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Projekt Page: about Corporation 2020 Pavan Sukhdev (see: Article)

Pavan Sukhdev
Born (1960-03-30) March 30, 1960 (age 64)
NationalityIndian
Alma materCollège du Léman, Switzerland

Dover College, USA

University of Oxford, UK

Corporation 2020 (The book)

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Pavan launched a global campaign called “Corporation 2020” at the Rio+20 conference in 2012. This campaign focusses global attention to the challenge of re-designing the Corporation through critical changes in four key areas of corporate performance (reporting, leverage, advertising and taxation) to deliver a ‘green economy’ from the micro level upwards in order to achieve the goals of sustainable development. The book claims, that the corporations in economic environment are behaving merly egoistic and ignoring the situation beyond their instituion. The film and book the corporation shows this in a thick description. Pavan Sukhdev calls this egoistic coporation "coporation 1920" .

− One decsive landmark in the development of the Corporation 1920 is the case Dodge v. Ford Motor Company at Michigan Supreme Court 1919, which definied the major purpose of a corporation in making money for the shareholders. It is therefore an useful strategy for the coporation to externalize their costs as much as possible and invest only for the benefit of the shareholders. The strategies for successful "coporations 1920" are:

The book argues for a change in business culture and calls this new modell corporation 2020. Four major objectives are important for the Corporation 2020:

  • Goals are closely aligned with those of society
  • An understanding of the corporation's role as community
  • A commitment to developing the corporation as an institute of learning
  • A vision of the corporation as a capital factory

The first three arguments are apparently different from the (egoistic) "Coporation 1920", but the last seems not be new. But the concept of capital in Corporation 2020 is an expanded concept of capital, that also include, social, cultural, natural or human capital. From a "brown economy" to sustainable green economy

Corporation 2020 movement

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The book is followed by the movement Corp2020 (Online 2021, but unchanged, since 2016, last blog-post, about Exxon, see also (Inside climate news).

events of this movement see: "Corperations in a great transition" (offline 2021) roundtable event. Organized by: Tellus Institute and the MIT Sloan School of Management.

Publications and Articles

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Books

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  • Corporation 2020: Transforming Business For Tomorrow's World. Washington, DC: Island Press, 2012.
  • "Why Corporation 2020? The Case for a New Corporation in the Next Decade." Washington, DC: Island Press, 2012.
  • Co-author of TEEB,"The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations." Earthscan, London and Washington (2010): 456.

Publications

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  • Sukhdev, P., Wittmer, H., and Miller, D. (2014), ‘The Economics of Ecosystems and Biodiversity (TEEB): Challenges and Responses’
  • Sukhdev, Pavan. "Transforming the Corporation into a Driver of Sustainability" State of the World 2013. Island Press/Center for Resource Economics, 2013. 143-153.
  • Towards a Green Economy : Pathways to Sustainable Development & Poverty Eradication – A Synthesis for Policy-Makers, Lead author, UNEP, 2011.
  • Sukhdev, P., et al. "Mainstreaming the Economics of Nature: A synthesis of the approach, conclusions and recommendations of TEEB" The Economics of Ecosystems and Biodiversity (2010).
  • The Economics of Ecosystems and Biodiversity (2010) TEEB Report for Business (2010), Co-author, UNEP-TEEB, July 2010
  • The Economics of Ecosystems and Biodiversity (2009) TEEB for National and International Policy Makers (2009), Co-author, UNEP-TEEB, November 2009
  • India’s Financial Sector - An Assessment (Volume III – Advisory Panel on Financial Stability and Stress Testing), Co-author. Reserve Bank of India, March 2009.
  • The Economics of Ecosystems and Biodiversity – Interim Report, lead author, May 2008,
  • The Economics of Ecosystems and Biodiversity, European Communities, 2008
  • Environmental Accounting - Explorations in Methodology, Eds. Amitabh Kundu & Michael von Hauff, MANAK Publications, 2008. Co-author of two chapters : “Green Accounting Methodology for India and its States” and “Green Accounting for Forest Resources in India and its States”.
  • Accounting for Freshwater Quality in India, co-author, Green Accounting for Indian States Project, Monograph 8, TERI Press, September 2007
  • Estimating the Value of Educational Capital Formation in India, co-author, Green Accounting for Indian States Project, Monograph 5, TERI Press, June 2007
  • The Value of Biodiversity in India’s Forests, co-author, Green Accounting for Indian States Project, Monograph 4, TERI Press, December 2006
  • Natural resource accounting for Indian States – Illustrating the case of forest resources, co-author. Ecological Economics, 2007, vol. 61, issue 4, pages 635-649
  • Accounting for the Ecological Services of India’s Forests – Soil Conservation, Water Augmentation, and Flood Prevention, co-author, Green Accounting for Indian States Project, Monograph 7, TERI Press, April 2006
  • Estimating the Value of Agricultural Cropland and Pasture land in India, co-author, Green Accounting for Indian States Project, Monograph 2, TERI Press, December 2005
  • The Value of Timber, Carbon, Fuelwood, and Non-Timber Forest Products in India’s Forests, co-author, Green Accounting for Indian States Project, Monograph 1, TERI Press, January 2005
  • Interest Rate Risk and Derivatives, author of a chapter on The Future of India's Debt Market (Ed. G. Bhardwaj, Tata McGraw-Hill Series, 1998)
  • Report of the Expert Group on Foreign Exchange Markets, (Reserve Bank of India, June 1995). Co-author of the Report and member of the Expert Group, headed by Executive Director of RBI, O.P. Sodhani. This “Sodhani Committee” Report is widely regarded as an enlightened blueprint for the development of India’s foreign exchange market.

Articles

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His articles include two opinion pieces for Nature (2009 and 2012), several blogs for The Guardian, and an opinion piece for The Economist Debate. From 2000, he has also written frequently for several Indian newspapers and magazines (Economic Times, Indian Express, Sanctuary) to popularize the concept of “Green GDP” in India, measuring holistic economic growth as against measuring increasing production and ‘GDP growth’ as a yardstick of progress.

References

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