From profit to purpose: how electric utility multinationals visualize systemic change and adaptation of organizational ethical culture through scenarios for 2040

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dc.contributor.authorWagner dal Borgo, Rodrigo José
dc.contributor.authorSasia Santos, Pedro Manuel
dc.date.accessioned2025-09-04T08:39:56Z
dc.date.available2025-09-04T08:39:56Z
dc.date.issued2021-10-31
dc.date.updated2025-09-04T08:39:56Z
dc.description.abstractThis article explores how top executives from two electric utility multinationals visualize systemic change and adaptation of their ethical cultures in the future. Allaire and Firsirotu’s framework for organizational culture was incorporated with scenario planning which focused on the influence that the contextual environment exerts on building an organizational ethical culture. The study relied on a holistic and a systems thinking approach to cluster and evaluate six key themes perceived to lead to disruptions in ethical culture. Consequently arriving at the aim to conceive four possible scenarios for 2040 on the future of organizational dynamics and ethical culture in the private electric utility sector. The attributions of relevance for organizational ethical culture and the interrelationships among six key themes demonstrated the greater significance of two themes: From profit to purpose and Environment and Sustainability. As the main driving forces, these two themes guided the development of the scenarios and provided further insights into the flow of power relations, agency, and leverage points for an organizational ethical system.en
dc.description.sponsorshipThis work was supported in part by the European Horizon’s 2020 Research and Innovation Program under the Marie Skłodowska-Curie Grant Agreement No 665959 and in part by several other institutionsen
dc.identifier.citationDal Borgo, R. W., & Sasia, P. M. (2021). From profit to purpose: how electric utility multinationals visualize systemic change and adaptation of organizational ethical culture through scenarios for 2040. Sustainability (Switzerland), 13(21). https://doi.org/10.3390/SU132112045
dc.identifier.doi10.3390/SU132112045
dc.identifier.eissn2071-1050
dc.identifier.urihttps://hdl.handle.net/20.500.14454/3495
dc.language.isoeng
dc.publisherMDPI
dc.rights© 2021 by the authors
dc.subject.otherBusiness ethics
dc.subject.otherElectric utility multinationals
dc.subject.otherEnergy transition
dc.subject.otherNew business models
dc.subject.otherOrganizational ethical culture
dc.subject.otherPragmatism
dc.subject.otherPurpose over profit
dc.subject.otherScenario planning
dc.subject.otherSustainability
dc.subject.otherSystems thinking
dc.titleFrom profit to purpose: how electric utility multinationals visualize systemic change and adaptation of organizational ethical culture through scenarios for 2040en
dc.typejournal article
dcterms.accessRightsopen access
oaire.citation.issue21
oaire.citation.titleSustainability (Switzerland)
oaire.citation.volume13
oaire.licenseConditionhttps://creativecommons.org/licenses/by/4.0/
oaire.versionVoR
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