by Victoria Baxter, Jeff Constable and Cheryl D’Cruz-Young, originally published by Korn Ferry Insights
A major credit agency warns that firms that don’t change their impact on ecosystems may be downgraded.
The Swiss pharmaceutical executive had always pushed back on what he saw as a shortsighted business philosophy: make money first, and then spend later to restore nature destroyed for profit by the industry. Then came the arrival of COVID-19, and many in his industry became more familiar with how diseases are transmitted from animals to humans. And for the executive, it became easier to explain to his board how habitat and biodiversity loss have costly global consequences.
