The global climate crisis we are facing is impacting society, business and our environment. It is widely accepted that there needs to be radical change to the way we do business with an immediate focus on the next decade. We need to put in place more sustainable systems, that will allow us to meet the climate change targets set by the Paris Accord.

Across the globe, businesses, both small and large, are making changes to the way they function to reduce their carbon impact and operate in a manner that will allow them to remain investible.

Environmental Social Governance (ESG) reporting is driving significant changes in business behaviours and operations and many businesses are doing this to great effect, by developing much more resilient business models. But are they doing enough? And how are companies moving beyond grand ambitions to making the changes that are required?

In this talk Morag Garden, Head of Sustainability at the Scotch Whisky Association, outlined some of the key sustainability challenges and opportunities facing this iconic Scottish industry.

In her presentation she highlighted innovative sustainability practices used by many of companies who work with the Association.

In this talk Geoff Mackey, BASF Corporate Affairs & Sustainability Director, disusses the sustainability challenges for the chemicals compay BASF plc.

He is responsible for a service portfolio in UK & Ireland and BASF’s Sustainability network in Europe. A Fellow of the Institute of Directors, the Royal Society of Chemistry and the Institute of Environmental Management & Assessment (IEMA), he has been within the BASF group for almost 20 years and advises a wide range of strategic and tactical groups inside and outside BASF covering private, public and third sector organizations in arenas including science, environment and further education.

More in the series on the Adam Smith Business School website:

 

First published: 20 August 2021

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