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Why investors must look beyond returns
Profitability and sustainability can reinforce each other. Business should do well, do right and do good – and it pays
When starting a business, founders grapple with its purpose – the reason for it to exist. This purpose has multiple dimensions, seldom one. These could include: developing goods and services to meet needs in the community; creating employment for people in the region; generating prosperity for its owners and workers; pioneering, innovating and growing; and hopefully, making a positive contribution to the society in which it operates.
All hands on deck: the climate crisis is here
The British daily newspaper The Guardian recently updated the language it uses to write about the environment, introducing terms that more accurately describe the environmental predicament facing the world. Terms like climate change will give way to preferred terms like “climate emergency, crisis, or breakdown” to better reflect what The Telegraph sees as a catastrophe for humanity. Addressing this climate crisis needs to be an all-hands effort.
Safeguarding the Global Commons
All life on Earth depends on clean air and water, biodiversity, and healthy forests, land, oceans and a stable climate. These global commons—the ecosystems, biomes and processes that regulate the stability and resilience of the Earth system—are the very foundation of our global economy and modern society. Today, they are facing an all-too familiar tragedy of over-exploitation and rapid degradation.
Helping countries improve transparency to meet bold climate commitments
Costa Rica has an ambitious goal to become the first carbon neutral nation in the world by 2021. The Central American country has long been known for its environmental stewardship, but the commitments Costa Rica made for itself under the Paris Agreement have set a new high bar for decarbonization.
For Costa Rica and all countries participating in the Paris Agreement, the ability to meet their greenhouse gas emission targets – known as National Determined Contributions (NDCs)—hinges on their capacity to monitor, track, and report on progress, and make adjustments as needed.
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