How Business Can Improve the World, Not Just the Bottom Line | Esha Chhabra | TED

"Sustainability has become more marketing than action," says environmental business journalist Esha Chhabra. Challenging conventional business models solely focused on profit, she shares how regenerative companies that embed purpose into every facet of their operations can drive real change - and make things better for people and the planet.
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[@beautifullifemedia2733]

What she is preaching is crucial! Listen to this lady. God bless her.

[@johnmcmillan7358]

Amen. Bottom line-based business policies clearly are not working to make this planet a livable place for all its inhabitants. Let's try something different, one company at a time. The term progress needs to be redefined.

[@tomaszzielinski4521]

It's all cool and noble as long as you own the company and make all decisions. Once you sell your shares to individuals and funds from the other side of the world, you lose that control. And new owners are only concerned about their profits and may not even be aware of what kind of business backs up their dividends.

[@belaytriks]

​@@JohnBrownsBody64920 why?

[@MandyBB]

Don't gotta join the stockmarket to have a healthy, thriving business. Again, it's about asking "How big is big enough?"

[@potapotapotapotapotapota]

wonderful TED talk, you put into words what we're all thinking

[@ting1980s]

All the good questions in the end and love the focus on solutions and examples rather than negative facts

[@buggenkeyed]

Great words 🎉❤

[@rickveer]

Interesting facts 🎉🎉🎉

[@marksusskind1260]

the prevailing notion is that only more is enough

[@Tomoya575]

For some discussions, balance sheet basis issues are to be solved by the bottom line business piece back from the existing ones, a bit so much vested any way.

[@MandyBB]

To all the naysayers in the comments saying "this won't work because..." None of the businesses she listed are on a downward trend. It can work. Other companies need to evolve or their only endgame is eating eachother alive.

[@micahcabrera4637]

I like her message, but the reality is that the people doing business this way are the people already oriented toward the values being espoused here. In a talk about impact, preaching to the TED choir looks highly intentional. I'd be more interested in a conversation about how alternative incentive structures could influence those who don't hold egalitarian values toward having socially beneficial impact.

[@trevorsakameya7232]

Amazing

[@egyptwns89_26]

There are a lot of businesses out there who claim to be solving problems. It's the bandwagon fad now (kind of like in the 60's and 70's). I think the real problem that needs to be solved is, "Is this practical or impractical?".

[@praneetk1991]

Winrar did it. The secret is to become a meme.

[@niccolom]

Or how about benefit the world AND have infinite growth? Anyways, an organization that isn’t for-profit is, pretty frankly, a not-for-profit organization. They already exist, and you can definitely start one yourself. The problem is, to benefit the world, you need massive amount of money. That’s because the cheap stuff has already been done by other people and/or other not-for-profits. What you need to acknowledge is that, your issue begins with the investors, not the companies’ top management. If you can somehow convince the investors to forego profit in order to benefit the world, go ahead. But before that happens, don’t blame the companies for going for profit. It’s the investors’ fault for being in it only for money.

[@LetsGetSmarted]

Any business that does not prioritize the bottom line will be outcompeted by another business that does.

[@capnjackdaniels3663]

It's a race towards oblivion

[@noparnel1]

The race to oblivion/bottom is our current business culture. We need to change.

[@dariobigongiari875]

It's definitely though, ever heard of Patagonia or in a certain sense Tesla?

[@Kamilzemlyanin]

Becoming monopoly and buying other company, and also privatized government

[@MandyBB]

"Making sure we're profitable" doesn't need to come of the expense of everything else. It's balance and it's figuring out at what point you're willing to go "this is big enough"

[@bandwidthpiggy9378]

You would need to remove the legal requirement that publicly traded companies need to be making decisions that benefit shareholders. Without that, even the best intentions will fall to legal mandates of minmaxing profits for investors.

[@meanderinoranges]

The legal requirement isn't necessary in the first place. Shareholders will always sell shares in a company that doesn't prioritize profits, and buy shares in a company that does.

[@unholyrevenger72]

@@meanderinoranges the requirement exists to protect investors from predatory investment bankers.

[@unholyrevenger72]

Not remove, people do need to be protected from predatory investment bankers. It just needs to be... adjusted. Like a "Decaying rate of return" so investment bankers are pushed to reach for a profit when returns are low, not in percentage points mind you, but in hard numbers. However once the return surpasses the countries average personal income. That mandate falls off.

[@meanderinoranges]

@@unholyrevenger72 again, unnecessary nannyism. Buyer beware.

[@tierrasworld]

You asking us why and should be asking the government why they doing what they doing to us and why aren’t all businesses going global. So much hidden from us for a paycheck

[@mariaantoniettamontella9173]

applausi

[@user-ew8xj5pg7y]

God loves you and takes care of you so that this message reaches you. God is the one who created this great universe and has complete control over it. And the greatest loss that a person loses in this life is that he lives while he does not know God who created him, knowing the Messenger of Muhammad, the last of the messengers, and the Islamic religion, the last of the heavenly religions. The great intelligence, before you believe in something or not, is to read it, study it, and understand it well, and then you have the choice to believe in it or not. I advise you on this now before you do not have time to do that.

[@JCOwens-zq6fd]

These corporations need to mind their business & stop trying to force publuc behaviours or the publuc will remove them.

[@MandyBB]

What "public behaviors" are these companies in the video pushing on us?

[@amitkumar-yv8pl]

India is faster groth is slow but international market and india bed heath over economic bad

[@meanderinoranges]

We've all seen what happens to companies who put politics ahead of financial success. CNN, Anheuser-Busch, and Disney are some examples.

[@gregbors8364]

I can’t speak for the other two but Disney has been losing money by glutting the market with terrible product. (I presume you’d prefer to blame it on “woke culture” instead)

[@meanderinoranges]

@@gregbors8364 call it whatever you want, Disney's products have become terrible because they're shoehorning their politics into everything.

[@meanderinoranges]

@@gregbors8364 call it whatever you want, I don't care. But cramming p0litics into products almost always ruins the products.

[@cash_burner]

You need infinite growth because that’s how capitalism needs to survive

[@dariobigongiari875]

What about some change?

[@poornimavamsiacademy8025]

Hi Esha, I left a connect message on LinkedIn and would love to connect with you, to chat and share experiences on what I do and how I can be part of this global transformation that you are so earnestly working on.