees a continuation of the status quo.
Notably, Turkey’s actions in the North Atlantic Treaty Organization (NATO) have aligned with the interests of Russia. Turkey has previously blocked bids from Sweden and Finland to join NATO, which would bring the alliance to Putin’s doorstep. The Russian leader has also opposed the expansion of NATO, an issue that has sparked tensions with the West.
Putin congratulated Erdoğan on his victory, writing in a statement that he appreciates the Turkish president’s “personal contribution to strengthening friendly Russian-Turkish relations, mutually beneficial cooperation in various areas.”
“Winning the election was a natural result of your selfless work as head of the Republic of Turkey, evidence of the Turkish people’s support for your efforts to strengthen the state sovereignty and the pursuit of an independent, independent foreign policy,” the Russian leader wrote.
Erdoğan has previously touted his relationship with Putin during his reelection bid.
“We are not at a point where we would impose sanctions on Russia like the West have done. We are not bound by the West’s sanctions,” he told CNN earlier this month. “We are a strong state and we have a positive relationship with Russia.”
Larry Johnson: The aftermath of Bakhmut and why the CIA is in trouble
The West is desperate to avoid having any meaningful discussion or review of the Battle of Bakhmut because it was such a massive loss. Think about it — a small “private” paramilitary force backed by former Chef with no military experience, forced Ukraine’s NATO-trained and supplied Army to retreat, notes Larry C. Johnson, a veteran of the CIA and the State Department’s Office of Counter Terrorism.
This is a very important point. Conventional military doctrine stipulates that an army attacking an entrenched force will need at least three times more soldiers than the defending force. Looks like Russia is very unconventional.
The Wagner Group’s 50,000 fighters defeated a Ukrainian force that employed over 120,000 troops, inflicting 70% casualties on the Ukrainians. Russia is writing new chapters for military academies and war colleges on how to attack and defeat a numerically superior force entrenched in fortifications.
Russia was not fighting Afghan shepherds or Iraqi tribesmen armed with AK-47s. It faced off with a NATO proxy force, equipped with modern weaponry, and beat it.
…Even more, I chatted with a retired CIA buddy who filled me in on the personnel disaster that is transforming the CIA into a fully woke institution. Thirty years ago an aspiring employee had to pass a polygraph and had to be drug free. Prior use of marijuana or other recreational drugs could be a show stopper. That was then. Now?
The CIA only asks if the applicant has smoked pot or taken other illicit drugs in the year prior to applying to the Agency. I would not be surprised to learn that once a former drug user is brought on board that there is no obstacle for him or her to continue to indulge the guilty pleasure of getting buzzed (hopefully while not at work).
More disturbing is the current hiring practice — in a recent class for new analysts, 92% of the new hires came from one State. If you guessed Alabama or Virginia you would be wrong. 92% of the analysts hail from one of the most liberal states in the United States. The Agency hiring standard is welcoming the Woke crowd and eschewing men and women who profess traditional values. If you hold Conservative values you need not apply. You probably will not be hired.
I have written previously about the pressure CIA managers face when they write the yearly evaluation on their employees, which plays a key role in determining who gets promoted. If an employee is a minority or openly homosexual or transgender and does not get promoted the manager is required to write an explanation why he or she did not promote said person.
Guess what happens? People get promoted because of their social justice status rather than the quality of their work. Is it any wonder that the quality of the CIA analytical product is succumbing to political pressure, writes Larry C. Johnson.
Drone attack on Moscow
The Russian Defence Ministry:
– This morning, the Kiev regime has launched a terrorist drone attack on the city of Moscow. Eight aircraft-type drones were employed in the attack, informs Russian MoD.
– All enemy drones were downed.
– Three of them were suppressed by electronic warfare, lost control, and deviated from the intended targets.
– Five more UAVs were shot down by the Pantsir-S SAM system in Moscow region.
TASS has gathered the main facts about the incident
– Moscow and the Moscow Region were attacked by drones early on Tuesday morning, TASS informs.
– Several buildings sustained minor damage, Moscow Mayor Sergey Sobyanin said.
– According to the authorities, there were no casualties and emergency services are continuing to work at the scene.
– Early on Tuesday morning, Russia’s Emergencies Ministry told TASS that ministry staff were investigating an incident in the Moscow suburbs, in which windows in a high-rise apartment building had been blown out. Fire and rescue units arrived at the scene. There were no signs of fire. According to eyewitnesses, the sound of an explosion was heard at the time of the incident.
– Emergency services told TASS that drone-like fragments were found around the house. The windows of apartments on three floors were shattered.
– It later became known that law enforcement personnel were verifying information about explosions in two other multi-story apartment buildings in the west and southwest of Moscow. There were also broken windows in some apartments.
Reaction of authorities
– Sobyanin confirmed the drone attack on Tuesday morning. As a result, according to him, several buildings sustained minor damage.
– According to the mayor, there are no casualties in the capital and all of the city’s emergency services are working at the scene.
– Emergency services evacuated the residents of two apartment buildings damaged by the drones. Once all necessary work is completed, the residents will be able to return to their homes. “According to information from municipal medical services, at this time, none of the residents of the buildings damaged by UAVs [unmanned aerial vehicles] have been seriously injured. Two individuals requested medical aid. Nobody had to be hospitalized and the necessary help was provided on site. Also, the emergency services and several ambulance crews continue to work at the sites of incidents,” the mayor wrote.
– Several drones were shot down as they approached the capital, Moscow Region Governor Andrey Vorobyov said.
– Domodedovo, Vnukovo and Zhukovsky airports are operating as usual, representatives of two of the airports told TASS.
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