The Edge Malaysia

Malaysia’s Rooftop Estate Offers Valuable Solar Potential

In The Edge Malaysia, BCG’s Marko Lackovic and Jaime Ruiz-Cabrero discuss the increasing switch to renewable energy in Southeast Asia, specifically solar photovoltaics (PV). Annual installation of solar PV is expected to reach more than 160 gigawatts globally in 2022; because of Malaysia’s significant urban rooftop real estate, it is positioned to offer more than 4 gigawatts of solar potential across public, commercial, and industrial rooftop spaces. While there are still physical limitations, such as installation challenges, the authors write that nuanced and localized strategies can help overcome these hurdles, creating “remarkable opportunities for power industry operators and consumers alike.”

Forbes

The Definitive Guide to Making “Hybrid” Meetings Work

In her Forbes column, BCG’s Deborah Lovich shares six ways to optimize meetings amid hybrid work. Lovich stresses the importance of avoiding hybrid interactions—specifically regarding Zoom meetings—in order to maintain inclusivity. She also urges employees at every level to continue learning new tools, to preserve Zoom norms, and to create hybrid schedules as a team. “We’re all learning in real time,” says Lovich, encouraging teams to evolve and experiment.

Financial Times

BCG Reduces Business Travel to Lower Its Carbon Emissions

BCG’s Mai-Britt Poulsen tells the Financial Times that, as part of its efforts to reach net zero by 2030, the firm will reduce air travel for internal staff and recruitment events. The move is enabled, in part, by the increased focus on online training during the COVID-19 pandemic; with business travel accounting for more than 75% of many firms’ carbon footprints, BCG is making an active effort to drastically decrease its carbon emissions by 2025.

CNN Business

3 Ways Companies Can Help Advance Racial Equity

In a coauthored guest commentary for CNN Business, BCG’s CEO Rich Lesser explains why corporations and foundations have been slow to turn the $11 billion they have pledged in support of racial equity causes into real-world investments. The authors address three things corporations can do to develop new models for partnering with organizations that promote racial equity—and with other likeminded companies—to maximize their commitments on that front. These include taking a holistic and long-term approach, breaking down silos, and establishing clear metrics to measure impact.

CNN

BCG’s CEO Says Climate Must Be a Top Business Priority

In response to the UN’s recent climate report, BCG’s CEO Rich Lesser joined CNN to urge businesses and governments to work together to avoid the gravest consequences of climate change. His advice for companies is to increase their ambitions, setting the fight against climate change as one of their top three business priorities. Executives should follow through by creating measurable goals, evaluating their entire supply chains, building the fundamentals—including how to allocate capital and retrain departments—and playing an active role in public advocacy. Lesser says industries must work together to bear the financial costs of such a transformation so the effect on the consumer remains low.

Harvard Business Review

Has the Delta Variant Disrupted Your Office Reopening Plans?

In a coauthored article for Harvard Business Review, BCG’s Deborah Lovich shares six principles to guide office reopening decisions amid a new surge in infections from the Delta variant. Lovich and her coauthor write that, instead of mandating a return to office, leaders should let teams decide what works best for them to help build an environment of trust and mutual accountability. The authors also suggest that leaders become more adaptive and improve communication with employees in order to strengthen corporate culture and shape the future.

Fortune

Synthetic Biology Could Help Business Save the Planet

In Fortune, BCG’s François Candelon and Matthieu Gombeaud, along with BCG alumna Georgie Stokol, discuss how startups are enabling the synthetic biology revolution by creating new competitively priced processes and products that are more sustainable. According to an analysis by the BCG Henderson Institute, synthetic biology could disrupt industries that account for as much as 30% of global GDP by 2030, as companies come to grips with this emergent technology. The authors encourage CEOs in every industry to take five steps to capitalize on the financial and environmental benefits generated by synthetic biology technologies.

Forbes India

Responsible AI: Putting Humans at the Center of Artificial Intelligence

BCG’s Sumit Sarawgi and Sumit Arya write in Forbes India that, as organizations increasingly leverage artificial intelligence (AI) systems, it is critical to develop fair and unbiased responsible AI (RAI). According to a BCG report, 55% of organizations overestimate the maturity of their RAI systems. Sarawgi and Arya break down the distinct stages of RAI maturity (lagging, developing, advanced, and leading) and share four action items organizations can use to strengthen their systems.

Business Insider

Hybrid Work Models are Key to Attracting Gen Z Talent

To attract Gen Z talent, companies need to embrace hybrid work models. BCG’s Kristi Woolsey explains to Business Insider that employers must work with their employees to find the right balance when creating their hybrid model. Woolsey identifies four worker archetypes which employers can use to determine where employees are most effective; companies can then devise hybrid schedules that maximize productivity while providing an employee experience that helps retain top talent.

China Daily

Key Components of the Net Zero Roadmap

BCG’s Xinyi Wu speaks with China Daily about the “Corporate Net Zero Pathway” report coauthored by BCG and the United Nations Global Compact. The report outlines the key components needed for companies to reach net zero, including emissions inventory baselining and setting emissions reduction goals. Wu describes various decarbonization options for different industries. He also urges firms to translate the Paris Agreement’s broad goal of limiting global warming to below 2 degrees Celsius into “actionable reduction targets.”

The Hindu Business Line

The Key to Viable PPP’s in Agri Infrastructure

In The Hindu Business Line, BCG’s Shushma Vasudevan, Aparna Bijapurkar, and Sidhant Jain write about investing in India’s postharvest infrastructure as a remedy for disrupted supply chains in the agriculture sector. They explain that doing so would enable farmers to reduce postharvest management costs and food waste and improve price realization. The authors argue that district investment accelerators could be the key to creating successful and viable public-private partnerships to help build postharvest infrastructure.

Forbes

Why Flex Jobs are Next Big Thing for the Future of Work

In her column for Forbes, BCG’s Deborah Lovich discusses how the pandemic fueled the rapid growth of flexible jobs, particularly gig work. One difficulty gig workers face is they struggle to feel like part of the company—a problem BCG sought to resolve by establishing a talent pool of gig-type workers made of BCG alumni. Lovich describes flex jobs as one of the most interesting and promising new forms of work for both companies and employees.

The Australian Financial Review

The World’s First Carbon Border Tax

In The Australian Financial Review, BCG’s Tim Figures discusses the potential backlash against the European Union’s climate initiatives. He comments on the EU’s plan to enact a carbon border tax in 2023. According to Figures, companies in Australia must better understand the carbon footprints of their production processes and supply chains as global trading systems become increasingly linked to climate action.

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