NEW DELHI—The modern era has been forged in the crucible of relentless global shocks. Over the past two decades, humanity has careened from one systemic disruption to another: the protracted and destabilizing wars in Iraq throughout the 2000s, the catastrophic 2008 global financial meltdown, a once-in-a-century pandemic that upended supply…
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In the landscape of modern corporate strategy, "sustainability" was long synonymous with carbon accounting, supply chain transparency, and ESG reporting. It was a practice of measuring the past to inform the future. However, a volatile confluence of "wild card" events—unexpected, high-impact disruptions—is rapidly rendering those backward-looking metrics obsolete. From the…