ARCH Canadian Voices on the Role of Business in Society

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i. Climate Change “We live in a finite world with problems and it’s starting to be clear that we’re reaching the end of those resources, they’re not infinite as was initially thought.” – Monika Marcovici, Strategist at the Social Purpose Institute Climate change emerges as the number one challenge facing the globe in the opinions of the Survey Participants. Joel Solomon, Founding Partner of Renewal Funds remarks, “We’re beyond our current capacity as a species to think about and manage the whole in an effective way.” Climate change is named by 62% of the Survey Participants. On top of being the most frequently identified global challenge, Survey Participants often make a point to explicitly rank it the most significant challenge. Michael Sabia, former CEO of the Caisse de dépôt et placement du Québec (CDPQ) and current Deputy Minister of Finance for the Government of Canada (Michael Sabia was interviewed as the CEO of the CDPQ), sums up this sentiment by pointing out that there is “only one problem that is existential”. Both the Business Leaders and Accelerators groups identified climate change most often as a pressing global challenge.

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Figure 5: Breakdown of how frequently Survey Participants named different challenges when asked “What is the most pressing challenge facing the globe?”


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APPENDIX 3: SOCIETY AND BUSINESS INITIATIVES AROUND THE GLOBE

4min
pages 76-77

APPENDIX 5: REFERENCES AND FOOTNOTES

8min
pages 79-84

UNITED NATIONS SDGS

2min
page 78

APPENDIX 1: SURVEY PARTICIPANTS’ BIOGRAPHIES

14min
pages 68-73

APPENDIX 2: METHODOLOGY & BUSINESS INTERVIEW GUIDE

3min
pages 74-75

ACKNOWLEDGEMENTS

1min
page 67

CONCLUSION: THE IMPERATIVE TO ACT

2min
page 64

6) Leading on the Big Issues

15min
pages 58-63

5) Creating and Measuring Societal Value: The Role of the Sustainable Development Goals

8min
pages 54-57

4) Sharing Value Created

2min
page 53

3) Longer-Term Thinking

5min
pages 51-52

2) Increasing Focus on All Stakeholders

2min
page 50

4) Stakeholder Approach in Theory, Shareholder Primacy in Practice

5min
pages 47-48

3) The Purpose of the Canadian Corporation

2min
page 46

2) The Evolution of the Purpose of the Corporation

5min
pages 44-45

3) Future Prepping

2min
page 39

iv) Investors

2min
page 37

iii) Customers

4min
pages 35-36

i) Communities and Civil Society

3min
page 32

ii) Employees

4min
pages 33-34

4) Personal Legacy

2min
page 29

3) Impact on Their Business

5min
pages 27-28

2) Growing Criticisms of Capitalism

6min
pages 25-26

2) Creating and Sharing Value with Stakeholders

2min
page 31

2) Business is Critical to Solving Today’s Toughest Challenges

9min
pages 21-23

iii) Lack of Trust and Social Cohesion

2min
page 19

ii) Inequality and Inequity

0
page 18

INTRODUCTION

4min
pages 5-6

i) Climate Change

1min
page 17

AND BUSINESS MATTERS

0
page 15

EXECUTIVE SUMMARY

9min
pages 8-12

LEADERSHIP PROFILES

2min
pages 13-14

1) The Status Quo is Not Sustainable

1min
page 16

Who Is This For?

0
page 7
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