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Rethinking Corporate Sustainability in the Era of Climate Crisis

A Strategic Design Approach

Palgrave Macmillan

Authors:

  • 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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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xv
  2. Welcome to Business-As-Usual

    • Raz Godelnik
    Pages 1-14
  3. The Evolution of Sustainability-as-Usual

    • Raz Godelnik
    Pages 15-39
  4. Sustainability Reporting: The Black Box

    • Raz Godelnik
    Pages 41-65
  5. The Rise of the (Mc)Circular Economy

    • Raz Godelnik
    Pages 67-80
  6. The Transformation Journey, or: Why Now?

    • Raz Godelnik
    Pages 81-100
  7. The Vision: Awakened Sustainability

    • Raz Godelnik
    Pages 101-116
  8. What Needs to Be True?

    • Raz Godelnik
    Pages 117-132
  9. Back Matter

    Pages 153-155

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.


Authors and Affiliations

  • The New School, New York, USA

    Raz Godelnik

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

Buy it now

Buying options

eBook USD 59.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 79.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access