Who Speaks for Future Generations?
2007At a moment of planetary crises—ecological, social, economic—long-termism is in short supply. Representing the interests of the unborn requires both a new consciousness and new institutional arrangements. In the case of a corporation, a new governance entity in the form of a Futures Council is one such arrangement. The Council would serve as a watchdog and advocate for future generations in matters pertaining to a the organization’s purpose, strategy and policies. For corporations beholden to short-term pressures, intergenerational stewardship must be ingrained at the highest levels of fiduciary and executive decision-making. Anything less will fail to align corporate activity with the vision of a just and thriving planet in the coming decades.