Climate change – read WSJ & Andy Hoffman’s article and give opinion.

According to a recent Wall Street Journal (1), there appears to be “a gap between talk and action” when it comes to how much businesses are embracing sustainability goals. They offer as evidence a gap between talk and action in regards to the hiring of CEOs. These are the quotes:

“Still, there appears a gap between talk and action when it comes to hiring CEOs and executives based on their sustainability experience. Last year, about 15% of 4,000 job postings for nonexecutive or senior executive positions mentioned sustainability, but only 4% at most required actual experience in it, according to a report by the United Nations Global Compact and executive hiring consulting firm

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Russell Reynolds Associates.”

“Businesses are doing a great job embedding talk of sustainability into descriptions about their company, but are falling short in driving decisions about which leaders to hire based on it,” the report says.

Russell Reynolds CEO Clarke Murphy says he expects that to change in the coming years. “I don’t think this is just chat, chat, chat.”

Consider this week’s readings on the topic and answer the following questions:

Start by reflecting on your own biases: Consider the following questions (or others) to help you with this act of self-reflection: How much do you agree with this idea of a gap between talk and action? Did you already think that before you read the quote? Would you have believed it if the article says that this was not “just chat, chat, chat,” but that there are real changes in how CEOs think?
Reflect on the source of the article (the Wall Street Journal) and the source mentioned in the article (The United Nations Global Compact). Do a bit of research and discuss how much do you think these are trustworthy sources of information and what biases can we expect from these outlets. Discussing the consulting firm Russell Raynolds Associates is optional.

Provide your opinion on Andy Hoffman’s article about whether businesses can take a leading role in bringing concern for sustainability to the forefront.

(1) Holger, D. and O. Bugault. CEOs increasingly see sustainability as path to profitability. WSJ Oct. 12, 2020.

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