"Rightsholdership connects directly to the idea of wellbeing as the ultimate end, if approached right and really processed through from the individual (nano) level of understanding, through the micro (organizational) level, meso (industry, portfolio or habitat) level, macro (economic, ecologic, social) level, up to what we at r3.0 call the ‘supra level’, that’s where the wellbeing of all is manifesting itself. As mentioned earlier, I am a deep believer of Plato’s ‘The one will never be well unless the whole is well’. That ‘whole’ includes all species on planet Earth, including us humans.
Rightsholdership also exposes the flaws of shareholder and stakeholder primacy as remarked in earlier parts. Over the last years I was trying to better grasp how a basic understanding of rightsholdership would help to enable wellbeing, and what came out is a cause-and-effect feedback loop. The starting point actually is the nano/personal level, by which the awareness of a bigger whole changes a dominant leadership attitude (competition) to the idea of stewardship (collaboration). The impacts then develop into the micro, meso and macro level and then create accountability feedback loops up until the supra level." (https://www.linkedin.com/pulse/big-sustainability-illusion-goodbye-esg-lalaland-hello-ralph-thurm/)