On March 23, 2017, The Economist’s Pride and Prejudice event brought together more than 600 global leaders from business, politics, and civil society to discuss lesbian, gay, bisexual, transgender, and queer (LGBTQ) diversity and inclusion. The global 24-hour conversation spanned events in Hong Kong, London, and New York—livestreamed to approximately 17 million people—and focused on the business costs and opportunities related to diversity.
Los Angeles, November 23, 2015 /3BL Media/ - CBRE Group, Inc. today announced that the CBRE Women’s Network earned a Top Ten ranking in the inaugural Global Diversity List, supported by the Economist. The Global Diversity List identifies large companies which put diversity at the center of their business strategies.
Other companies recognized for their women’s networks include Lloyds Banking Group, A.T. Kearney, Sodexo and GE.
Has corporate business as usual reached its peak? That’s the implication of a new report by the McKinsey Global Institute, as reported in The Economist. On the one hand, the report finds that corporate profits have more than tripled from 1980, rising from 7.6 percent of global GDP to 10 percent, of which Western companies captured more than two-thirds. On the other hand, the report notes, there’s increased competition—there are more than twice as many multinationals operating today as in 1990.
By Kerry Preete, Executive Vice President, Global Strategy, Monsanto
On Nov. 6, I attended the World Water Summit in London, an event hosted by The Economist for the purpose of bringing together representatives from the private sector, NGOs and governments to discuss challenges related to global water use.
I was proud to share with the attendees some of the work we’re doing at Monsanto to help farmers produce enough food to nourish a growing planet while also freezing the footprint of agriculture.
Earlier this year, Unilever issued a $416 million green bond. Forty percent of the offering was quickly bought by asset managers, insurers, and pension funds outside of the U.K., an unusual response to a sterling bond. That story is part of a larger one, the rapid rise of green bonds in the global investment market, according to a recent article in The Economist.
In the U.S. solar power continues to lead all categories as the renewable energy mode of choice. Last year, it made up 29 percent of all new electricity capacity, second only to natural gas at 46 percent. In 2014, solar power is projected to grow by another 26 percent, according to GTM, a research firm. The Department of Energy expects solar to provide 27 percent of all electricity in America by 2050, a huge increase from its less than one percent total today.
The good news is that many of us will live to be over 100 years old. The challenge will be--and already is--preparing ourselves for new jobs as technology advances and markets change. This requires workforce training and education on a massive scale. As individuals, we need to continuously develop relevant skills and expertise, build our networks and relationships, and assess our priorities as we look ahead to longer lives in a dynamic world. In the meantime, there are and will be painful disruptions for individuals, families and countries.