The insights of Sandy Trust, a distinguished actuary in the UK who sits on the council of of the IFOA underscore the interconnectedness of government policy, corporate responsibility, and societal beliefs in addressing environmental challenges. By advocating for proactive policy engagement and a rethinking of economic education, Sandy envisions a path forward for businesses to navigate the complexities of sustainability and avoid potential catastrophes. Business leaders are called to embrace their role in shaping a more sustainable future, leveraging the power of policy, transparency, and education to drive meaningful change.

Key takeaways are:

-The Role of Government Policy in Shaping Sustainable Business Practices

-Balancing Free-Market Capitalism with Regulatory Guardrails

-The Influence of Industries on Public Perception and Policy

-Education in Ecological Economics

Further reading:

2022 - Tipping points with Sir David King (CCAG) – climate change is a risk mgt problem, tipping points change everything

2023 - Emperor’s New Scenarios with Tim Lenton (Exeter) – climate change scenario analysis is understating risk, we need to work backwards from ruin

2024 - Climate Scorpion – the sting is in the tail with Tim Lenton (Exeter) – warming is accelerating, and the climate may be much more sensitive than we think to GHGs

The 5Cs podcast, book and community are about shining a light on a better path. Think of it as a global village of business people giving Planet Earth a hand up. You can find Charlene Norman on LinkedIn and here. Consider subscribing for more thoughts from the 5Cs on Substack.