We must drop the neoliberal fairy-tale and accept that business using the profit motive has been a spectacular failure.
It felt like an obvious PR stunt but almost no large media outlets characterized it that way.
I agree, they can do more, anyone can step up to do more…the question is will they?
Companies need to drop the charade and admit that their efforts to be sustainable have largely failed. It’s time to stop pretending to be part of the solution and come back to the table and be a real partner for positive change.
The Greening of Business and Win-Win solutions via CSR, Impact Investing and Profit with Purpose appear to just be a cover for corporate elites and billionaires that distract the public while they continue to plunder the planet and add to their billions.
Part II: How Billionaire Greed Ruined a Perfectly Good Strategy Called Corporate Sustainability (and Democracy). 3 Possible Pathways Forward
There’s still time to make things better, but we must acknowledge the truth about what is at the core of our climate plundering and wealth concentrating system.
Considering the immensity of the climate challenge that lay before us, these companies could not be more offside.
When confronted with the idea that regulations could move us much more quickly to address our urgent global environmental challenges, the response is often that we, the consumer, need to change our wasteful and polluting behaviour.