Devastating wildfires and floods are causing unprecedented harm to people and nature. Ice shelfs are melting and the Living Planet Report 2022 shows that wildlife populations have dropped with a devastating 69% on average in less than lifetime. Societies are becoming more unequal and populism is on the rise. Yet, for the most part, businesses, financial markets and policy-makers continue with a business-as-usual approach to all economic, social and commercial activities. This poses significant risks to our collective ways of life.