This blog is part of our Inspired Ethonomics series.
Since the wrap up of COP-15, a lot of attention has been devoted to
debating “Who lost Copenhagen?” Last week in Davos, a far
more promising question was being asked: “How can business and
consumers create a sustainable economy from the ground up?”
It’s nearly impossible to discern the true “mood of Davos,” because
there are simply too many micro-communities amid the 2,500 participants.
But for those of us focused on sustainability, there were many reasons
First, if the World Economic Forum’s annual meeting in Davos is a
barometer of the global business and policy agenda, sustainable
business now has a clear seat at the table. It wasn’t long ago that
sustainability was a fringe topic; today, it is one of the six formal
“pillars” of the event.
Second, the gathering tackled the hard questions, particularly in the
debate around sustainable consumption. Granted, it’s easy to be cynical
about how real the debate is when it unfolds at an event where many
arrive via helicopter (I took the train). But while I worked with more
than two dozen CEOs from across several industries to debate their
vision for a sustainable future, I saw a seriousness of purpose that
Third, the debate over the fundamental values driving the global
economy rages on. French President Sarkozy challenged Davos Man and
Woman to build a more moral form of capitalism. His words resonated
with many–and angered many others. But they reflected and catalyzed a
much-needed debate on just what kind of economy we want and need. And
the question of values involved not only bankers’ bonuses, but also the
role of business in promoting sustainable outcomes. UN environment
chief Achim Steiner delivered a stirring wake up call (literally, it
was early Saturday morning) for business to advocate for a binding
global climate treaty.
But in the end, there was a consensus view–which I share–that as much
as a global climate deal is crucial, we can’t wait for that to save us.
The future depends on sustainability as a driver of innovation that
stimulates consumer demand for different products and services.
So when companies begin looking at new avenues for innovation–like the
Green Xchange, an open source platform launched by Nike in Davos–that’s a win. When a group of designers and sustainability experts explore the
creation of a Web- and mobile-enabled portal to information sources
about products and services, that’s progress. If social entrepreneurs
like Harish Hande of Selco continue to spread solar power across India,
the fight against energy poverty advances. And when a group of CEOs
gets serious about the creation of common metrics they can use to drive
water and energy reduction across all their products, that’s a great
None of these ideas relies upon a globally binding treaty. If all these
pockets of innovation grow and advance, we may begin to see the
building blocks of an economy that is on a more sustainable footing.
It is possible that by the time climate negotiators gather again in
Mexico in December 2010, the magic numbers are not G20 or even the 193
countries negotiating through the UN process, but the “G-7 billion.”
The seven billion of us who are consumers and who can make a real
difference with the choices we make.