In this episode, host Chris Caldwell sits down with Alison Taylor, Clinical Associate Professor at NYU Stern School of Business and Executive Director of Ethical Systems. They discuss the crucial role businesses must play in tackling climate change and other environmental, social, and governance (ESG) challenges. Key topics covered: 💎 The importance of reconnecting ESG to ethical decision-making within companies 💎 How businesses can attract and retain younger employees who prioritize ESG issues 💎 The growing significance of reputation risk and the need for more compassionate relationships with stakeholders 💎 Practical steps businesses can take to embed sustainability and ethical practices into their operations.   "There is a camp on the right that says all this ESG stuff is just woke; it's just sell socialism; we need to go back to Milton Friedman. we need to go back to basics; we need to forget about all this stuff and start thinking about shareholder value. But really, good luck hiring or retaining anyone under 30 if you're going to make those kind of arguments." "If we have a more interactive, and compassionate relationship with younger generations, I think we'll make better decisions about how we run our corporations. Our metaphor for the corporation has been that it's like a self-interested, profit maximizing black box. People often say if a corporation was a person, they'd be a psychopath. An organization isn't a person. It's a social system." Alison Taylor provides valuable insights on the future of business and sustainability, underscoring the urgent need for companies to take a more proactive and responsible approach to addressing the climate crisis and related ESG concerns.   References: https://www.alisontaylor.co/ https://www.linkedin.com/in/followalisont/   This episode of Conversations on Climate is a podcast brought to you by UNITED RENEWABLES. We bring together the best minds from academia and business, to offer their experience and expertise in the face of climate change – from game theorists to corporate diplomats, and oil industry veterans to micro-algae entrepreneurs.  For more top-quality interviews with our incredible guests, subscribe to our YouTube channel or follow us on Twitter. We’d love to have you join us! Don’t forget to share with your colleagues, friends, and family. We would love to hear your opinions and feedback, so please leave your comments on our platforms.   We talk about how the scope of the challenge before us is beyond that of any one individual or any one solution. We listen to thinkers, researchers, policymakers, and business leaders. They discuss a diversity of ideas and solutions to global climate and environmental issues and why they matter.   Season 3 is presented by Chris Caldwell and produced by UNITED RENEWABLES.   Tune into both the video and audio versions of this podcast NOW: https://www.unitedrenewables.co.uk/podcast   Please visit our YouTube channel, where all of our Conversations are available for you to enjoy. SUBSCRIBE TO THE CHANNEL HERE: https://bit.ly/3GZpd7R  and ring the notification bell.   Join us on Twitter: https://bit.ly/3MnhuSf  Join us on Facebook: https://bit.ly/3Q5UKcj  Join us on LinkedIn: https://bit.ly/3tFEnK3    #leadership #organisationalbehaviour #climateaction #renewableenergy #conversationsonclimate #politics