Praise

The greatest danger to our planet is the belief that someone else will save it. In this book, Rajeev describes a higher form of leadership, one in which leaders see themselves as stewards of the environment and humanity. It is a must-read for anyone who cares.

—ROBERT SWAN, OBE

Record-breaking Polar Explorer and Environmental Campaigner.

This is not a crisis of climate change, inequality, or food security. Many will argue that this is a crisis of greed, apathy, and selfishness. Sustainable Sustainability shines light, with some practical examples, on what it takes to be a leader in today’s world.

—PAUL POLMAN

Former CEO, Unilever. Author, Net Positive.

Sustainable Sustainability is a must-read for anyone interested in turning a vision into meaningful action. Rajeev provides a compelling argument for the need for genuine stewardship and offers practical steps for businesses to take. The recommendations are backed by extensive research and inspiring real-world examples—making it all real.

—AHMED MAZHARI

President, Microsoft Asia.

The need for courageous and bold leadership is essential if businesses are truly to become a force for good. This book shows how these leaders must be willing to take risks, challenge the status quo, and engage in long-term actions on the way to the sustainable, inclusive prosperity we so badly need.

—ANDRÉ HOFFMANN

Vice Chairman, Hoffmann-La Roche.

As we stand at the crossroads of progress in addressing environmental and social challenges, Sustainable Sustainability reinforces the urgent need for a new kind of leadership—steward leadership—and urges us to make a lasting impact. Based on extensive global research, Rajeev eloquently provides a cogent guide for those committed to shaping a brighter tomorrow for generations to come.

—KEIKO HONDA

Former CEO and EVP of the Multilateral Investment Guarantee Agency, World Bank Group. Adjunct Senior Research Scholar, School of International and Public Affairs, Columbia University.

Our environmental and social challenges require genuine and proactive efforts from stakeholders. But when challenges are public in nature and many parties need to be involved, it often ends up in coordination failure. ESG disclosure and incentive frameworks are necessary, but not sufficient to tackle these challenges, which will only intensify over time.

Sustainable Sustainability provides light at the end of the tunnel. It focuses on stewardship values of leaders and clearly shows how to translate them into practice. Convergence of stewardship values among leaders will not only solve the coordination failure, but also produce sustainability in substance that is long lasting and collectively commensurate to the magnitude of our challenges.

—VEERATHAI SANTIPRABHOB

Former Governor, Bank of Thailand.
Secretary-General and Chairman of the Executive Board – Mae Fah Lung Foundation under Royal Patronage.

There is often a gap between word and deed. The purpose of this excellent book is to close that gap on sustainability.

—TOMMY KOH

Ambassador-at-large, Ministry of Foreign Affairs, Singapore.

This thought-provoking book challenges conventional wisdom from the word go. It provides great insights on not only the gravity of problems we face today but also what differentiates the real ESG champions from others. As a CEO, I personally subscribe to the steward leadership concept and feel that Rajeev hits the nail on the head when he asserts that only genuine passion and purpose of the leader and the organization can make the difference. I will certainly use this book and the principles within to foster true steward leadership in our organization.

—HINA NAGARAJAN

Diageo Global Executive Committee member.
President, Diageo India.

This book is a must-read because it provides every leader with the tools, the examples, and the perspectives needed to create change that leaves a positive legacy – on the organization and on the planet. Peter Drucker once said, ‘Whenever you see a successful business, someone once made a courageous decision.’ The same can be said about ESG, or more specifically, about ESL. This book is truly about that someone—aka you.

—SANJAY SARMA

CEO, President and Dean, Asia School of Business.
Professor of mechanical engineering, MIT.

This book is a reflection of Rajeev’s passion and belief in steward leadership. . . Yes, he does provide a theoretical framework, based on stewardship, to further the discussion on ESG. But to be sure, this is not an idealistic, ideological treatise on sustainability and leadership. Neither is it a didactic, ‘let-me-tell-you-how-to-do-it’ tome. It is well-researched, thought through, and thought-provoking.

—REBECCA FATIMA STA. MARIA

Executive Director, Asia Pacific Economic Cooperation (APEC) Secretariat.

Steward leadership demands that one should rise above self-interest—to do what is right for the greater good. As the challenges facing us grow ever more urgent and complex, Rajeev’s timely book serves as a compass for anyone who aspires to lead with compassion, courage, and conviction to create a better and more sustainable future for all.

—DESMOND KUEK

CEO, Temasek Trust.

Rajeev sees things with great clarity, comes up with persuasive insights, and shares these with conviction and simplicity. ‘Steward Leadership’ is an important part of the solution to the world’s biggest problems, and one that seems so obvious once Rajeev brings it to life—as he does so beautifully in this book.

