Comments TooMuch has made
Leveling the top . . .
Yes, indeed, the sustainability agenda needs to do a better job addressing issues around "corporate economic responsibility," and the quick guide to equity from John Elkington and Mark Lee certainly makes a great place to start.
But one aspect of our contemporary corporate scene seems glaringly missing from their four-point equity rundown (fair trade, fair wages, fair pricing, and fair taxes), and that's the incredibly destructive concentration of rewards at the tip of our corporate summit.
Apologists for hideously excessive CEO pay packages say we critics don't understand the value of incentives. We understand incentives alright. To grab grotesquely huge rewards, CEOs will behave grotesquely. They'll outsource and downsize. They'll skirt existing environmental regs and fight like hell to stop new ones. They'll cook the books and cheat on their corporate taxes.
Sustainability is all about setting limits. That ought to include limits on incomes at the top.On Has the corporate-responsibility movement lost sight of the big picture? posted 3 years, 6 months ago 4 Responses