Key Takeaways
- Over 5,400 participants convene at LESA 2023 to discuss innovative solutions for climate change, income disparity, and resource depletion
- Differing definitions of sustainability pose challenges in implementing universal ESG principles
- Proper collaboration, monitoring, and systemic changes are crucial to achieving sustainability
A Gathering of Innovators and Visionaries
The recently concluded Leadership for Enterprise Sustainability Asia (LESA) 2023 Conference, organized by the Asia School of Business (ASB), brought together more than 5,400 attendees with diverse ideas and innovations to combat climate change, income disparity, and resource depletion. The event featured globally renowned business theorist W. Chan Kim, MIT Media Lab scientist Kate Darling, and Earthshot Prize CEO Hannah Jones, among others.
Sponsorship and Support
The event was made possible through the support of exclusive ILEA Sponsor Maybank, Gold sponsor Petronas, Silver sponsors Teradata and Vale, and Bronze sponsors FIDE Forum and Sarawak Energy.
Innovate Now or Pay Later
A central theme of the conference was the need for businesses to innovate in response to sustainability demands. Keynote speakers stressed the importance of resilience and adaptation to climate change, urging companies to actively participate in creating sustainable policies rather than being subject to decisions made by others.
Sustainability: A Complex, Multifaceted Challenge
The conference highlighted the lack of a universal definition of sustainability, making it difficult for some companies to meet benchmarks set by various monitoring bodies. This issue could discourage businesses from fully embracing environmental, social, and governance (ESG) principles, and hinder the effectiveness of sustainability measures.
Implementing ESG: A Systemic Approach
For real progress, the conference emphasized that systemic changes must be made at all levels of an organization. Implementing ESG is not a cosmetic change but requires collaboration and monitoring to achieve genuine sustainability.
The Conversation Continues
While LESA 2023 successfully brought together industry leaders and global citizens, the need for more ideas, innovations, and action remains apparent. Events like LESA play a vital role in ensuring that sustainability remains at the forefront of the global agenda.
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