—ELAINE YEW

Senior Partner and Global Co-Head, Family Business and Family Office. Asia Lead on Board and CEO Succession, Egon Zehnder.

Rajeev Peshawaria argues convincingly that we need to replace the 'G' in ESG with 'L' for Leadership, specifically, Steward Leadership. While his insightful discussion is backed by nine real-world case studies, he does not stop at case analysis alone. After explaining the 'Steward Leadership Compass' concept, he presents a detailed questionnaire that companies can use to assess where they are on their journey to become champions of sustainability. This is a must-read for every top executive who believes that it is their responsibility to address environmental and social issues through their business.

—ILIAN MIHOV

Former Dean, INSEAD.
Visiting Scholar, Stanford.

Ah, the magic of an author who is steeped in effective pedagogy! In Sustainable Sustainability, Rajeev Peshawaria provides theoretical concepts and shares data and real-world illustrations to deepen the readers’ understanding, but he doesn’t stop there. He has created a practical assessment tool to determine where your organization sits in its journey to becoming an exemplar in Sustainable Sustainability, and action ideas for how you, as a leader, can take it there. So this is not just a book but also a course and a guide for action and results. Obligatory reading for managers and executives for every organization.

—MELANIE BARNETT

Executive Director, Secretary and Treasurer, UNICON International University Consortium.

Sustainable Sustainability is a very timely addition to the myriad content on this subject coming out around the world. Rajeev makes a powerful case for the age-old maxim of 'doing the right thing' rather than 'doing things right'. The battle for a sustainable world can only be won in the hearts and minds of leaders across commercial and non-commercial organisations, governments, regulators, and social bodies, since, as Rajeev correctly says, innovation cannot be legislated. In Part 2 we see great examples of responsible sustainability in action. The methodology to assess an organisation’s culture and DNA in Part 3 is a very useful checklist for us to get this right. The concept of Steward Leadership is powerful. It is a great ready reckoner for any leader aspiring to go from Good to Great. A great read to wake up the world to this critical priority for our planet.

—SANJEEB CHAUDHURI

Chairman, IDFC First Bank.
Former CEO, Citibank EMEA. Former Group Head, Standard Chartered Bank.

Peshawaria raises a powerful point about the need to transition from ESG to ESL. There is great wisdom in the concept of Steward Leadership and creative resilience. While this may feel like a small change, it is anything but. This is exactly where the catalyst to drive lasting behaviour change and results in our pressing environmental and social issues will be found. It is all about leaders that take on the challenges ahead.

—SALMAN AMIN

CEO, Pladis Global.

Rajeev’s Sustainable Sustainability addresses the momentous and fundamental question of what creates true steward leadership. Illustrated with many cases and examples from across organizations, cultures, regions, and issues, this wonderfully readable volume will guide many, from leaders to observers, towards a deeper understanding of how to move towards the long-term, holistic, positive social impact that we all need and long for. The four dimensions of interdependence, long-term orientation, ownership mentality, and creative resilience, while leaving much space to an organization’s own identity, give the basis of a toolkit towards successful and impactful stewardship. Thank you, Rajeev, for this important addition to our understanding of what drives true sustainability.

—DIDIER COSSIN

Chaired Professor of Governance and Finance, IMD. Founder and Director, IMD Global Board Center.

Good governance has always been about adhering to the spirit of the law, not only to the letter of the law. The book Sustainable Sustainability introduces the concept of 'steward leaders' that combine governance in practice, ecosystem building, and transformational leadership with persistence for a collective better future. It focuses on the consistent application of values, through testing times. Rajeev has delivered a set of compelling and diverse cases that challenge the widely accepted approach of evaluating the performance of companies and their executives, focusing on values articulated and practiced, putting culture in action, with evidence of integrity.

—CHRISTINE CHOW

Board Member, International Corporate Governance Network (ICGN). Sustainable and ESG Investment Woman of the Year, Women in Investment Award (2022). Managing Director and Head of Active Ownership, Credit Suisse Asset Management, a UBS Group company.

Stewardship is the overarching business philosophy of creating and preserving value, over the long term, for all stakeholders. In this compelling book, Rajeev does a fantastic job of highlighting the importance of steward leadership as a core attribute for boards and senior management teams to navigate, and thrive, in today’s business environment. Rajeev defines steward leadership as 'the genuine desire and persistence to create a collective better future' – every word in that sentence is relevant and impactful; and serves as a string call-to-action for companies. Very helpfully, the book shines the spotlight on progressive companies that have evolved past the moral imperative and are realizing the tangible financial and non-financial business benefits of steward leadership. These case studies can help inspire companies and help raise the collective consciousness of the business communities around the world. Very timely book indeed.

—SHAI GANU

MD and Global Leader of Executive Compensation & Board Advisory Business.
Global Governing Board member, Climate Governance Initiative.

