"Business is an extraordinary power to do good."
This quote by Paul Polman suggests that businesses, beyond their primary functions, have a significant potential for positive impact on society and the environment. By acknowledging this power, businesses can make conscious decisions to use their resources, influence, and reach to address social and environmental challenges, thereby contributing to the greater good.
"The time for sustainable value creation has come."
This quote by Paul Polman emphasizes the urgency for businesses to prioritize sustainability in their operations and decision-making processes. Sustainable value creation refers to the long-term prosperity of a company that considers the economic, social, and environmental impacts of its actions. In essence, it's about creating profits while making positive contributions to society and protecting the environment. The "time" he mentions signifies an immediate need for this shift in business strategy, as sustainability is no longer just an option but a necessity for long-term success.
"We don't need to choose between doing business and saving our planet – we can do both."
This quote emphasizes the idea that sustainable business practices are not only possible but essential for a thriving economy and environment. It suggests that businesses should strive to minimize harm to the planet, not because it's optional or idealistic, but because it's necessary for long-term success. In other words, the future of our planet and the profitability of businesses are intertwined; by addressing environmental challenges through innovative and responsible business models, we can foster economic growth while preserving our planet for future generations.
"The old industrial model of business is over, and the new one will not be about shareholder primacy."
This quote by Paul Polman suggests that traditional business models, which prioritize maximizing profits for shareholders above all else, are outdated. Instead, he proposes a new model of business where profitability is still important but balanced with other stakeholders' needs such as employees, customers, the community, and the environment. This shift signifies a move towards more sustainable and socially responsible businesses that align with modern societal values and expectations.
"Inclusive business can create shared value for companies, society, and individuals in a win-win-win fashion."
This quote by Paul Polman emphasizes that inclusive business models are beneficial for all parties involved: businesses, society, and individuals. These models aim to achieve a trifecta of success where the company prospers (profit), society benefits (positive impact), and individuals, often from underserved communities, gain opportunities for employment and economic growth (social inclusion). It's a win-win-win scenario where corporations can address social issues while growing their businesses sustainably.
More and more businesses are seeing the potential of a more sustainable business model, driven both by the firm belief that business can be a force for good and by the realization that the cost of inaction often exceeds the cost of action - notably when it comes to the growing threat of climate change and water scarcity.
- Paul Polman
At the end of the day, people will follow you or people will be energised by you if they buy into your vision or purpose. So the most important thing is to be true to yourself. That's why I would say to be a great leader - you, first and foremost, have to be a great human being. And sharing that purpose and sharing the values.
- Paul Polman
Every few decades, we have an opportunity to make a drastic change to the way we live our lives. We get a chance to design the building blocks of our daily routines, the infrastructure that will support and accompany us for the years to come - from the trains and trams we ride, the offices we work in, to the energy that powers our homes.
- Paul Polman
The commitment to put an end to illegal deforestation and develop sustainable alternatives for commodities like palm oil and soy, for example, is an inspiring illustration of what can be achieved when governments and industry partners come together determined to bring about transformational market-wide changes.
- Paul Polman
I believe that the financial crisis of 2008/9 exposed more a lack of ethics and morality - especially by the financial sector - rather than a problem of regulation or criminality. There were, of course, regulatory lessons to be learned, but at heart, there was a collective loss of our moral compass.
- Paul Polman
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