Corporate sustainability is not sustainable

[marmar]

from Grist:



Corporate sustainability is not sustainable
By Auden Schendler and Michael Toffel


Green initiatives are ubiquitous these days, implemented with zeal at companies like Dupont, IBM, Walmart, and Walt Disney. The programs being rolled out — lighting retrofits, zero-waste factories, and carpool incentives — save money and provide a green glow. Most large companies are working to reduce energy use and waste, and many have integrated sustainability into strategic planning. What’s not to like?

Well, for starters, these actions don’t meaningfully address the primary barrier to sustainability, climate change. According to the International Energy Agency, without action, global temperatures will likely increase 6 degrees C by 2100, “which would have devastating consequences for the planet.” This means more super droughts, floods, storms, fires, crop failures, sea-level rise, and other major disruptions. “Sustainability” simply isn’t possible in the face of such a problem, as Superstorm Sandy demonstrated.

So despite perceptions that “sustainable business” is up and running, the environment reminds us we’re failing to deal with the problem at anywhere near sufficient scale. Because climate change requires a systemic solution, which only governments can provide, firms serious about addressing it have a critical role well beyond greening their own operations. They must spur government action. But few are.

“Green business” as currently practiced focuses on limited operational efficiencies — cutting carbon footprint and waste reduction — and declares victory. But these measures fail to even dent the climate problem. And the proof is easy: Greenhouse gas emissions continue to rise. Last month, we hit 400 parts per million atmospheric CO2 for the first time in 3 million years. Worse, though, such small-ball initiatives are a distraction: We fiddle around the edges thinking we’re making a real difference (and getting accolades), while the planet inexorably warms. ....................(more)

The complete piece is at: http://grist.org/climate-energy/corporate-sustainability-is-not-sustainable/

[xchrom]

1. du rec.

[byeya]

2. Corporations: When the USA was founded, the state tightly controlled the granting of all charters

for corporations. Limited liability corporations only got a charter if it was an entity to provide for the public good.

This limited liability entity was understood to be a privilege, of limited duration but renewable if standards were met - and was isued only after of majority vote in the state assemble and a majority vote in the state senate and the governor signed the bill.