The greatest danger to our planet is the belief that someone else will save it. In this book, Rajeev describes a higher form of leadership, one in which leaders see themselves as stewards of the environment and humanity. It is a must-read for anyone who cares.

—ROBERT SWAN, OBE

Record-breaking Polar Explorer and Environmental Campaigner.

Sustainable Sustainability is a must-read for anyone interested in turning a vision into meaningful action. Rajeev provides a compelling argument for the need for genuine stewardship and offers practical steps for businesses to take. The recommendations are backed by extensive research and inspiring real-world examples—making it all real.

—AHMED MAZHARI

President, Microsoft Asia.

As we stand at the crossroads of progress in addressing environmental and social challenges, Sustainable Sustainability reinforces the urgent need for a new kind of leadership—steward leadership—and urges us to make a lasting impact. Based on extensive global research, Rajeev eloquently provides a cogent guide for those committed to shaping a brighter tomorrow for generations to come.

—KEIKO HONDA

Former CEO and EVP of the Multilateral Investment Guarantee Agency, World Bank Group.
Adjunct Senior Research Scholar, School of International and Public Affairs, Columbia University.

There is often a gap between word and deed. The purpose of this excellent book is to close that gap on sustainability.

—TOMMY KOH

Ambassador-at-large, Ministry of Foreign Affairs, Singapore.

This book is a must-read because it provides every leader with the tools, the examples, and the perspectives needed to create change that leaves a positive legacy – on the organization and on the planet. Peter Drucker once said, ‘Whenever you see a successful business, someone once made a courageous decision.’ The same can be said about ESG, or more specifically, about ESL. This book is truly about that someone—aka you.

—SANJAY SARMA

CEO, President and Dean, Asia School of Business.
Professor of mechanical engineering, MIT.

Steward leadership demands that one should rise above self-interest—to do what is right for the greater good. As the challenges facing us grow ever more urgent and complex, Rajeev’s timely book serves as a compass for anyone who aspires to lead with compassion, courage, and conviction to create a better and more sustainable future for all.

—DESMOND KUEK

CEO, Temasek Trust.

Rajeev Peshawaria argues convincingly that we need to replace the 'G' in ESG with 'L' for Leadership, specifically, Steward Leadership. While his insightful discussion is backed by nine real-world case studies, he does not stop at case analysis alone. After explaining the 'Steward Leadership Compass' concept, he presents a detailed questionnaire that companies can use to assess where they are on their journey to become champions of sustainability. This is a must-read for every top executive who believes that it is their responsibility to address environmental and social issues through their business.

—ILIAN MIHOV

Former Dean, INSEAD. Visiting Scholar, Stanford.

Sustainable Sustainability is a very timely addition to the myriad content on this subject coming out around the world. Rajeev makes a powerful case for the age-old maxim of 'doing the right thing' rather than 'doing things right'. The battle for a sustainable world can only be won in the hearts and minds of leaders across commercial and non-commercial organisations, governments, regulators, and social bodies, since, as Rajeev correctly says, innovation cannot be legislated. In Part Two, we see great examples of responsible sustainability in action. The methodology to assess an organisation’s culture and DNA in Part Three is a very useful checklist for us to get this right. The concept of steward leadership is powerful. It is a great ready reckoner for any leader aspiring to go from 'good' to 'great'. A great read to wake up the world to this critical priority for our planet.

—SANJEEB CHAUDHURI

Chairman, IDFC First Bank. Former CEO, Citibank EMEA. Former Group Head, Standard Chartered Bank.

Peshawaria raises a powerful point about the need to transition from ESG to ESL. There is great wisdom in the concept of Steward Leadership and creative resilience. While this may feel like a small change, it is anything but. This is exactly where the catalyst to drive lasting behaviour change and results in our pressing environmental and social issues will be found. It is all about leaders that take on the challenges ahead.

—SALMAN AMIN

CEO, Pladis Global.

Good governance has always been about adhering to the spirit of the law, not only to the letter of the law. The book Sustainable Sustainability introduces the concept of 'steward leaders' that combine governance in practice, ecosystem building, and transformational leadership with persistence for a collective better future. It focuses on the consistent application of values, through testing times. Rajeev has delivered a set of compelling and diverse cases that challenge the widely accepted approach of evaluating the performance of companies and their executives, focusing on values articulated and practised, putting culture in action, with evidence of integrity.

—CHRISTINE CHOW

Board Member, International Corporate Governance Network (ICGN).
Sustainable and ESG Investment Woman of the Year, Women in Investment Award (2022).
Managing Director and Head of Active Ownership, Credit Suisse Asset Management, a UBS Group company.

This is not a crisis of climate change, inequality, or food security. Many will argue that this is a crisis of greed, apathy, and selfishness. Sustainable Sustainability shines light, with some practical examples, on what it takes to be a leader in today’s world.

