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Business leaders & the environment post-pandemic

Kevin Sneader, global managing partner for McKinsey & Company, explains why businesses should continue to invest in the environment.

How should businesses think about the environment in a post-pandemic world?


For many, the environment was the issue at the turn of the year. Indeed, CEOs rushed back from Davos to proclaim that now there was really going to be action on the environment. But as stimulus packages have come and gone, as unemployment has soared to high levels, and as a depression has set in, the question must be asked, does the environment merit its place as a top priority?

I think the answer is yes. It may be different from the contagion risk that we've seen, but it is an accumulation risk. It's getting worse over time and ultimately it could kill. That's why many businesses have decided and continue to invest behind their environmental initiatives. That's why many governments have linked stimulus packages to investment in green efforts. It's why some call for a Green New Deal. It's why we do see that investors continue to underscore the E in ESG.

Business leaders will continue to find ways to invest in the environment, even if in the immediate term, their number one priority, of course, is to keep their businesses afloat and get their employees back to productive work.

Khant Thaw Htoo is a young engineer who works in Eni's Sakura Tower office in the heart of Yangon. As an HSE engineer, he monitors the safety and environmental impact of onshore and offshore operations. He also looks out for his parents' well-being, in keeping with Myanmar's traditions.

Learn more about Khant in the final episode of the Faces of Eni series, which focuses on Eni's employees around the world.

Over the weekend, some 40,000 Russians braved subzero temperatures to turn out in the streets in support of imprisoned Kremlin critic Alexei Navalny. More than 3,000 protesters were arrested, and Navalny called on his followers to prepare for more action in the coming weeks.

But just who is Alexei Navalny, and how significant is the threat that he may pose to Vladimir Putin's stranglehold on power in Russia?

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The United States has never been more divided, and it's safe to say that social media's role in our national discourse is a big part of the problem. But renowned tech journalist Kara Swisher doesn't see any easy fix. "I don't know how you fix the architecture of a building that is just purposely dangerous for everybody." Swisher joins Ian Bremmer to talk about how some of the richest companies on Earth, whose business models benefit from discord and division, can be compelled to see their better angels. Their conversation was part of the latest episode of GZERO World.

Ian Bremmer's Quick Take (part 1):

Ian Bremmer here, happy Monday. And have your Quick Take to start off the week.

Maybe start off with Biden because now President Biden has had a week, almost a week, right? How was it? How's he doing? Well, for the first week, I would say pretty good. Not exceptional, but not bad, not bad. Normal. I know everyone's excited that there's normalcy. We will not be excited there's normalcy when crises start hitting and when life gets harder and we are still in the middle of a horrible pandemic and he has to respond to it. But for the first week, it was okay.

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Ian Bremmer's Quick Take:

Russian opposition leader Navalny in jail. Hundreds of thousands demonstrating across the country in Russia over well over 100 cities, well over 3000 arrested. And Putin responding by saying that this video that was put out that showed what Navalny said was Putin's palace that costs well over a billion dollars to create and Putin, I got to say, usually he doesn't respond to this stuff very quickly. Looked a little defensive, said didn't really watch it, saw some of it, but it definitely wasn't owned by him or owned by his relatives.

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The GZERO World Podcast with Ian Bremmer. Listen now.

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