André Hoffmann Warns Against Short-Termism in Climate and Business Strategy

André Hoffmann, vice-chairman of Roche and co-chair of the World Economic Forum’s board of trustees, discusses the urgent need for businesses to prioritize sustainable prosperity over short-term profits. In an interview with Dialogue Earth, Hoffmann argues that current global trends, including war, deglobalization, and authoritarian politics, are exacerbating short-term thinking and hindering collective climate action. He emphasizes that resilience, particularly through renewable energy adoption, is crucial for reducing dependence on volatile fossil fuel imports. Hoffmann criticizes the retreat from Environmental, Social, and Governance (ESG) commitments and warns that political fragmentation serves autocratic interests rather than global stability. He highlights the dangers of relying on imported gas and advocates for integrating environmental costs into corporate balance sheets. Despite geopolitical tensions and a potential looming financial crisis, Hoffmann maintains that purposeful industry and international cooperation are essential for long-term survival. He rejects the notion that conditions must worsen before improving, urging proactive measures to define and stop modern forms of conflict that disrupt economic and environmental stability.