Adam Werbach wrote an article in the McKinsey Quarterly last year entitled “When Sustainability Means More Than Green”. It’s common for people to immediately think of “going green”: recycling, conserving energy and anything that has to do with the environment, when hearing the word ‘sustainability’. What many don’t know is that sustainability is more than just ‘going green’. Werbach states that “companies must consider their social, economic and cultural impact as well” as protecting the environment (McKinsey 74).
Werbach tells us that society has great expecations of successful corporations, and holds them accountable for overcoming the challenges facing our planet today, and in the future. Overcoming these challenges is more than just corporate responsibility, it’s survival. Short-term thinking is the reason why many corporations have not been able to meet the challenges, and sustain themselves. The auto industry is a good example of this.
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