These are the CASSE blog articles on corporate reform.
Twenty years ago, visionary economist Herman Daly exhorted the readers of Scientific American to create new ways of thinking towards a sustainable economy:
“The global economy is now so large that society can no longer safely pretend it operates within a limitless ecosystem. Developing an economy that can be sustained within the finite biosphere requires new ways of thinking.”
Apple, Cargill, Walmart, United Airlines, Chevron, BlackRock, Starbucks, Ford Motor Company, Amazon, McDonald’s, Sotheby’s…What do they all have in common? They are among many megacorporations that fund Conservation International, one of the most prominent conservation foundations in the world. World Wildlife Fund and the Conservation Fund, also conservation powerhouses, have similar though less expansive funder profiles.
Walmart and BlackRock are two of the world’s top deforestation perpetrators.
Six months ago, a United Nations Special Committee found that Israel’s warfare methods in Gaza were consistent with genocide. The UN defines genocide as “acts committed with intent to destroy, in whole or in part, a national, ethnical, racial, or religious group.” The Special Committee pointed to the fact that Israel had dropped over 25,000 tonnes of explosives—equivalent to two nuclear bombs—on Gaza in just four months.
“Despite its immensity, the Earth’s resources are not infinite, and it’s clear we’ve exceeded its limits. But it’s also resilient. We can save our planet if we commit to it.” – Yvon Chouinard, founder of Patagonia
In 2022, Patagonia founder Yvon Chouinard took a bold step to make the Earth, in essence, the company’s only shareholder. Chouinard explained that he doesn’t respect the stock market and believes that companies become irresponsible after going public.
At the bottom of McGill University’s coat of arms, beneath the red shield, a scroll reads Grandescunt Aucta Labore— “By work, all things increase and grow.” Historically, mottos of higher education institutions (HEIs) symbolize the cultivation of virtues and moral excellence, often rooted in religion. Over time, however, this idea of growth in personal and moral development became tainted by the paradigm of economic growth.
Today,
The global financial system operates like a cancer, metastasizing throughout our economy and society. Its malignant core is a simple yet devastating formula: PL – PR + I, principal loaned – principal repaid + interest = an escalating debt trap that necessitates economic growth. This equation is familiar to anyone who has taken out a loan. It demonstrates the fatal flaw in our financial architecture,
How do we stop climate change? One decommissioned fossil-fuel pipe at a time, via hard-fought local battles to change energy infrastructure and decrease energy consumption. Who do we fight these battles against? Profit-hungry corporations that monopolize energy markets and back-pocket politicians that help them guard the fossil façade.
In the U.S. capital, the climate-change rubber hits the road as activists pressure an obscure and unelected decision-making body,
The U.S. nonprofit sector is a $1.4 trillion industry. If it were a country, it would be one of the world’s largest economies. Wealthy individual donors, foundations, and corporations are the three largest sources of nonprofit funding. As such, these entities have tremendous influence over what kind of social, economic, and political change thrives or dies. Many large foundations and major donors have amassed wealth thanks to the very economic system that is pushing the world toward ecological collapse.
Is it just our filter bubbles? Or is an understanding of the environmental impact of artificial intelligence (AI) slowly making its way into the mainstream? Recently, a spate of news stories have highlighted the hefty environmental footprint of AI. Take for instance this recent article by the Washington Post on the hidden water footprint of using AI chatbots. Or this article by The Guardian on how the greenhouse gas emissions of data centers may be almost eight times higher than large technology companies like Google or Microsoft will acknowledge.
Last week the Intergovernmental Panel on Climate Change (IPCC) issued what Greenpeace International called the “final warning” in the global effort to limit warming to 1.5 degrees Celsius (2.7° Fahrenheit) above preindustrial levels. After three decades of increasingly insistent wake-up calls, the Panel laid out the sobering reality: Meeting the temperature goal set by the global community in 2015 is impossible without an immediate response, “a quantum leap in climate action,” in the words of United Nations Secretary General Antonio Guterres.