Overview
- Provides a comprehensive narrative for understanding what is wrong with current corporate sustainability and how to a shift to a new model of awakened sustainability
- Argues that the COVID-19 pandemic and its economic impacts, along with racial injustice and discrimination and the climate crisis have resulted in a strategic inflection point in corporate sustainability
- Challenges the dominance of stakeholder capitalism as an alternative to shareholder capitalism, advancing the conversation to consider what should succeed stakeholder capitalism as an organizing framework
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About this book
This book provides a clear, critical, and timely analysis of the state of corporate sustainability within the context of the climate crisis. It offers not only a substantive critique of the current efforts but also clarity about the changes needed and how to implement them.
The book goes beyond the more common debate on shareholder capitalism vs. stakeholder capitalism to explain the shortcomings of the current approach to sustainability in business, which the author describes as sustainability-as-usual. Using strategic design lenses, the author proposes a new model of awakened sustainability, which offers a transformational shift in corporate sustainability to ensure companies fairly and effectively address the climate crisis. The book presents the numerous changes needed in the environment in which companies operate to enable awakened sustainability and how these changes can be realized.
Grounded in the scientific community’s calls for urgent action on climate change, this groundbreaking text provides scholars with an evaluation of current and future trends in corporate sustainability. It connects the dots between the progress made in the last five decades and the opportunities entailed in the work on a regenerative and just vision for companies in this decade and beyond.
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Keywords
Table of contents (8 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
About the author
Raz Godelnik is an Assistant Professor of Strategic Design and Management at Parsons School of Design - The New School, USA, where he explores sustainable business models and how companies can respond effectively to the climate crisis.
Bibliographic Information
Book Title: Rethinking Corporate Sustainability in the Era of Climate Crisis
Book Subtitle: A Strategic Design Approach
Authors: Raz Godelnik
DOI: https://doi.org/10.1007/978-3-030-77318-2
Publisher: Palgrave Macmillan Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-77317-5Published: 27 June 2021
eBook ISBN: 978-3-030-77318-2Published: 26 June 2021
Edition Number: 1
Number of Pages: XV, 155
Number of Illustrations: 1 b/w illustrations
Topics: Corporate Environmental Management, Management, Sustainable Development