Sustainable Markets…Why are they so hard to sustain?

Sustainable Markets…Why are they so hard to sustain?

April 14th, 2022 | Edition 10

Good Morning,

April showers bring… what? So far, unrelenting global superpowers, soaring gasoline prices, and unpredictable lockdowns. At this point, we can only hope for May flowers.

Today, we share articles that discuss the difficulty of scaling sustainable markets, work to understand Earth Day, DE&I strategies, and more. We also highlight this week’s Transformative or Traditional episode, and an upcoming event on climate reporting brought to you by Goodwing.

Thanks for reading, and see you next week.

– Lauren Carson

Latest In Systems Change

FORECAST | ACTIONABLE INSIGHT

Why Can’t We Scale Sustainable Markets?

In an episode of her podcast, Supply Chain Revolution, Sheri Hinish asked the critical question about all the innovation taking place around markets for sustainable products: “Why aren’t these ideas scaling?”

Like Hinish, I cannot understand why society continues to perpetuate unsustainable markets producing products that pose a clear and present danger to our future.

Consider:

We do not lack for human suffering or societal crises to bring a sense of urgency to doing away with the outdated markets of today and changings the systems under which markets operate.

We do not lack for smart, talented people driven to make the world a better place.We do not lack for game-changing inventions and powerful technologies.

We do not lack for money. For example, research by Bloomberg found that global assets managed under an environment, social, and governance (ESG) framework will reach $53 trillion by 2025 – roughly one-third of all money invested around the world.

We long ago should have done away with coal-fired power plants, gas-guzzling vehicles, chemicals in our food, and t-shirts that each require over 700 gallons of water to produce.

Yet here we are in 2021 – still not adopting markets that offer a clearly superior alternative. Even worse, all of us remain dependent on every one of those inherently unsustainable products to live our lives. We may own a Tesla and have solar panels on our roof but we continue buying cotton t-shirts shipped to us by Amazon in cardboard packages that are delivered by fossil fuel-powered ships, jets, trains, and trucks. I, for one, am guilty as charged.

To find an answer to that perplexing and troubling disconnect, I have started work on my next book – Market Makers. This book will be a sequel to my first book – Transformative Markets – and will explore a number of sustainable markets to better understand their ability to scale into something transformative that achieves the vision of systems change I discussed in previous posts on systemCHANGR.

The markets I will look at will include wind and solar power, vertical farming, carbon capture and storage, and circular fashion, to name a few. It is my hope that Market Makers will be an honest assessment of what is, and what is not working when it comes to accelerating the development of markets for sustainable products.

While the research used in writing Market Makers will provide clear, actionable insights and recommendations for how to spur the development of sustainable markets, the book also leaves room for inspiration and optimism.

Its goal is to bring the reader into the groundbreaking work of innovators and entrepreneurs on the front lines of these markets. They have turned their passion and knowledge into goods and services to be used by all of us so that we achieve a tomorrow that is healthier, more sustainable, and more equitable than what exists today.

Reporting by Bob Ludke

Weekly Reads

Earth Day: Understanding what cannot be understood
As Earth day approaches once again, we are drawn to Jennifer van der Meer‘s article; written during the early months of the pandemic-that-must-not-be-named. Read it here.
#RISK founder Nick James in conversation with Kimberly Cole
Cole, a #RISK ambassador and founder of Risky women, speaks on encouraging women in male-dominated roles, leadership in ESG, regulation overload, and more. Video and transcript here.
When it Comes to DE&I, There are no Shortcuts 
Daniel Oppong, in collaboration with Lauren Southard and Marissa Lambert from the Daggerwing Group, discuss effective DE&I strategies. How can hiring, brand position, and a variety of other organizational attributes weave into the strategy? Read here.
Why Foodshoot Global is Putting Bioactive Foods at the Center of Human, Planetary, & Societal Health
Take a look a Jennifer Marston‘s recent article on bioactive foods, why they are so interesting for health experts, and whether we can expect to see them in aisles near us. Read here.
Impact Holding Company Strategy | Tyler Wood | 2022 WGS
Tyler Wood, who specializes in ESG, SDG, Circular Economy, and much more, was featured at this year’s 21st Wall St. Green Summit; listen to him speak on decarbonization and electrification here.

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