Uniting to Help Shape Climate Leadership
Scientific evidence shows that climate change is unequivocally caused by human activity and its effects are noticeable across the world. Addressing this emergency will require radical changes in our use of land and ecosystems, energy systems, urban infrastructure, and industrial systems. Solutions and systems change demand creativity, commitment, and collaboration by governments, businesses, NGOs, individuals—everyone.
In the lead up to COP26 in Glasgow, eight business schools have joined together to equip present and future leaders to address climate change.
What is Business Schools for Climate Leadership?
Business Schools for Climate Leadership (BS4CL) is a substantive collaboration of —London Business School, Cambridge Judge Business School, HEC Paris, IE Business School, IESE Business School, the Institute for Management Development (IMD), INSEAD and Saïd Business School at the University of Oxford—committed to jointly shoulder this responsibility.
BS4CL represents the beginnings of collective action across business schools starting with the founding members. As educators and researchers—as well as leading voices and stewards of powerful alumni bodies—we need to work together to incite, support, and mobilize our many stakeholders to protect humanity.
Webinar series: Countdown to COP26
In the lead up to the publication of a booklet on the Wednesday 10 November, a webinar series is taking place to bring together the contributors of each school and engage with their alumni and extended communities. Visit the BS4CL website for the full series and see below for more information about London Business School’s upcoming event.
Likely effects of climate accounting on business value
Tuesday 26 October, 12:30pm BST
Big changes are happening within the field of environmental, social and governance (ESG) reporting, with particular focus on climate reporting. These changes are likely to have a profound impact on capital markets and the profitability of individual firms. For some years now, corporate sustainability reporting has been bedevilled by inconsistent metrics both across different jurisdictions and, on occasion, within the same country, exacerbated by the absence of a single, authoritative standard-setting body.
The International Financial Reporting Standards (IFRS) Foundation has stepped into the area of sustainability reporting as a potential standard setter. London Business School Professor of Economics and trustee of the IFRS Foundation, Lucrezia Reichlin, has been leading this work. This webinar will explore Lucrezia’s work at the IFRS Foundation and advice for how companies and markets will have to adapt to accommodate new reporting standards. Moderated by Peter Tufano, Peter Moores Professor of Finance at University of Oxford, Saïd Business School and Knut Haanaes, Professor of Strategy, Lundin Sustainability Chair at IMD Business School
Join the webinar HERE, registration not required.