Co-designing with organisations and communities to tackle complex environmental and social problems | Founder: Biome Studios | Board Member of Design Declares Australia | Strategic Design | Systems Change
Australia has 598 threatened species 🐦🪲🐠🦈🦭🦜 There are 1,989 large corporations with turnovers over $250 million 🏭🏦. If three companies each took responsibility for one species in their operational area, tying that species' health to their own metrics of success and value, we could dramatically reduce the extinction problem. 💰⛓️💥🌿 In the short term, tie the leadership bonuses, shareholder payouts and even tax rates to the long-term health and success of threatened species within the operational footprint of large corporate businesses. We know financially based incentives and performance systems don’t work for long-term effective change. In fact, they often have detrimental impacts. So leverage them to initiate the more difficult cultural and values change required in the medium term. 🏜️🏔️🏕️ Over the long term. Align organisational values and benefits with a connection to, reverence for and protection of nature or a key species. As an organisation purchase and protect land in perpetuity. Align organisational success with the success of the ecosystems connected to operations. Align team days out with connections in nature. Show through leadership, experience and values the interdependence of organisational success with thriving natural ecosystems. Imagine if every large corporation took responsibility for an umbrella or keystone species in Australia. How do you imagine our ecosystems and organisations might look? #Regenerative #Sustainability #Climate #TransitionDesign
In 2020, just 10% of ASX200 companies linked executive remuneration to climate performance; now that figure has jumped to 54%. But are such linkages effectively driving decarbonisation? Pollination's Zoe Whitton and Rebecca Mikula-Wright from Investor Group on Climate Change (IGCC) write in today's The Australian Financial Review that the absence of clear transition planning is limiting the effectiveness of many such efforts. What can companies and leaders do to make such linkages more effective? Pollination and IGCC's report sets out principles that can drive success and then benchmarks leading Australian companies against those principles. Read the opinion piece at https://lnkd.in/gPpjzrhk Check out the full report at https://lnkd.in/gKtTc8kE #netzerotransition #sustainablebusiness #executiveremuneration Georgia Monaghan Mitchell Shannon Fergus Pitt Max Hamra Erwin Jackson Richard Proudlove Bethany Noble
