BofA CEO Pushes for Private Sector to Reach Sustainability Goals

The video discusses the role of the private sector in establishing environmental standards, with a focus on the Sustainable Markets Initiative led by Prince Charles. It highlights the World Economic Forum's efforts in standardizing metrics for sustainable development and the financial capacity of the private sector to drive change. The video also covers the proposed global minimum tax and its potential impact on businesses.

How does the concept of stakeholder capitalism relate to the initiatives discussed in the text?

What challenges does the private sector face in leading sustainable initiatives without government support?

What impact could a global minimum tax have on businesses and their sustainability efforts?