EDITOR’S NOTE: here are not one but two separate yet related comments I made on a great LinkedIn post by David Loseby regarding Sultan Al Jabar’s comments that “there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C, the Guardian and the Centre for Climate Reporting can reveal.”
COMMENT #1
Here are excerpts from the article I wrote in 2022 titled “How Painful Are the Hidden Costs of an ESG Strategy?” – https://bit.ly/3Ntje06
Included in my research was the following excerpt from the book Cannibals With Forks – The Triple Bottom Line of 21st Century Business By John Elkington (Capstone Publishing, Oxford, 1997):
“In our rapidly evolving capitalist economies, where it is in the natural order of things for corporations to devour competing corporations, for industries to carve up and digest other industries, one emerging form of capitalism with a fork – sustainable capitalism – would certainly constitute real progress.
Returning to the earlier Cannibals With Forks reference, gaining this critical insight and understanding of ESG’s downside consequences and addressing them will likely remove some of the barriers to fully adopting and implementing these crucial programs – including sustainable procurement. From my standpoint, removing ESG adoption barriers will foster sustainable capitalism – which is also good for everyone.”
Elkington was right that one business’ gain is often at another business’ loss, so why would anyone be surprised by Sultan Al Jaber’s statement? What is the upside for his country’s economy?
COMMENT #2
You make excellent points, Graham PRECEY.
As stated in my comment in this discussion stream, John Elkington‘s book – Cannibals With Forks should be required reading in 2023. – https://bit.ly/44jMECT
We must recognize, seek to understand, and address the conflicts of any strategy if we hope to achieve real success. For example, how do we reconcile the following contradictions:
Silent Victims – https://bit.ly/3pcqW5f is an eye-opening piece by Iain Campbell McKenna on the juxtaposition between the benefits of EVs and how the minerals are mined to build the batteries.
How about Nimi Princewill and Ella Nilsen CNN article: As the West surges toward electric cars, here’s where the unwanted gas guzzlers (May 21st, 2023) https://cnn.it/3NKw2iN. Do we now say to these poorer countries who finally have access to the affordable transportation we have enjoyed for the last century that you can’t use fossil fuel cars because it is bad for the environment? Of course, does it really matter if the ozone layer is gone in someone else’s part of the world but not yours? I mean, did the eruption of Mount St. Helens affect anyone outside of Washington State?
Once again, David Loseby MCIOB Chtr’d FAPM FCMI FCIPS Chtr’d FRSA MIoD MICW, your posts inspire important discussions!
Now it’s your turn – what are your thoughts? You can share them here or share them directly on David Loseby’s post on LinkedIn.
30
Procurement Insights
What Does Sultan Al Jaber, the President of COP28’s 2023 Comments, and John Elkington’s Seminal 1997 Book Have In Common?
Posted on December 4, 2023
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EDITOR’S NOTE: here are not one but two separate yet related comments I made on a great LinkedIn post by David Loseby regarding Sultan Al Jabar’s comments that “there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C, the Guardian and the Centre for Climate Reporting can reveal.”
COMMENT #1
Here are excerpts from the article I wrote in 2022 titled “How Painful Are the Hidden Costs of an ESG Strategy?” – https://bit.ly/3Ntje06
Included in my research was the following excerpt from the book Cannibals With Forks – The Triple Bottom Line of 21st Century Business By John Elkington (Capstone Publishing, Oxford, 1997):
“In our rapidly evolving capitalist economies, where it is in the natural order of things for corporations to devour competing corporations, for industries to carve up and digest other industries, one emerging form of capitalism with a fork – sustainable capitalism – would certainly constitute real progress.
Returning to the earlier Cannibals With Forks reference, gaining this critical insight and understanding of ESG’s downside consequences and addressing them will likely remove some of the barriers to fully adopting and implementing these crucial programs – including sustainable procurement. From my standpoint, removing ESG adoption barriers will foster sustainable capitalism – which is also good for everyone.”
Elkington was right that one business’ gain is often at another business’ loss, so why would anyone be surprised by Sultan Al Jaber’s statement? What is the upside for his country’s economy?
COMMENT #2
You make excellent points, Graham PRECEY.
As stated in my comment in this discussion stream, John Elkington‘s book – Cannibals With Forks should be required reading in 2023. – https://bit.ly/44jMECT
We must recognize, seek to understand, and address the conflicts of any strategy if we hope to achieve real success. For example, how do we reconcile the following contradictions:
Silent Victims – https://bit.ly/3pcqW5f is an eye-opening piece by Iain Campbell McKenna on the juxtaposition between the benefits of EVs and how the minerals are mined to build the batteries.
How about Nimi Princewill and Ella Nilsen CNN article: As the West surges toward electric cars, here’s where the unwanted gas guzzlers (May 21st, 2023) https://cnn.it/3NKw2iN. Do we now say to these poorer countries who finally have access to the affordable transportation we have enjoyed for the last century that you can’t use fossil fuel cars because it is bad for the environment? Of course, does it really matter if the ozone layer is gone in someone else’s part of the world but not yours? I mean, did the eruption of Mount St. Helens affect anyone outside of Washington State?
Once again, David Loseby MCIOB Chtr’d FAPM FCMI FCIPS Chtr’d FRSA MIoD MICW, your posts inspire important discussions!
Now it’s your turn – what are your thoughts? You can share them here or share them directly on David Loseby’s post on LinkedIn.
30
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