—PAUL POLMAN

Former CEO, Unilever.
Author,
Net Positive.

The need for courageous and bold leadership is essential if businesses are truly to become a force for good. This book shows how these leaders must be willing to take risks, challenge the status quo, and engage in long-term actions on the way to the sustainable, inclusive prosperity we so badly need.

—ANDRÉ HOFFMANN

Vice Chairman, Hoffmann-La Roche.

Our environmental and social challenges require genuine and proactive efforts from stakeholders. But when challenges are public in nature and many parties need to be involved, it often ends up in coordination failure. ESG disclosure and incentive frameworks are necessary, but not sufficient to tackle these challenges, which will only intensify over time.

Sustainable Sustainability provides light at the end of the tunnel. It focuses on stewardship values of leaders and clearly shows how to translate them into practice. Convergence of stewardship values among leaders will not only solve the coordination failure, but also produce sustainability in substance that is long lasting and collectively commensurate to the magnitude of our challenges.

—VEERATHAI SANTIPRABHOB

Former Governor, Bank of Thailand. Secretary-General and Chairman of the Executive Board – Mae Fah Lung Foundation under Royal Patronage.

This thought-provoking book challenges conventional wisdom from the word go. It provides great insights on not only the gravity of problems we face today but also what differentiates the real ESG champions from others. As a CEO, I personally subscribe to the steward leadership concept and feel that Rajeev hits the nail on the head when he asserts that only genuine passion and purpose of the leader and the organization can make the difference. I will certainly use this book and the principles within to foster true steward leadership in our organization.

—HINA NAGARAJAN

Diageo Global Executive Committee member. President, Diageo India.

This book is a reflection of Rajeev’s passion and belief in steward leadership. . . Yes, he does provide a theoretical framework, based on stewardship, to further the discussion on ESG. But to be sure, this is not an idealistic, ideological treatise on sustainability and leadership. Neither is it a didactic, ‘let-me-tell-you-how-to-do-it’ tome. It is well-researched, thought through, and thought-provoking.

—REBECCA FATIMA STA. MARIA

Executive Director, Asia Pacific Economic Cooperation (APEC) Secretariat.

Rajeev sees things with great clarity, comes up with persuasive insights, and shares these with conviction and simplicity. Steward leadership is an important part of the solution to the world’s biggest problems, and one that seems so obvious once Rajeev brings it to life—as he does so beautifully in this book.

—ELAINE YEW

Senior Partner and Global Co-Head, Family Business and Family Office.
Asia Lead on Board and CEO Succession, Egon Zehnder.

Ah, the magic of an author who is steeped in effective pedagogy! In Sustainable Sustainability, Rajeev Peshawaria provides theoretical concepts and shares data and real-world illustrations to deepen the readers’ understanding, but he doesn’t stop there. He has created a practical assessment tool to determine where your organization sits in its journey to becoming an exemplar in sustainable sustainability, and action ideas for how you, as a leader, can take it there. So this is not just a book but also a course and a guide for action and results. Obligatory reading for managers and executives for every organization.

—MELANIE BARNETT

Executive Director, Secretary and Treasurer, UNICON International University Consortium.

Rajeev’s Sustainable Sustainability addresses the momentous and fundamental question of what creates true steward leadership. Illustrated with many cases and examples from across organizations, cultures, regions, and issues, this wonderfully readable volume will guide many, from leaders to observers, towards a deeper understanding of how to move towards the long-term, holistic, positive social impact that we all need and long for. The four dimensions of interdependence, long-term orientation, ownership mentality, and creative resilience, while leaving much space to an organization’s own identity, give the basis of a toolkit towards successful and impactful stewardship. Thank you, Rajeev, for this important addition to our understanding of what drives true sustainability.

—DIDIER COSSIN

Chaired Professor of Governance and Finance, IMD.
Founder and Director, IMD Global Board Center.

Stewardship is the overarching business philosophy of creating and preserving value, over the long term, for all stakeholders. In this compelling book, Rajeev does a fantastic job of highlighting the importance of steward leadership as a core attribute for boards and senior management teams to navigate, and thrive, in today’s business environment. Rajeev defines steward leadership as 'the genuine desire and persistence to create a collective better future' – every word in that sentence is relevant and impactful; and serves as a string call-to-action for companies. Very helpfully, the book shines the spotlight on progressive companies that have evolved past the moral imperative and are realizing the tangible financial and non-financial business benefits of steward leadership. These case studies can help inspire companies and help raise the collective consciousness of the business communities around the world. Very timely book indeed.

—SHAI GANU

MD and Global Leader of Executive Compensation & Board Advisory Business. Global Governing Board member, Climate Governance Initiative.