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IoD Scotland Autumn 2021

Institute of Directors Scotland, business magazine, directors

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Spotlight interview: David Miliband<br />

Business needs to lead –<br />

but avoid temptation to<br />

hide your carbon output<br />

Former UK Foreign Secretary David<br />

Miliband didn’t mince his words on<br />

the issue of climate change as he took<br />

part in the opening keynote interview<br />

with journalist and broadcaster Halla<br />

Mohieddeen.<br />

Worldwide, politicians “have had<br />

their heads in the sand” over<br />

climate change, he said,<br />

and the current crisis over<br />

the environment was the<br />

result of “a failure of<br />

leadership for over 30<br />

years ... we’re living in a<br />

vacuum of leadership at<br />

the most dangerous time<br />

since the end of the Cold<br />

War,” he said.<br />

Miliband – now President<br />

and CEO of the New Yorkbased<br />

International Rescue<br />

Committee – told conference that Covid<br />

had highlighted the weakness of global<br />

institutions, and the only response<br />

should be a strengthening of bodies<br />

such as the World Health Organization<br />

and UN groups working on the<br />

environment. If WHO had been properly<br />

funded and had real capacity for global<br />

action, the Covid pandemic could have<br />

been nipped in the bud early: how much<br />

has governmental responses cost the<br />

world since the start of 2020?<br />

He was alarmed by the response to<br />

the recent UN IPCC report on climate<br />

change, which he described as “a red<br />

flag demanding action: we need to be on<br />

a war footing to beat climate change.”<br />

The lack of a co-ordinated response<br />

suggested the lessons of Covid-19 – that<br />

only by working together can we emerge<br />

from the pandemic together – had not<br />

been learned, and he called on business<br />

leaders to make climate change their<br />

number one priority.<br />

Those worried about whether<br />

businesses could afford to make the<br />

transition to carbon Net Zero were<br />

warned that “inaction will cost<br />

considerably more”, using the<br />

devastation caused by recent<br />

flooding in Europe and<br />

wildfires in North America<br />

as his evidence.<br />

Businesses needed<br />

to adopt a policy of<br />

decarbonisation now,<br />

and he was critical of<br />

those happy to adopt<br />

green washing policies<br />

that look good on paper but<br />

achieve little. “Decarbonisation<br />

is the only way forward. You<br />

cannot clean up the planet by exporting<br />

your emissions elsewhere.<br />

“It’s no good thinking you can<br />

compensate for your emissions by<br />

planting a tree or using carbon sinks.”<br />

“Pick metrics you can understand to<br />

measure your carbon footprint and take<br />

steps now to reduce it.”<br />

Too many were content with ‘Happy<br />

Talk’ – a phrase that emerged from the<br />

Vietnam War to describe commanders<br />

who only told their superiors the good<br />

news, leaving out the bad. “We<br />

need action; we need to highlight<br />

progress on carbon emissions without<br />

glossing over those areas where<br />

improvements have not been made.”<br />

He wasn’t optimistic that a solution<br />

could be found but he did point out that<br />

society had “more tools at our disposal<br />

than ever before to come up with the<br />

“A child born<br />

during COP26 will<br />

be 29 by the time the<br />

UK meets its target<br />

of Net Zero... doesn’t<br />

that feel really slow<br />

to you?”<br />

Kate Chambers<br />

answers.”<br />

However, he remained baffled that in<br />

the USA, many still had their heads in the<br />

sand on climate change, “despite record<br />

heatwaves, droughts and wildfires.”<br />

“We must challenge the deniers; speak<br />

truth to power where necessary.”<br />

The response to Covid-19 has been<br />

likened to that of a nation going to<br />

war, and he was adamant that a similar<br />

approached was required on climate<br />

change.<br />

Business has a key role, he stressed,<br />

by using its capacity for innovation.<br />

Businesses sheltering behind high<br />

carbon strategies will be found out,<br />

“either by investors moving away, your<br />

customer base collapsing or you will find<br />

your supply chain disrupted.”<br />

Business leaders should also<br />

remember that they hold great sway<br />

with the government. “The power of<br />

your voice cannot be overestimated;<br />

if business speaks with clarity,<br />

governments will listen.”<br />

He said he was optimistic about<br />

success as he believed people had the<br />

capacity to do great things; what was<br />

important was to “expose and challenge<br />

those who deny the science, confront<br />

the forces that ally with them.<br />

“We have a duty to strangers, to<br />

reassert our common humanity.”<br />

Actionable insights<br />

n Develop your metrics – figure out what you need to<br />

measure. Connect with the help that is out there and learn<br />

from nature while you’re at it!<br />

n Put these issues on your agenda – at every board meeting<br />

(and think of the COP26 baby while you’re there)<br />

n Be honest about where we are – but connect and learn from<br />

those making a difference to give you hope and inspiration<br />

“We need<br />

to expose those<br />

who challenge the<br />

science... we have a<br />

duty to strangers, to<br />

reassert our common<br />

humanity”<br />

David Miliband<br />

<strong>Autumn</strong> <strong>2021</strong><br />

iod.com<br />

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