His main areas of influence.
(According to ‘Ouvrir une voie’)
- Rethinking the dominant model of intensive monoculture, regenerating soils, relocating agriculture, and reintroducing varietal diversity to combat the impoverishment of living organisms.
Thought worth noting: Regarding soil regeneration, considering the financial cost of soil degradation would represent an additional 5 to 10% cost to be allocated upstream in the sector. This increase in the price of agricultural raw materials would encourage a reduction in food waste, representing between 30% and 40% of the calories harvested in the fields.
- Rethinking the value of companies in the light of new indicators.
Emmanuel Faber contributed to the Loi Pacte in France (download our dossier on the Loi Pacte (FR)). He supported and now guarantees the introduction of “carbon warnings” in the event of unfulfilled decarbonisation commitments.
Thought worth noting: Tools for a successful social transition? Faber advocates implementing universal statistical measures of income distribution within companies and their supply chains.
- Rethinking the concept of the business model.
Emmanuel Faber is campaigning for a new definition of competitiveness where competitive advantage (environmental and social) is the ability to access and apply the resources a company needs in a distinctive way. Costs must include the cost of renewing the resources used.
Thought worth noting: Environmental performance must be reflected in the cost of capital. Competitiveness is based on an identity, a culture, and a narrative that cements social cohesion in a vision that gives meaning. There can be no competitiveness without a carefully thought-out combination of efficiency (optimising the short term) and resilience (securing the long term). This requires a mix of (well) chosen technical innovations and social innovations, governance processes, collective intelligence and social inclusiveness, the essence of which will not be capitalistic but local and cultural.
If this combination anchors the economy and its players in a sovereignty that will make it competitive, the real revolution will be to design a competitiveness by and for the living.
Faber quotes Edward O. Wilson: “We are going through three crises: the climate crisis, the water crisis and the living crisis. Only the living world crisis is reversible.”