You may have noticed that every day there’s another
announcement about companies making new climate
commitments, asset managers outlining their
plans for ESG integration, or regulators proposing new
disclosures or extending producers’ responsibilities. Corporate
coalitions like the World Economic Forum International
Business Council and the US Business Roundtable
endorse a more stakeholder-inclusive corporate capitalism
while industry coalitions work to solve their members’
shared sustainability challenges. And employees and consumers
call on employers and brands to take environmental
and social challenges seriously. All of this makes clear
that we have entered a new era for business, one in which
sustaining competitive advantage requires companies to
transform their business models for sustainability.

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