Table of Contents

Handbook of Research on Global Corporate Citizenship

Handbook of Research on Global Corporate Citizenship

Elgar original reference

Edited by Andreas Georg Scherer and Guido Palazzo

The Handbook of Research on Global Corporate Citizenship identifies and fosters key interdisciplinary research on corporate citizenship and provides a framework for further academic debate on corporate responsibility in a global society.

Chapter 8: Corporate Citizenship and the Environment

Paul Shrivastava

Subjects: business and management, management and sustainability, economics and finance, environmental economics, environment, environmental economics, environmental management

Extract

Paul Shrivastava Introduction The Earth’s continuing degradation due to human activities is now a global concern. For the past three decades, both governments and corporations around the world have struggled with contemporary challenges of business–environmental regulation and the provision of global environmental public goods. Over 150 treaties have been proposed, signed and implemented, the Montreal Protocol, the Kyoto Treaty, and numerous Earth summits among them. We are making good progress on some aspects of understanding and controlling environmental degradation. For example, today as compared to three or even two decades ago, we have much better scientific understanding of natural environmental assets, climate changes, and the impact of human activities on them. We have better national and international policies and standards guiding ecological sustainability (Dowell et al. 2000). There is better inspection surveillance and monitoring of environmental pollution and natural resources than in the past, and there is better environmental regulation of corporations in most countries. Corporations have acknowledged the importance of dealing with ecological sustainability within the logic of their traditional business models. And there are calls to adopt the ‘triple-bottom-line’ model that argues for judging corporate performance on financial, social and ecological performance measures (Savitz and Weber 2006). Corporate efforts focus on a wide range of issues, such as reducing the use of virgin materials, using production methods that are more ecologically efficient, preventing pollution, designing eco-friendly products and packaging, and managing waste in an ecologically sound way. Companies are adopting environmental management programs that...

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