MBA#21 Bill Baue & Ralph Thurm - Sustainable reporting should go beyond compliance and based on the company historical benchmark. Instead of rewarding doing less bad instead

Masters of Beautiful Achievements

In this edition I speak with Bill Baue and Ralph Thurm from Reporting3.0 [R3.o.org] about the challenges related to sustainability reporting when compliance becomes the norm. It turns out aligning sustainability, governance and sustainable finance with the planetary boundaries of our spaceship is for most companies not so easy. The prevailing shareholder value mindset is preventing most stock listed companies for embedding transparent sustainability reporting. This is one of the reasons why there are so many sustainability reporting initiatives all seeking a way to help companies be compliant to global regulations. Doing less bad seems to be rewarded instead of doing better each year based on the company historical benchmark. Bill and Ralph explain the flaws and show the where the real opportunities are for those interested in really doing better.

Its a densely packed conversation, so find a comfortable place to listen to their insights.

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The Masters of Beautiful Achievements podcast series is where Alexander Prinsen explores natural science, innovation, systems thinking and leadership. As systemic innovation consul at scopematters.com he helps organizations accelerate to save costs, do good and operate within the planetary boundaries.