Katy George’s Post

Our annual ESG report always leaves me inspired! 620 new businesses have been created by Leap by McKinsey since 2019, including 20+ unicorns or decacorns. More to come here, but needless to say we are pumped about this impact. Dialing into the year-by-year data, in 2023, we helped scale 147 businesses who created 16,500 new jobs.  What I love most about this achievement is how many of these jobs are green ones. Business building is a huge focus for leaders right now - half rank it as top three priority for this year - and I’d encourage any CEOs and other leaders in my network to look through our report and to see how we are promoting and helping businesses achieve sustainable, inclusive growth. https://lnkd.in/euKCJkrz #McKinseyDigital #LeapbyMcKinsey #NewBusinessBuilding #Sustainability

US Public Company CEOs Are Getting Younger. While most CEOs of US public companies are 50 years or older, the percentage of CEOs in the Russell 3000 who are in their 30s and 40s is rising. The percentage of CEOs who are 40–49 years old increased from 13% in 2017 to 16% in 2023, while the percentage of those who are 30–39 grew from 1% to 2%. The recruitment and appointment of younger CEOs places an increased responsibility on the board of directors to ensure they have the necessary strategic capabilities and governance practices in place to support the CEO and serve the company. Access our Live Data Dashboard at: https://lnkd.in/ev4mxmdz The Conference Board ESGAUGE - ESG Intelligence & Analytics Heidrick & Struggles #CEOsuccession #corpgov #esg

💡 Diversity drives Success, even in Boardrooms ! 🚀 Checkout this #HBR post about how Diversity, Equity and Inclusion (#DEI) can transform boardrooms for performance and ESG excellence. 🔹Based on a 15-year data analysis of the S&P 1500, the research supports a game-changing fact: diverse leadership leads to higher environmental ratings, per ESG-giant MSCI. 🔹The recipes for success are, not surprisingly, the experiences and perspectives brought by diverse board members. 🔹Looking ahead, the message is clear:  prioritize DEI for a sustainable corporate future. 💯 As non-exec board member, I can’t stress enough that diversity in corporate boardrooms goes beyond a moral imperative: it's a strategic advantage in today's dynamic and challenging business landscape. By bringing together individuals from diverse backgrounds (both socioeconomic and cultural), demographics, experiences and perspectives, boards can: 👉🏽 factor in more determinants, ranges of perspectives and voices, hence make more informed and game-changing decisions (Vs the “groupthink” risk posed by endogenous, like-minded boards), 👉🏽 strengthen their risk management capabilities (Vs the risk of suboptimal decision-making and missed opportunities for innovation and growth caused by less diverse executives groups), 👉🏽 grow collectively by tapping into a broader talent pool, 👉🏽 last but not least, it’s a win-win ESG equation that goes beyond pure marketing display of a company's commitment to ethical practices and responsible leadership: it’s practical diversity and inclusion at work! So DEI in the boardroom isn’t just a buzzword. For companies, it’s the secret sauce for outperforming their peers in terms of innovation, profitability, and sustainability! 📈🌍 Will try to find out if there are similar research papers for France or Europe.   #DEIforSuccess #BoardDiversity #ESG #Leadership #Performance 

Thrilled to share that I've collaborated with my colleagues Amy Sanford, Karen Cunningham, Franz Gilbert, and Samu Eskola on an insightful new blog! We've explored the critical role of the CHRO in today's era, where ESG transformation is more crucial than ever. Discover our thoughts on bridging the say-do gap and driving meaningful change. Check it out! How can #CHROs help their organizations turn words into action for ESG success? Start with these 3 steps on Deloitte's #CapitalH blog.

C-SUITE.....DO THEY TRULY LEAD BY EXAMPLE.... Despite the significant growth of ESG and impact investing, a gap remains between the professed commitment to sustainability and its actual implementation. An investor with over two decades of experience in private markets shared their frustrations with me. Although passionate about social impact, they've encountered cultural barriers within their firm, including inappropriate comments from senior leaders. The key issue is the alignment of values from Fund Managers through to their respective C Suite and underlying investors. This sentiment is widely echoed among senior ESG leaders globally, many of them are disillusioned with the lack of genuine commitment. As investment in ESG and Impact continues to rise, it's insufficient for department heads merely to endorse policies. The entire C-Suite must actively engage and embody the principles of diversity, respect, and responsible investing. Future leaders will be distinguished by their ability to foster diverse teams united by a common purpose, rather than merely giving lip service to these ideals. #privatemarkets #realeassets #impactinvesting #esg #responsabileinvesting #diversity Neil Farrell Stephanie Thompson Matt Baty Tatiana Dupont Farrell Associates | Certified B Corp™

In this complex environment, it is hard for CEOs to “stand their ground” on their commitment to people, planet, and profits. This is why Corey Jones JeanAnn Nichols and I wrote Intentional Power: The 6 Essential Leadershio Skills for Triple Bottom Line Impact. The new reality of corporations is that existing to drive profits alone is not enough. The new reality for leaders is the succeeding by driving more profits to the bottom line is not enough. This means that to lead in this new world of work - to lead beyond just profit as a business objective and a leader’s motivation - you need new skills including humility, empathy, accountability, resiliency, transparency, and inclusivity. HEARTI is the anacronym. These 6 skills are the essential POWER skills for modern leaders. Leaders at every level MUST be focused on people, planet AND profits. Lead on!

A sound ESG #strategy can help organisations achieve long-term, sustainable growth. Take our #2024 #GCC ESG Survey to gain valuable insights and benchmark your practices against industry leaders. This survey will take 15 minutes to complete and is designed to gather #insight on important topics, including: ·         Core issues concerning #boards and #CEOs ·         How material #ESG factors are being identified ·         Approaches to communicating and disclosing progress ·         Managing accountability ·         The role of #rewards and #incentives in decision making ·         Focus areas for #diversity, #equity and #inclusion (DE&I) Start #survey now: https://lnkd.in/dgk3_wxE Paul Zoghbi | Devung Mahajan | George Broniszewski | Vamsi Srinivas

The evolving #ESG landscape faces high-interest rates and #geopolitical tensions. However, #investments in the sector continue. Rajat Gupta, Senior Partner, McKinsey & Company highlights that in the last six months alone, 60 new #climateunicorns have emerged and outlines priorities for organisations working towards building #greenbusinesses. #McKinsey