NEWS WANTED: New directors on S&P 500 boards with foreign work experience INTERNATIONAL EXPERIENCE 2022 2021 In 2022, half of the 395 new directors appointed to S&P 500 boards had global experience – up by 16 per cent from 2021. 50% 34% These board members may have worked abroad or originally hail from outside the United States. According to the execu- tive search firm Spencer Stuart, this significant increase sug- gests leading boards are strengthening their global outlook. Source: Spencer Stuart’s 2022 S&P 500 New Director Snapshot PRIVATE JETS, PUBLIC PROBLEM Kylie Jenner, the U.S media personality and entrepreneur, is mired in controversy again, this time for taking to the skies for a 17-minute trip to avoid a 45-minute drive. Private jets have become a must-have accessory for the rich and famous, but they belch 10 times more carbon, on average, than their commercial cousins. Amid another summer of intense heat waves, wildfires and flash floods, Twitter users were quick to brand Jenner a “climate criminal.” But as Dani Di Placido observes in Forbes, the celebrity socialite’s crimes pale in comparison to those rocket-blasting billionaires trying to get space tourism off the ground. Indeed, as Transport & Environment in Europe points out, just 1 per cent of people cause 50 per cent of global aviation emissions. But the clean transport campaign T C group has solutions that go beyond Twitter shaming. For example, proposals for new, E J O zero-emission aircraft might lead to planes more suitable for short-haul flights. R N P Despite the accelerating climate crisis, Jenner won’t be the last clueless celebrity U to hop on a private plane for a quick trip. But perhaps there is a way for the wealthy O Y N to continue their jet-setting lifestyle without drawing the ire of everyone else. N B O C PRIVATE JETS OUTPOLLUTE OTHER TRANSPORT TYPES HT), I G I H (R 1200 S LA P S N 1000 U / N E S O B R 800 O FT), JAK 600 EAD (LE 400 H O2 intensity (g/pax.km) AD C O R K B 200 Y MAR 0 HY B RAP Avg. private jet Avg. commercial jet High-end van, Avg. train (EU) G (calculation) (calculation) shared by 4 people O T O H Source: “Private jets: Can the super-rich supercharge zero-emission aviation?,” Transport & Environment (2021). P
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