For the World’s Profit: How Business Can Support Sustainable Development: Homi Kharas: Brookings Institution Press

For the World’s Profit

How Business Can Support Sustainable Development

For the World’s Profit

How Business Can Support Sustainable Development

Description

This edited volume brings together a remarkable array of distinguished corporate, investor, government, academic, and nonprofit perspectives to consider how the targeted pursuit of business profits can better add up to the world's profit, broadly defined.

Chapter authors tackle such questions as how businesses can work more effectively with governments, financial institutions, and civil society to mitigate their own enterprise risk alongside risks to people and planet; how private resources, innovation, and networks can be mobilized to create value in solving major social and environmental challenges; and what types of accountability structures are needed to set boundaries, provide oversight, and create positive incentives for business performance. Their perspectives offer insights into how sustainability can be introduced into business practices, finance, and policymaking in a way that expands market opportunities and accelerates progress towards global sustainable development.

1. Overview, Homi Kharas (Brookings Institute, USA), Koji Makino (Kyoto University, Japan), John W McArthur (Brookings Institution), Jane Nelson (Harvard Kennedy School, Brookings Institution, USA)
Section I: Corporate Actors
2. The Business Case for Mainstreaming Sustainability, Paul Polman (Founder, Net Positive)
3. Strengthening Local Business Linkages to Achieve Development Impact, Ndidi Okonkwo Nwuneli (Founder, LEAP Africa and Co-Founder, Sahel Consulting Agriculture and Nutrition)
4. Embedding Sustainability into Corporate Governance Structures and Management Incentives, Emily Farnworth et al, (University of Cambridge, UK)
5. Corporate Multistakeholder Partnerships to Achieve System-level Impact, Jane Nelson (Harvard Kennedy School, USA)
Section II: Financial actors
6. Scaling Sustainable Finance: The Role of Asset Owners, Sasja Beslik (Chief Investment Strategy Officer, SDG Impact Japan)
7. Creating Incentives for Investors to Tackle Societal Challenges, Carsten Stendevad (Co-CIO for Sustainability, Bridgewater Associates, USA)
8. Aligning Banking with Equitable Finance, Liliana Rojas-Suarez (Senior Fellow, Center for Global Development, USA)
9. Sustainable Stock Exchanges, Nicky Newton-King (Former CEO, Johannesburg Stock Exchange and Director, World Federation of Exchanges)
10. Sustainable insurance, Ekhosuehi Iyahen (Secretary General, Insurance Development Forum)
Section III: Regulators, Standard-Setters and Policymakers
11. Global Sustainability Taxonomies and Reporting Standards- The New Normal, Rick Samans (Director of Research, ILO)
12. The Role of Third-Party Assurance in Sustainability, Tom Seidenstein (Chair, International Auditing and Assurance Standards Board & Warren Maroun, Professor, University of Witswatersrand School of Accountancy, and IAASB board member)
13. SDGs and Corporate Social Responsibility in the Context of Developing Countries: India's Efforts to Achieve the SDGs through the CSR Act, Katsuo Matsumoto (Director General of Infrastructure Engineering Department, JICA)
14. Tackling the Challenge of Transparency in Corporate Lobbying, Alberto Alemanno (Jean Monnet Professor, HEC Paris)
15. Closing the Loop: Moderating Societal SDG Progress and Business Contribution, Ichiro Sato (Executive Senior Research Fellow, JICA-Ogata RI, and Kei Endo, Research Fellow, JICA-Ogata RI)