NZ Business + Management

Cultivatin­g purpose-driven leaders

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Cultivatin­g purpose- driven leaders and businesses can transform the world and achieve a sustainabl­e future, according to the CEO of Unilever Paul Polman.

Delivering the keynote speech at the inaugural INSEAD The Force for Good Conference in France in October Polman said that businesses represent approximat­ely 60 percent of global GDP, 80 percent of financial flow and 90 percent of job creation.

“Business cannot be a bystander in a system that gives it life in the first place. We cannot find the solutions to these world challenges if we don't start to do things differentl­y and see things differentl­y.”

A media release from INSEAD says Polman demonstrat­ed how Unilever’s ambitious vision to fully decouple growth from its overall environmen­tal footprint and to increase its positive social impact has not only brought sustainabi­lity and positive social impact to the table, but simultaneo­usly created twice the market growth and 300 percent shareholde­r return to Unilever’s bottom line over a 10-year period.

“With two and a half billion consumers using Unilever’s products every day in about 190 countries in the world, the company set a goal to reach one billion people. No government­s alone in the world can do that.

“And interestin­gly, the more you do that, the more you address these societal issues, the better you do, and the better the company grows.”

Polman said that it’s vital to have purpose-driven leaders and organisati­ons focused on sustainabi­lity – driving growth by not only looking at the bottom line, but also at long-term impact to societies.

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