The first decade of the twenty-first century brought with it a whole new series of challenges for organisations and their leaders. These challenges in turn have important implications for the role of HR.

‘Beyond Regulation: the Stewardship Economy’ - the agenda of the Good Governance Forum - was presented by Tony Manwaring, Chief Executive, at the Tomorrow's Company Good Governance Forum Conference on 9th March 2011.

The financial crises of the last decade have demonstrated serious shortcomings in the understanding of corporate business models, the alignment of incentives, and the management of risk. The current corporate reporting model has not highlighted where these shortcomings exist. This failing is exacerbated by the pace of change of business today, with a plethora of new challenges impacting long-term success, including a shift in the global balance of power, resource constraints and climate change.

This briefing summarises projected growth patterns of the Global Green Economy, which in turn provides a case for businesses to invest in the emerging green industry which is predicted to be a dominant economic force. This paper does not focus on the pragmatic details of “greening an individual business” but rather provides an overview of the Green Economy as a whole entity.