Our Global Impact is a year in the life of Palladium. This publication captures the essence of how we translate our worldview into our work, every single day.
What is our worldview? Simply put, we believe that a better world is possible for everyone, and that the starting point is an understanding of how everything is interconnected. It’s no longer enough to pursue commercial growth or social progress unilaterally. We work at the intersection of these two drivers because we see them as not just related, but inextricably linked.
This is why we measure our company’s success not only in revenues and profit and shareholder value, but in impact – because you can’t have one without the other, at least not sustainably. This is also why we coined the term “Positive Impact” to mean “the intentional creation of enduring social and economic value”, and we aspire to realise it in everything we do.
As CEO, I find this concept to be both challenging and invigorating. I’ve been with Palladium for 36 years, and marvelled first-hand at the impact we’ve had across the globe. I believe we’re approaching a watershed moment in terms of the expectations placed on corporations and CEOs. Society is demanding more than financial performance. The new standard for success includes a positive contribution to the world, with value created at every level across a wider ecosystem. From supply chains to job creation, our challenge to others is to see opportunity in this broader context, beyond zero-sum economics and short-term thinking.
Palladium is a global impact firm, and this is the worldview we bring to our work and to our clients. The future demands new thinking, new approaches, and new solutions, a sampling of which we’ve outlined in this annual report. Part One explores some of the connections that are core to our Positive Impact work in 2017, while Part Two journeys through our nearly 300 projects spanning 80 countries and 6 continents.
The world is facing seemingly impossible challenges that impact businesses, societies, economies, and lives. I hope you’ll enjoy reading Our Global Impact 2017, and join us in taking on these challenges together.
Kim Bredhauer | CEO Palladium