The Business of Sustainability Moving Beyond the Triple Bottom Line
Our nation indeed, the entire world - is at a strategic inflection point. Globally, each year 1.5 million people die as a result water-related illnesses, while 16,000 children alone die from hunger-related causes. The situation is likely to become more dire as global populations grow to an expected 10 billion-plus by 2100. Energy usage will rise 70 percent by 2050. And the race for clean water is now and will continue to be relentless. The reality that we all confront is that as the world gets smaller and humankind's problems become more complex and challenging the stakes are raised for all of us. There is clear and convincing evidence that we will not be able to meet tomorrow's challenges with yesterday's mindset.
In this presentation, Dow Chemicals & Energy President Carol Williams will discuss a new way to approach the idea of building stronger communities in order to meet those global challenges. Although the private sector's triple bottom line mentality of the past did help focus much-needed light on the economic, environmental and social impact of businesses' actions, the companies that are successful in the future will be those that move beyond that philosophy. To survive and thrive in the 21st century, companies must integrate sustainability into their business models. Ms. Williams will discuss how companies can move toward this integration by focusing on solving the greatest challenges of clean water, affordable food and secure energy.