Companies can address environmental challenges for society while delivering immediate economic benefits for themselves.
November 18, 2024
Illustration by Maus Baus
Post
Post
Share
Annotate
Save
We all value a good environment and understand its importance for the future, but the environmental mandate is often viewed as a noble yet daunting goal that usually or typically requires considerable costs and sacrifices in the short to medium term. Adopting green technologies, for example, can cause notable disruptions to existing industries and impose significant corporate and social adjustment costs. But must advancing one priority always come at the expense of the other? Our answer is no. In many cases, companies can create innovative solutions that address environmental challenges for society while delivering immediate economic benefits for themselves.
-
Mi Ji is Institute Senior Executive Fellow at the INSEAD Blue Ocean Strategy Institute in Fontainebleau, France.
Post
Post
Share
Annotate
Save