An important book in the world of sustainable business is Leveraging Corporate Responsibility by CB Bhattacharya, Sankar Sen, and Daniel Korschun. It was published in 2011, so things have moved on, not least the terminology. In 2025 they might well have decided to use the term sustainable business rather than corporate responsibility. Still, their basic…
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Greenhushing Is A Big Problem
The Economist recently highlighted the phenomenon of greenhushing. This is when firms keep quiet about their genuine sustainability achievements. This is the opposite of greenwashing — which is when firms trumpet dubious claims to sustainability. At first glance greenhushing doesn’t really seem to be a big problem. After all the firm is doing the good…
Can Virtuous Capitalism Be Sustained?
Can virtuous capitalism be sustained? That is one of the questions that motivated James O’Toole and David Vogel in their discussion of the conscious capitalism. They are mostly positive — but being academics they have to have some reservations. New Lanark And The Challenge of Sustaining Virtuous Capitalism The authors discuss Robert Owen. Two hundred…
Lower Cost Is Not Always Better
One of the big challenges for sustainable business is that sometimes it costs more. Although higher costs driven by sustainable decision-making is not always the case, if you are providing higher quality, paying your workers or suppliers more, or reducing pollution from your products then sometimes this costs more. While it is beneficial to ensure…
Bad Businesses Can Get Better
A lot of businesses have done bad things in their past. Andre Hoffman, Roche’s Vicechair and heir to the founding family, has a book, written with Peter Vanham, on a better approach to business. Amongst other things he notes how bad businesses can get better. (I doubt he would say that Roche was at the…
Believing In Responsibility And Systemic Problems
It is popular, particularly in left-wing circles, to note the presence of systemic problems. When you know a bit about how humans behave this makes a lot of sense. We tend to adapt to the situation we are in. Economic models help drive action. Similarly, you will often see organizations “dictating” the way people in…
Ambition To Improve The World
Rutger Bregman’s book, Moral Ambition tells us to aim higher. Why not have an ambition to improve the world? People have achieved amazing things in the past and there is no reason why we can’t make stunning progress again. Ambition Isn’t Bad In making the world better it helps to have ambition. That ambition needs…
Cliches About Disruption Aren’t Public Policy Advice
In my last post I noted that I worked at the Labour Party during Tony Blair’s time. He is easily the best UK prime minister of my lifetime, so I really wanted to be positive about his institute’s report on climate change. The approaches outlined are quite sensible, but the overall report is just plain…
What To Do About Climate?
I was Finance Director of the Labour Party when Tony Blair was Prime Minister. At the risk of sounding like a grumpy old man, it was a more optimistic time. There were notable problems of course; but at the least the mood music was positive. The Labour Party was proudly European, it wasn’t trying to…
It Isn’t Good Enough To Be Just Against Things
Ezra Klein‘s and Derek Thompson‘s Abundance tackles how those who believe that the world can be better have to achieve more. It isn’t good enough to be just against things, i.e., stopping things getting worse. To make the world better, you need to be for positive progress. What you want also needs to be deliverable on a…
