"In business, there's one skill no leader would dare neglect: the financials. Financial literacy, like understanding a balance sheet, cash flow, or P&L, is one of the foundations for decision making. As climate change rewrites supply chains, consumer demand, and regulation, another fluency is becoming just as essential. Climate literacy will protect business growth and resilience, while leaders who ignore it are being left behind."
"Sustainability data is not just for sustainability teams. Instead of climate data living in a silo, it must become embedded in decision making across the business, reflecting how financial data is key to core business decisions and has many applications beyond the finance team. We're already seeing the shift in action. Retail teams are not only generating science-based impact data with Vaayu, but actively using it across functions."
Financial literacy remains foundational, and climate literacy is becoming equally critical as climate change alters supply chains, consumer demand, and regulation. Climate literacy enables leaders to identify emissions risks, distinguish genuine emissions reductions from greenwashing, and integrate environmental data into investment and operational decisions. Sustainability data must be embedded across functions, not confined to sustainability teams, to influence product design, logistics, and marketing. Product-level footprint analyses reveal material hotspots and end-of-life impacts and point to needs for circular solutions and improved disposal practices. Measuring ROI and balancing short-term targets with long-term resilience are essential for sustained business growth.
Read at Fast Company
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