Announcement for the upcoming: UNEP FI 2011 Global Roundtable sustainability conference that is occurring on the 19-20 October 2011 at the Ronald Reagan Building and International Trade Center, in Washington, DC. This is a biennial, high-level conference that typically attracts a select group of 600 plus sustainable finance and responsible investment leaders and thinkers for an intensive, two-day dialogue.
Meeting the challenges of climate change and a global transition towards a sustainable economy is such a monumental task that it requires the suitable governance structures that are able to channel corporate and other resources toward sustainability. This post covers some of the issues in this important subject including carbon lock-in, shorthand for the “interlocking technological, institutional and social forces…that perpetuate fossil fuel-based infrastructures in spite of their known environmental externalities”. It suggests a four pronged approach combining regulatory requirements, economic incentives for sustainability, public pressures, and finally to restructure the foundations of corporate governance to serve multiple stakeholders.