UrbanVolt was featured in a panel titled “Uniting to Tackle Global Challenges: Lessons in Leadership”. The purpose of this panel was to explore the role of leaders, corporations and philanthropy in this current environment to impact economic and social progress. In the midst of ongoing pandemic developments, a growing climate crisis, uneven global economic recovery, and a movement to tackle racism, business and philanthropic organisations are being called on to play a larger role in building a more sustainable and inclusive world. UrbanVolt’s CEO, Kevin Maughan, participated alongside the President and CEO of The Ireland Funds, Caitriona Fotterell, and Executive Vice President and Group CEO of Verizon Consumer, Ronan Dunne. The panel was hosted by Emmy-award winning producer and principal of Purple Mountain Media, Maura Kelly.
When speaking about what businesses can do for sustainability, Kevin said “We need to empower corporate entities to make change, they all want to do it, we just have to make it easier to do it”. There are some really innovative people being empowered to embrace renewable energy by the C-suite. This pressure is forcing corporations to react quickly in order to keep shareholders happy with their investments. According to one CEO from a Korn Ferry report, “The pressure for change or the opportunity for growth is multi-dimensional. There is investor pressure, shareholder pressure and a huge amount of reporting and disclosure not just around climate but other metrics too”. This is further evidence that the days of strictly profit-minded shareholders are long in the past. However, Kevin further mentioned that consumer pressure and government pressure can only push a business so much, service-based businesses with a sustainability focus need to get involved too to speed the process up.