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Guest Lecture on Nature as a Stakeholder: Monica Nadegger (LMU Munich, MCI – The Entrepreneurial School) in the Course Organizing Sustainability

Traditionally, stakeholders are defined as human actors, but what role does nature play in this concept? As part of the Organizing Sustainability course, Monica Nadegger, PostDoc at LMU Munich and MCI – The Entrepreneurial School (Innsbruck), delivered an insightful and inspiring lecture on why and how non-human nature can be considered a legitimate stakeholder.

[Translate to Englisch:] Vortragende Monica Nardegger

Business activities are often viewed separately from the natural environment. However, nature directly influences organizations: extreme weather events such as hurricanes or droughts can harm companies, while environmental factors like air quality or biodiversity affect business operations. At the same time, companies cause significant environmental damage through emissions, water pollution, or land use. Yet, nature remains largely unconsidered in many corporate strategies.

Monica Nadegger emphasized that companies bear not only economic but also moral responsibility for the environment. Ignoring ecological aspects poses risks such as regulatory disadvantages and reputational damage. She advocated for sustainable decision-making that integrates environmental factors from the outset.

Recognizing nature as a stakeholder offers numerous benefits: long-term resilience, regulatory security, and a better understanding of the interdependence between business and the environment. Moreover, it can help companies actively shape sustainable and responsible economic systems.

Course instructor Milena Leybold and participating students gained valuable insights into this forward-looking research field through the guest lecture. The talk compellingly demonstrated that social and ecological transformation begins with everyday business decisions—including recognizing nature as a stakeholder.