Competition in a Fragile World: The Environmental Agenda

In this chapter, we explore a notable paradox of progress: the considerable enhancements in human living conditions throughout the centuries, contrasted with the escalating degradation of our planet. Addressing these meta-evolutionary processes, we underscore companies’ dual role as contributors to environmental challenges and key players in sustainability. We advocate integrating environmental considerations into strategic planning, emphasizing the pivotal role of reducing carbon footprints through the adoption of renewable energy, efficient practices, and investments such as green bonds. We examine the regulatory landscape governing corporate environmental impact, delving into hard law, soft law, and hybrid systems that guide and enforce sustainable practices. Throughout, we highlight the imperative for a collaborative approach to environmental challenges, urging the engagement of all societal actors to ensure a viable future.