Top 1,000 Companies Wield Power Reserved for Nations
By Harvard Professors Robert G. Eccles & George Serafeim
Globalization has concentrated economic power within a group of large companies who are now able to change the world at a scale historically reserved for nations. Just 1,000 businesses are responsible for half of the total market value of the world's more than 60,000 publicly traded companies. They virtually control the global economy.
This vast concentration of influence should be the starting point for any strategy of institutional change toward a sustainable society...
"Why aren't we talking more about raising taxes on carbon & energy?" @harvard Prof Larry Summers in @washingtonpost hvrd.me/112RKzO
— Sustainable Harvard (@GreenHarvard) November 30, 2012
Scary: over 1000 new coal plants are planned worldwide, totaling 1400GW - like "adding another China" to GHG emissions: m.guardiannews.com/environment/20…
— HBS Environment (@HBSBEI) December 7, 2012
Students on campuses across the country ask universities to sell endowments in fossil fuel companies @nytenvironment - nytimes.com/2012/12/05/bus…
— HBS Environment (@HBSBEI) December 5, 2012
New Study @harvardhsph finds declining air pollution levels continue to improve life expectancy in US hvrd.me/SxC4jz
— Sustainable Harvard (@GreenHarvard) December 5, 2012
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