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The Herzliya conference was held at Reichman University under the topic "On the Path of Strategic Surprises."

In connection with this central issue, the role of the business sector in creating civil and national resilience in the era of ESG (environment, society and governance) came up for central discussion at the roundtable, given that climate change and its inherent risks are the defining peril faced by humanity. This discussion is the product of a collaboration between the Institutes for Policy and Strategy (IPS) and the Arison ESG Center at Reichman University.

The discussion focused on aspects of business continuity and functional continuity, and the potential of economic and social risk both as a derivative of an extreme event and in the transition processes to a green society.

Speakers:

Chairman: Yair Avidan, Chairman of the Advisory Committee, Arison Institute for ESG, the outgoing supervisor of banks

Adv. Lenor Deutsch, Co-founder and CEO of Lobby 99

Galit Cohen, Head of the Climate Change and National Security Program at the Institute for National Security Studies INSS

Noam Goldstein, Chairman of the Association of Chemistry, Pharmaceuticals and Environmental Quality, Vice President and Chief Risk Manager at the ICL Group

Dr. Amit Marmour, VP of Environmental Quality, Nesher

Rani Amir, Deputy Director of Natural Resources and Climate Resilience at the Ministry of Environmental Protection

Responders:

Prof. Niron Hashai, Dean of the Arison School of Business Administration and joint academic director of the Arison ESG Center, Reichman University

Prof. Eli Bukspan, Co-Academic Director of the Arison ESG Center, Reichman University

Dr. Ruth Dagan, Head of the Environmental Quality and Climate Change Department, Herzog, Fox Ne’eman; Head of the Climate and International Relations Division, Arison ESG Center

Dr. Moran Ophir, Harry Radzyner School of Law, Reichmann University

There was overwhelming agreement on the importance of handling and attention both at the level of government officials, according to which a correct and clear policy is required in the face of the challenges that will prevent multidimensional strategic surprises in the future, and with an emphasis on the aspects and meaning of national and social resilience as a central pillar of Israel's strength. This is also the case at the corporate level. There was an understanding that it is important that we continue with high intensity and proportionality, by using tools interlaced between the brown and green worlds.

It was emphasized that we have one shift and one world and during our shift it is important that we do everything to preserve the world for future generations.

Yair Avidan, Chairman of the Advisory Committee of the Arison ESG Center, who also sat at the head of the discussion, said that: "The implementation of the ESG worlds constitutes a leadership agenda. This is part of a world of ethical leadership. It is part of culture. It is true that it will form part of the corporate DNA. Its realization requires personal and collective leadership by shareholders, boards of directors, management, investors and financiers, policymakers and other stakeholders. It seems that we are at a time when each of the players must step up and lead; this leadership is needed to drive a sustainable economy."