Pretty much any major corporation will tell you they’re accountable to more than just shareholders these days. They also say–whether it be due to genuine concern, a bid to protect reputation, or a business-savvy appeal to millennials–that they answer to society, and they’re accordingly pursuing more sustainable ways of doing business.
Gabriela Ramos, chief of staff and sherpa to the G20 for the Organization of Economic Cooperation and Development, says this is how it should be. “The reality is, the challenges we’re facing call for a joint effort of public and private sectors–everyone who can contribute needs to contribute,” she said, speaking at Fortune’s Most Powerful Women International Summit in London Tuesday afternoon. Ramos, who had recently returned from a “discouraging” G-7 conference, noted that globalization has not delivered prosperity to everyone. Beyond its winners, the internationalization of the economy has bred inequality, distrust in institutions, and a toxic political environment. She says this less-than-ideal status quo presents the “business case for sustainable ways of growing.”