
In "A Better World, Inc.," Alice Korngold reveals why corporations - not governments - are best positioned to solve global problems. Named among Fast Company's 25 Smartest Women on Twitter, Korngold's work challenges us: can profit-driven companies truly lead humanity's most crucial battles?
Alice Korngold, author of A Better World, Inc.: How Companies Profit by Solving Global Problems...Where Governments Cannot, is a leading expert in corporate social responsibility (CSR), sustainability, and board governance. As President and CEO of Korngold Consulting, she has advised Fortune 500 companies and global NGOs for over two decades, specializing in strategies that align profitability with solving challenges like climate change, healthcare access, and human rights. Her work bridges business innovation and social impact, informed by her role as a visiting professor at York University, where she teaches sustainability and corporate governance.
Korngold’s earlier book, Leveraging Good Will: Strengthening Nonprofits by Engaging Businesses, pioneered frameworks for cross-sector collaboration. A frequent contributor to Fast Company, The Guardian, and Harvard Business Review, she has been recognized among The Guardian’s "Top 30 Most Influential Sustainability Voices" and cited by The Wall Street Journal for shaping CSR metrics. Her methodologies are employed by organizations worldwide, reinforcing her reputation as a trusted voice in ethical business leadership.
A Better World, Inc. argues that multinational corporations can drive global problem-solving while generating profits, focusing on sustainability, ESG (environmental, social, governance), and corporate-NGO partnerships. The book illustrates how businesses address challenges like climate change and inequality through case studies, emphasizing board governance and metrics for impact. Korngold positions companies as critical agents of change where governments fall short.
This book targets executives, board members, CSR professionals, and policymakers seeking strategies to align profit with social impact. It’s also valuable for nonprofit leaders exploring corporate partnerships and students studying sustainable business models. Readers gain actionable insights into governance frameworks and cross-sector collaboration.
Yes, for its evidence-based approach to corporate social responsibility. The book blends academic rigor with real-world examples, offering a roadmap for businesses to tackle global issues like poverty and climate change. Reviewers praise its practicality for leaders aiming to balance profitability and purpose.
Korngold redefines governance by linking it to sustainability and ESG outcomes. She advocates for boards to prioritize long-term societal impact alongside shareholder value, using tools like diversity initiatives and stakeholder engagement metrics. The book highlights governance as a lever for systemic change.
Key frameworks include:
Korngold uses case studies from companies like HP and American Express, demonstrating successful CSR initiatives. She also cites decades of research on board governance and leadership development, drawing from her consulting work with Fortune 100 firms.
Nonprofits are depicted as essential partners for corporations, offering expertise in social and environmental issues. The book stresses the importance of board diversity and strategic alignment to maximize collective impact.
Korngold positions climate action as both a moral imperative and business opportunity. She urges companies to invest in renewable energy, reduce supply chain emissions, and collaborate with NGOs on climate resilience projects.
While praised for its vision, some note the book assumes corporate willingness to prioritize ethics over short-term gains. Critics suggest deeper analysis of regulatory hurdles and competing stakeholder interests.
Compared to Leveraging Good Will (2005), this book expands from nonprofit engagement to global systemic change. It integrates newer concepts like ESG metrics and emphasizes multinational corporations as central actors.
With rising ESG reporting mandates and climate urgency, the book’s strategies for sustainable business models remain critical. Its focus on measurable impact aligns with current trends in corporate accountability.
These lines encapsulate Korngold’s thesis on capitalism’s potential for societal transformation.
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Climate and environmental justice represent critical ethical issues requiring redress.
Market forces present a powerful mechanism to save our planet.
The twin crises of nature loss and climate change cannot be addressed separately-we must solve both or we'll solve neither.
This power comes with responsibility.
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Imagine a world where the most powerful economic entities-global corporations-direct their immense resources toward solving our most pressing challenges. This isn't just idealistic thinking; it's the new business reality. Companies that embrace inclusion and sustainability aren't merely doing good-they're positioning themselves for long-term prosperity in a rapidly changing marketplace. The corporate boardroom has become ground zero for global transformation, with decisions affecting everything from wealth distribution to climate action. These boards determine who gets employed, which suppliers receive contracts, where retirement portfolios are invested, and ultimately, how our collective future unfolds. This power carries profound responsibility-not just ethically, but financially. As stakeholder capitalism gains unprecedented momentum, the question isn't whether corporations should address global challenges, but how they can do so most effectively while creating shared prosperity.