These resources will help you to gather internal and external information and make use of future thinking tools to deepen your understanding of the strategic relevance of particular environmental and social issues, your operational and value chain impacts, and the opportunities for broader role your organisation could play in contributing to positive systems change.
It is time for companies to take a very different approach to corporate strategy.
Our new Embedded Strategies guide helps companies respond to the growing calls for businesses to articulate their purpose and their strategy in alignment with the need to shift the global economy towards the reduction of inequality, a rapid climate transition, the preservation of biodiversity, and the elimination of waste.
This guide will help you to develop a contextual strategy and goals that ensure your company is doing its part to maintain the resilience of key social and environmental systems.
Building on our Road to Context guide with insights from 300+ interviews with senior executives, CEOs, board chairs, and directors, as well as our experiences supporting companies around the world, it outlines resources and tactics that can help your company to scan for emerging issues and risks; understand their implications for your business; understand your impacts and your potential for positive influence; prioritise where it makes sense to direct your efforts; and set your strategy and goals in alignment with delivering systems value.
Momentum is growing for organisations to formally and transparently articulate the risks that climate change poses to the value of their assets and their future profitability. The Task Force on Climate-related Financial Disclosures (TCFD) has emerged as a response to this call for action, empowering companies to more effectively measure and evaluate their own risks and those of their suppliers and competitors. The TCFD promotes “consistent, comparable, reliable, clear, and efficient” voluntary climate-related financial disclosures, and has developed comprehensive recommendations and resources in support of this. These resources focus on governance, strategy, risk, metrics, targets, and the use of scenario analysis for evaluating climate-related financial risks and opportunities.
The work of the TCFD has culminated in a comprehensive Final Recommendations report and several supplemental reports, including a Technical supplement, which provides in-depth information and tools for using scenario analyses to understand the strategic implications of climate-related risks and opportunities to your organisation.
Kate Raworth's “Doughnut” model is a key framework for understanding sustainability context. Building on the planetary boundaries framework as a 'ceiling', it adds social foundations as a 'floor' and underlines the need to operate in the space between. The social foundation is made up of 11 boundaries that draw attention to communities needing access to basic resources to fulfill their human needs. This access needs to be achieved in a way that does not place undue stress on the earth's resources. The framework is based on the premise that we should be striving to build and maintain social foundations while staying within planetary boundaries.
First introduced in 2009, this framework identifies and quantifies nine planetary boundaries (or thresholds) which regulate the stability and resilience of the earth. Crossing these boundaries may generate abrupt and irreversible environmental changes that threaten the earth’s capacity to support human life. Tipping points have already been reached for climate change, biodiversity, land-system change, and the nitrogen cycle. In this TED talk, Johan Rockstrom from the Stockholm Resilience Centre introduces the framework, explores how human growth has strained resources, and explains how the global community can prioritise and scale solutions.
This guide from the United Frontline Table is an excellent starting point for understanding what a "regenerative economy" is and how your company can play its part in achieving it. It provides nuanced definitions for a range of intersecting issues and phenomena, including Climate Justice, Feminist Economies, Sacrifice Zones, and a Just Recovery and Just Transition. It introduces five critical points of intervention that will help to develop your narrative of positive contribution and shape policies that will uplift people and communities. The guide also includes a series of prompting questions, a framework for policies that will help you to advance a regenerative economy, and fourteen themes (or planks) that must be addressed to achieve a regenerative economy.
Putting people and justice at the center of business efforts to address climate change is imperative to achieving the actions necessary to reduce and reverse its impacts on communities, the environment, and industry. B Lab’s Climate Justice Playbook for Business is a good starting point for understanding and enacting climate justice. It provides a sound business case for climate justice, features case studies of climate justice in action, and addresses key obstacles, insights, and questions. It also identifies the key stakeholders and rights holders who your business should collaborate with to maximise the scale and scope of your contributions to achieving a just transition.
This guidebook from Forum for the Future and WBCSD will help leaders and change agents to understand the vision of a just and regenerative future and the shift in mindset and activities required to get there. The guide provides a robust definition of what being just and regenerative means for businesses, introduces a compass that will help you to identify the stage your business is in (risk mitigation, zero harm, do good, or just and regenerative), and illustrates what a credible maturation arc can look like on a range of key issues.
This book from Bob Joseph, founder and President of Indigenous Corporate Training Inc., is a good starting point for understanding preferred Indigenous terms; common myths and stereotypes about Indigenous Peoples; Indigenous worldviews and barriers to employment; Aboriginal Rights and Title; the differences between types of Indigenous leadership; and the effects of UNDRIP on the Rights of Indigenous Peoples in Canada. The book also introduces a training model (RESPECT) that will help you to build effective relationships with Indigenous Peoples. This resource will be of particular benefit to leaders and communications professionals working for organisations with operations in North America.
What does your company need to do today to be sustainable in the future? This resource from the Natural Step outlines how starting with a vision of what success looks like can help build consensus and unlock innovation in a future bound by social and ecological constraints. The resource also offers a useful animated clip explaining the concept of backcasting.
In this brief article, Cory Searcy suggests that companies must change how they view sustainability if they want to determine whether or not they are sustainable. He explains how most companies currently focus on reducing environmentally destructive or unethical behavior, and how they must instead assess their performance relative to thresholds linked to the economic, environmental, and social resources on which they rely. This is a great, quick read that will help you articulate the need for moving beyond the 'triple bottom line' and towards a context-based 'embedded view'.
There are five conventional structures that guide the way we organise routine interactions and how groups work together: presentations, managed discussions, open discussions, status reports, and brainstorm sessions. These structures, however, can stifle inclusion and engagement, and are often too inhibiting or too loose and disorganised. To complement these more conventional options and improve shared knowledge and engagement, Liberating Structures introduces a menu of 33 innovative methods. Each method includes expected outcomes, step-by-step instructions, "tips and traps," examples, and more.
IISD has developed a free interactive tool that directs users to SDG-related publications by region or goal. This tool provides insight into how the SDGs impact companies and communities around the world, and may be of particular use for companies with an international scope or those interested in entering new markets.
Climate-related scenario analysis is one of the best available tools for navigating an increasingly unknowable future, and yet common pitfalls are limiting its potential benefits to companies. This article from the CDP highlights three simple recommendations that will help you to make the most of scenario analysis: using a range of distinct and realistic scenarios; selecting the right scenarios for your organisation; and transparently reporting the results.
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