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  • Leo Johnson talking to Rob Cameron at our London office.

    This article originally appeared in Radar Issue 03: What Chance Change? Exploring Sustainable Finance.

    Leo Johnson, a partner in PwC’s Sustainability and Climate Change team, has recently co-authored Turnaround Challenge: Business and the City of the Future, which explores how capitalism can reinvent itself to offer sustainable growth.

    Rob Cameron spent a morning with Leo exploring his views on the wisdom of Hollywood icons, tequila capitalism, jujitsu moves and the parallels between banks and rock ‘n’ roll.

    Rob Cameron: Let’s start with that most British of questions – what do you think of the recent weather here in the UK? I ask because I wonder if it takes this kind of flooding disaster to get politicians to pay attention to the risks of climate change?

    Leo Johnson: We should be so lucky. My take is that major progress won’t result from flooding. If anything my fear with big-time impacts from climate change is that they could bring what they call ‘threat rigidity’, the draw-bridge going up. My optimism comes from a different place than disaster. To me, it’s most simply put by Marilyn Monroe. She said: “Sometimes good things fall apart so that better things can fall into place.”

    This is exactly what Schumpeter was trying to say too. His idea was that there are these waves of ‘creative destruction’ where the technological model that was triumphant starts, as it gets fully deployed across the economy, to burn out and then becomes dysfunctional, creating the space for disruptive technologies to erupt. …

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  • The Zermatt Summit's location acts as a timely reminder of the scale of the challenges ahead. Image credit: CC license by yago1.com/Flickr

    Professor Guido Palazzo of Lausanne University, when opening a panel session at the Zermatt Summitt, paused and surveyed his audience, every member of which was, in some way or other, committed to the cause of sustainability. “You know who is responsible for an unsustainable economy” he began. “We are… all of us in this room” Taking a smart phone from his pocket he presented a litany of unsustainable attributes to be found in a simple object that we all take for granted. While there was nothing specifically new in his assertions, it was a timely reminder of realities that we all find it all-too-easy to forget.

    Palazzo was not the only speaker to call for a fresh view of the commonplace. Pressed on the potential need for new ways of “impact investing”, the thoughtful Martin Rohner of Alternative Bank Switzerland cut to the heart of the matter: all investments have an “impact”. The real way forward is to understand the true nature of this impact, in all its forms, and upon whom, in order that investors can take a more considered view than at present….

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  • It was most definitely not a day like any other…Thursday June 13, 2013 saw the webcasted launch of Changing Tack, the culmination of our 18-month Regeneration Roadmap research program in collaboration with Globescan. The webcast was preceded by the annual Marks & Spencer Plan A Conference at which former U.S. Vice President Al Gore gave a barnstorming speech. Meanwhile, across London, the B Team launched its Plan B. Not a usual day by any means. Most certainly, something stirs…

    Our Regeneration Roadmap analysis sees us poised between a sustainable future and catastrophic collapse. So Changing Tack recognizes the intensely pressing need to accelerate progress towards sustainable development. No less than transformation is needed. The enabling context for such transformation is trust, collaboration and leadership. …

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  • Bilderberg Hotel in the Netherlands, name-giving location of the first conference in 1954

    Thursday 6 June, 2013

    Dear Bilderberg members

    For 59 years you have been meeting regularly to discuss the issues that most affect Europe and the USA. Looking back to the mid-50s, your original inspiration, to promote an “Atlanticist” approach to help bridge the gaps between the two continents, was no doubt well conceived as the wearisome post-war recovery period dragged on.

    But it was not this aim that was most prescient. Your founders realized the potential of a cross-sector approach to international challenges. This approach brings policy makers, business, and civil society together in ways not possible in the normal discourse. As we look to the challenges the world faces now, it is clear that this is the very type of collaboration that is so badly needed – one that cuts across traditional boundaries….

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  • At the risk of showing my age, when I was very young I was fascinated by the man that passed by our house every other week with his horse and cart letting out the cry of “any old iron!” He was a rag and bone man and one of the last of a dying breed that made their living collecting anything that people wanted to get rid of – metal or not. “Put it outside for the rag and bone man” was a familiar refrain in our house.

    The rag and bone trade came to my mind towards the end of the first Global Sharing Day, another step forward in the emergence of the “sharing economy”. …

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  • The phrase “In praise of Barclays”, used during this, of all weeks, and with Wimbledon coming to a conclusion, surely elicits only one response: “You cannot be serious!!” Well, no, not exactly serious. In fact, most definitely not serious, because the company’s performance has been nothing short of woeful at best and disastrous at worst. So, why the headline?

    I will remodel it: “In praise of Barclays individuals that I know have worked patiently and diligently for over a decade or more to drive change against all the odds, and in praise of the tens of thousands of frontline Barclays staff who are being vilified daily by the media. They have surely felt …

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  • SustainAbility is now in its 25th year and as part of its celebrations launched The Regeneration Roadmap – a look backwards and forwards by some of the brightest folk from the frontline at the successes, failures, hits and misses of 25 years of “sustainability thinking”. From where I stand the glass could be half full or half empty, but what’s more important is “what’s next”? Are we making progress at the rate we need to? How can we accelerate? It’s not that we don’t have …

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  • I write as I begin my life at SustainAbility, at the close of a weekend which saw Cambridge – my home town – hosting WordFest, a wonderful mélange of ideas and people. And if I needed any further convincing of the importance of the work I am about to undertake, then this weekend did the trick.

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