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What Needs to Be True?

In: Rethinking Corporate Sustainability in the Era of Climate Crisis

Author

Listed:
  • Raz Godelnik

    (The New School)

Abstract

This chapter presents the first part of a roadmap aimed at realizing the shift from sustainability-as-usual to awakened sustainability. Applying inversion, I consider what needs to be true in the world to allow for this shift to take place. Lessig’s “New Chicago School” framework, which focuses on four forces (conditions) regulating behavior (law, markets, social norms, and architecture) provides a useful framework for this purpose, allowing us to give proper weight to the institutional environment’s impact on the behavior of companies. Building on existing research, the chapter lays out key changes in each condition that need to occur to make awakened sustainability possible: changes in corporate law (law), financial incentives (markets), social norms and meanings (social norms), and organizational culture (architecture).

Suggested Citation

  • Raz Godelnik, 2021. "What Needs to Be True?," Springer Books, in: Rethinking Corporate Sustainability in the Era of Climate Crisis, chapter 0, pages 117-132, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-77318-2_7
    DOI: 10.1007/978-3-030-77318-2_7
    as

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