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complementary action from businesses, investors, and approaches to tax, remuneration, reporting and
policymakers, supported by voluntary action from the private accounting with a vision of capitalism that pursues
sector apart from necessary changes to law and regulation true value;
going hand in hand. Business, therefore, has a critical role to Leveraging relationships with other stakeholders—
play in shifting capitalism, involving the following:
from suppliers and customers to policymakers and
‘Walking the talk’—adapting and aligning business models, civil society—to influence the norms and rules that
decision-making processes, governance models, incentives, shape capitalism as a whole.
GRIHA: We interact with multiple stakeholders from business owners to developers and
project teams to impart knowledge around building sustainability. How can our discourse be
made more impactful for this target audience?
: The key tasks involve linking leading relationships that bring opportunities to
JEthinkers and practitioners in all sectors transform markets to better serve people and
and across geographies. We need to bring forward the planet. Functions like procurement and
younger people faster than would normally be government affairs are, therefore, central to the
the case—after all, this is their future, and they story of how business plays a key role in ensuring
are likelier to care about it than the sort of people a positive systemic change. The COVID-19
who populate corporate boards and government pandemic has put the resilience of global value
cabinets today. chains in the spotlight. Over time, the ever-
harder-to-ignore necessity of regenerating
Since resilience and regeneration are systemic communities, ecosystems, and economies
properties, the implication of this for corporate will mean that procurement teams will find
leadership is a shift in priorities from internal themselves under increasing pressure to use
process optimization to nurturing external their purchasing power in a regenerative way.
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