On Friday, 11 December the worldwide premiere of the documentary The Decade of Action took place.
Five years on from the 2015 Paris accord, targets have not been reached and 75% of companies are still not implementing a clear and actionable plan to address their Environmental, Social and Governance (ESG) responsibilities. As business leaders, we are ideally positioned to make bold choices to accelerate our communities’ transition to better ESG practices and deliver more sustainable outcomes. For life as we know it to survive and thrive, it’s crucial that businesses step up and lead where governments have stalled. The time for action is now.
If you missed the premiere or would like to revisit it, we invite you to watch the recording. At the bottom of the page you can also find relevant articles and the link to our Board Leadership Center webinar on ESG considerations for board members.
We are very proud to announce our sponsorship of ‘The Decade of Action’, a documentary that highlights the urgent role of businesses in taking the reins to act on climate change. Despite the agreements made under the 2015 Paris accord, five years on, targets have not been reached and 75% of companies still have not put into motion a clear and actionable plan to address their Environmental, Social and Governance (ESG) responsibilities. For life as we know it to survive and thrive, it’s crucial that businesses step up and lead where governments have stalled. The time for thinking and talking is over. The time for action is now.
This timely film is not-to-be-missed and features interviews with key leaders from business, politics, academia and civil society, including Frans Timmermans, Vice-President of the EU Commission and responsible for the EU’s Green New Deal; Paul Polman, former CEO of Unilever, Johan Rockström, Director of the Potsdam Institute for Climate Impact Research; Gillian Tett, Editor-at-large of the Financial Times; and Ioannis Ioannou, Professor of Sustainability Leadership and Corporate Responsibility at The London Business School, among others.
KPMG is delighted to support this initiative to help raise awareness of the urgent and crucial role that company leadership has to play in redirecting our mutually-destructive trajectory to one which allow business, society and our shared environment to thrive for the long-term.
Sustainability – which not only has a climate aspect but also a social and governance aspect - is one of the themes that companies must focus on in the coming years if they are to emerge stronger and more resilient from this crisis than those of the past. To succeed over the next decade, now is the time to recognize our interdependence, step up and take action to address our common challenges – join us in working #Together #ForBetter.
A year ago when we raised the subject of sustainability with the CEO of a company, the odds were that we would be politely referred to the Director of Sustainability, if the company had such a position. As the COVID-19 pandemic gathered pace earlier this year, I feared that the diversion of the world’s attention to the immediate threat would set back the sustainability agenda by precious, irreplaceable years. But to my joy, and frankly astonishment, the reverse has happened and attention on sustainability is growing, particularly amongst business leaders. It seems that the vulnerability of our society, that COVID-19 has revealed, has been taken as a sharp reminder that what we take for granted can easily be lost.
For more information on the documentary, please visit: www.thedecadeofaction.com.