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CEOs and other senior leaders

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around the world tell me

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that their organizations

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must play a role

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in tackling climate change

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and solving

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major sustainability challenges.

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And it's clear

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that they want to take action,

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moving beyond pledges

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to making sustainability

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core to their strategies

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for competitive advantage.

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But we are off track

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and we are running out of time

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to meet these goals.

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Economic and geopolitical uncertainty

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and the ongoing pandemic

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have strained supply chains

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and disrupted operations.

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In this environment,

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it is increasingly difficult for leaders

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to juggle short-term pressures

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with the most critical

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imperative of them all

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the future of our planet.

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This is very personal for me.

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I have three teenage children

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and I want to see them grow and thrive

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and have the same opportunities

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that were available to me.

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But becoming more sustainable

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isn't a business tradeoff.

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It's an opportunity.

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Climate leaders earn higher valuations,

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they operate in higher growth markets,

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they can attract and retain

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much better talent,

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save costs, avoid regulatory risk,

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access cheaper capital,

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and achieve greater shareholder returns.

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The increasing number of companies

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making climate pledges

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shows that businesses care

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and that they have a vision.

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What they need now

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is a plan and a clear roadmap

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for execution.

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This second edition of BCG's Close the Gap series

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helps leaders identify a path forward

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to deliver on their climate commitments.

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We at BCG want to work with you

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to make change happen.