FROM SUSTAINABILITY TO REGENERATION
Learn more about the difference between sustainable and regenerative companies
Most of the sustainable companies have the following approach:
1. Do less harm
2. See the Earth as a resource
3. Consider their company’s mission as static
4. Adopt a competitive winner-takes-all mindset
5. Think short-term placing profit at the core
6. Perpetuate status quo by protecting the interests of “business as usual”
7. Are not necessarily connected to place and community
8. Preserve traditional forms of top-down power
9. Mainly focused on quantitative and incremental, siloed changes
Regenerative businesses have a holistic approach encompassing a 360° degree perspective:
1. Do more good
2. See themselves as part of Earth’s living systems
3. Consider their company as a living system with an evolutionary purpose
4. Adopt a collaborative value-for-all mindset
5. Think long-term as custodians of future generations
6. Challenge the status quo disrupting traditional way of doing business
7. Respect locality including community, biodiversity, bio-regions and culture
8. Foster empowered participation, equity, and redistribution
9. Embrace qualitative and systemic transformation
RESPECTING PLANETARY BOUNDARIES
In an overshoot world, we have to go beyond Sustainability. The time has come for a new conversation about the role and responsibilities of business.
We’re well past the point that prioritizing Sustainability makes sense. The great challenge of our time is now to restore our planet’s health and regenerate her ecosystems. That means doing a whole lot more good.
THE RISE OF POSITIVE IMPACT COMPANIES
Positive Impact Companies (PICs) have emerged in recent years as a new way of doing business. PICs adopt a 360° approach and have a social and environmental purpose at the core of their businesses. They go beyond current notions of sustainability, shifting our economy away from its roots of extraction and
exploitation towards caretaking and Regeneration. They operate at a human scale and put people and planet first.
PICs build on the success of Social Enterprise, first introduced as a concept in the early seventies. In the 2000s, we have witnessed the emergence of mission-led businesses, including Benefit Corporations, embedding stakeholder capitalism, and environmental and social governance (ESG).
Today, we see the number of mission-led businesses has grown at an accelerated rate and now includes multinational companies and Fortune 500s. Positive Impact Companies are the disruptive and emerging new corrective force at the leading edge.