We Don’t Live on 1.75 Earths—but We Act Like We Do [Fortune]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
NASDAQ:AMEX Investor Relations:
schneider-electric.com/en/about-us/investor-relations
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Source: Fortune
Pinterest We live on 1.75 Earths, yet we just have one. More precisely, humanity’s current demand on Earth is 1.75 times what our planet’s ecosystems regenerate each year. We are depleting our natural capital at a frantic pace. Symptoms are numerous and well-depicted in stark reports. Think of ecological overuse as you would financial overspending, but with a significant difference: Financial debt can always be wiped away, while ecological resources are borrowed from a system we cannot bargain with. Meanwhile, social pressures also are rising: Real-time transparency enabled by our digitized world can highlight unfair or unethical practices and ruin reputations overnight. Corporate sustainability efforts that show incremental improvements on all fronts in order to secure a license to operate can suffice no more. Strategic sustainability must become the compass of any business with long-term ambitions, with a value proposition that addresses our one-planet (rather than 1.75 planets) rea
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