Overview
- Shows that inclusion and sustainability are in fact fundamental prerequisites for prosperity for companies and society
- Discusses how companies can profit by solving global problem
- Helps readers learn how companies and their boards can drive prosperity by centering equity and sustainability
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About this book
The first edition of A Better World, Inc. showed how companies can profit by solving global problems. Increasingly, companies and investors are capitalizing on these opportunities. The three factors necessary for success were revealed to be effective corporate governance, stakeholder engagement, and collaboration. Racial equity and justice, and gender equity, were also themes in the original edition.
By drawing on new research and case studies, this updated edition shows that inclusion and sustainability are in fact fundamental prerequisites for prosperity for companies and society. Specifically, racial inequity and injustice, and gender inequity, are systemic problems that impede businesses from achieving their greater potential in the global marketplace; in the meantime, society suffers as well.
The second edition of A Better World, Inc. builds on the first by showing that companies have the power and incentives – and their boards of directors have the responsibility and the authority – to drive solutions to social, economic, and environmental challenges. Readers will learn how companies and their boards, together with nonprofits and governments, can drive prosperity by centering equity and sustainability.
This edition is organized to address environmental, social, and governance practices, which are priority interests for investors, media, the public, government, and others to assess company practices and profitability.Keywords
Table of contents (7 chapters)
Reviews
“A Better World, Inc. (2023) provides vital insights for companies seeking to increase their value through innovative environmental, social and governance changes. Bolstered by years of experience, compelling research and case studies, Alice Korngold demonstrates that inclusion and sustainability are essential elements for companies to advance their interests while building a better and more prosperous world. These are issues near and dear to my heart.” (April Miller Boise, Executive Vice President and Chief Legal Officer, Intel)
“A Better World, Inc. (2023) is essential reading for corporate executives and board directors. With compelling research and case studies, Alice Korngold shows that inclusion and sustainability are fundamental for companies to grow value and advance prosperity -- for business and society.” (Michael Cherkasky, Co-Founder and Board Director, Exiger)
“Alice Korngold’s new edition of A Better World, Inc. provides a fresh and compelling vision for business executives and boards seeking to grow value for their companies. Drawing on robust research and case studies, as well as her vast experience, the author shows that advancing inclusion and sustainability are integral in building a more prosperous world that benefits business and society.” (George Majoros, Jr., Co-Managing Director, EagleTree Capital)
“Alice Korngold's board governance and strategic vision gives me hope for a prosperous and equitable future. She emphasizes the need for collaboration among business leaders, governments, and NGOs to tackle global challenges and create value that will be reflected across our top and bottom lines and, most importantly, in our communities.” (Kennedy Odede, Founder and CEO, SHOFCO)
“Drawing on three decades of experience as a thoughtful and thought-provoking broker of meaningful engagement between the corporate and the NGO sectors on diversity, equity, inclusion, and belonging, and board governance, Alice Korngold shows that inclusion and sustainability are foundational to advance prosperity.” (Sarah Degnan Kambou, Vice Chair, Global Impact, and Immediate Past President and CEO, International Center for Research on Women)
“As demands and expectations for corporate boards continue to grow, how boards execute their obligations increasingly matters. Korngold's key insight in A Better World, Inc. (2023), is that corporate boards' commitment to inclusion and sustainability issues is not only a good idea but, as well, critical to greater board efficacy.” (Michael Heise, Professor, Cornell Law School)
“The theme of Korngold's new book that resonates is that solving challenging problems is good for business. Moreover, today a few leading companies are poised to solve a dual challenge: providing what society needs in terms of food security and quality of life, while solving the climate-related imperative of reducing emissions. This is an exciting period.” (W. ScottTew, Vice President, Sustainability, and Managing Director, Center for Energy Efficiency and Sustainability, Trane Technologies)
“Alice Korngold’s A Better World, Inc. (2023) establishes that inclusion and sustainability are requisite conditions to advance prosperity. She also demonstrates the importance of diverse boards to effectively fulfill their obligations to grow the company’s value in the face of the most pressing issues. Each chapter provides insightful research and case studies showing the imperative to embrace, engage, and promote all communities.” (Deepak Bhargava, Distinguished Lecturer, CUNY School of Labor and Urban Studies)
“Alice Korngold continues to be an important voice drawing attention to the role business can play in making our world a better place. Her insights are noteworthy and inspirational.” (Olufunmilayo (Funmi) Arewa, Author and Law Professor)
“Based on her thirty years as an advisor, author, and thought leader in sustainability, corporate governance, and diversity, equity, and inclusion (DEI), Alice Korngold has integrated these three themes to make a compelling case for corporate leaders: that inclusion and sustainability are fundamental to achieving prosperity, and that stakeholder partnerships have the power to help solve our global challenges on food security and climate change.” (Rodrigo Santos, President, Bayer, Crop Science Division)
Authors and Affiliations
About the author
Korngold is the author of A Better World, Inc.: How Companies Profit by Solving Global Problems…Where Governments Cannot (2014) and Leveraging Good Will: Strengthening Nonprofits by Engaging Businesses (2005), as well as numerous chapters and articles in professional and academic publications.
Bibliographic Information
Book Title: A Better World, Inc.
Book Subtitle: Corporate Governance for an Inclusive, Sustainable, and Prosperous Future
Authors: Alice Korngold
DOI: https://doi.org/10.1007/978-3-031-31553-4
Publisher: Palgrave Macmillan Cham
eBook Packages: Religion and Philosophy, Philosophy and Religion (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
Hardcover ISBN: 978-3-031-31552-7Published: 12 July 2023
Softcover ISBN: 978-3-031-31555-8Published: 13 July 2024
eBook ISBN: 978-3-031-31553-4Published: 11 July 2023
Edition Number: 2
Number of Pages: XXI, 210
Number of Illustrations: 1 b/w illustrations
Topics: Business Ethics, Management, Organization, Diversity Management/Women in Business, Corporate Environmental Management