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Showing posts from August 18, 2018

Imperative 18: 1st World CSR companies have to engage in clean and green 'intrapreneurship'!

    Despite increasingly popular 'urgent action' recommendations by scientists in the 1980s, it took 16 years (1992-2008) for 154 world governments to design and operate a carbon credit market scheme, and another seven years for almost all the world's governments to agree on the funding and implementation of such scheme and other carbon mitigation projects.  As for the private sector, only a few hundred thousand corporations engaged with governments in world-scale climate change action, and much of their efforts comprised mere statements of support, power saving, recycling of paper, some purchases of carbon credits, and planting of a few trees which are thereafter left to fate.  Why?  The obvious reason is the nature of the carbon credit scheme as a cost with no hope of monetary returns, especially as viewed by billion-dollar coal companies, power and steel industries fed by coal, oil companies and vehicle manufacturing companies, all of which possess large lobby budgets f