Similar Stories to How Businesses Are Prioritizing Innovation To Catalyze Climate Solutions on Bing News

Sustainability strategists from five different companies in key industries spoke about how their businesses are working to build sustainable and transformative climate solutions at the inaugural TIME100 Climate Leadership Forum in New York City on Monday. During the panel, moderated by TIME’s Chief Climate Officer Shyla Raghav, the business leaders covered issues of decarbonization, corporate culture around sustainability, and the role and responsibility of the private sector to partner with policymakers. [time-brightcove not-tgx=”true”] The panelists, all of whom represented sponsors of TIME’s Climate Leadership Forum, included Ezgi Barcenas, chief sustainability officer of L’Oréal Groupe; Haley Lowry, global sustainability director of Dow Packaging & Specialty Plastics; Claire Lund, global vice president of sustainability of GSK; Matt Mayrl, vice president of strategy of American Family Insurance; and Mary de Wysocki, chief sustainability officer of Cisco. “Of the $3-5 trillion necessary for climate action, 80% of that will need to come from the private sector,” Raghav said, pointing towards the importance and power of each panelist as sustainability and strategy leaders. Though each panelist represented vastly different companies, from makeup to insurance, Raghav highlighted how they tended to unite around the theme of “innovation.” “We’re a very science based, innovation driven company,” said GSK’s Lund, speaking of the pharmaceutical company’s culture of prioritizing science and thus how it’s “not actually difficult” to focus their efforts on combating the climate crisis and to ingrain sustainability in their culture.

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