Notes
1 The Intergovernmental Panel on Climate Change (IPCC), Special Report: Global Warming of 1.5 °C, Geneva: World Meteorological Organization, United Nations, 2018.
2 Governance & Accountability Institute, Flash Report S&P 500, 2020.
3 Rebecca Lindsey, “Climate Change: Atmospheric Carbon Dioxide,” ClimateWatch Magazine, August 14, 2020.
4 Apurv Gupta et al., The Decade to Deliver: A Call to Business Action, The United Nations Global Compact—Accenture Strategy CEO Study on Sustainability, 2019.
5 Tobias Hahn et al., “Trade-Offs in Corporate Sustainability: You Can’t Have Your Cake and Eat It,” Business Strategy and the Environment, vol. 19, no. 4, 2010.
6 Stuart L. Hart, “A Natural-Resource-Based View of the Firm,” Academy of Management Review, vol. 20, no. 4, 1995.
7 David Vogel, The Market for Virtue: The Potential and Limits of Corporate Social Responsibility, Washington, DC: Brookings Institution Press, 2007.
8 Katherine White, David J. Hardisty, and Rishad Habib, “The Elusive Green Consumer,” Harvard Business Review, July-August 2019.
9 Ram Nidumolu, C. K. Prahalad, and M. R. Rangaswami, “Why Sustainability Is Now the Key Driver of Innovation,” Harvard Business Review, vol. 87, no. 9, 2009.
10 Dominik Wiedenhofer et al. “Unequal Household Carbon Footprints in China,” Nature Climate Change, vol. 7, 2017.
11 Johan Rockström et al., “A Safe Operating Space for Humanity,” Nature, vol. 461, 2009.
12 Hélène Gorge et al., “What Do We Really Need? Questioning Consumption Through Sufficiency,” Journal of Macromarketing, vol. 35, no. 1, 2015.
13 Mihaly Csikszentmihalyi, “The Costs and Benefits of Consuming,” Journal of Consumer Research, vol. 27, no. 2, 2000.
14 Maike Gossen, Florence Ziesemer, and Ulf Schrader, “Why and How Commercial Marketing Should Promote Sufficient Consumption: A Systematic Literature Review,” Journal of Macromarketing, vol. 39, no. 3, 2019.
15 Hamish van der Ven, Catherine Rothacker, and Ben Cashore, “Do Eco-Labels Prevent Deforestation? Lessons from Non-State Market Driven Governance in the Soy, Palm Oil, and Cocoa Sectors,” Global Environmental Change, vol. 52, 2018.
16 Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, The Global Assessment Report on Biodiversity and Ecosystem Services, New York: United Nations General Assembly, 2019; IPCC, Special Report: Global Warming of 1.5 °C.
17 Sanjay Sharma and Irene Henriques, “Stakeholder Influences on Sustainability Practices in the Canadian Forest Products Industry,” Strategic Management Journal, vol. 26, no. 2, 2005.
18 Tobias Hahn et al., “Cognitive Frames in Corporate Sustainability: Managerial Sensemaking with Paradoxical and Business Case Frames,” Academy of Management Review, vol. 39, no. 4, 2014.
Michael L. Barnett is professor of management and global business at Rutgers Business School, Newark and New Brunswick, where he also serves as academic director of the Rutgers Institute for Corporate Social Innovation.
Benjamin Cashore is the Li Ka Shing Professor of Public Management at the Lee Kuan Yew School of Public Policy at the National University of Singapore. He specializes in environmental governance, public policy, and business sustainability.
Irene Henriques is professor of sustainability and economics at the Schulich School of Business at York University, Canada.
Bryan W. Husted is professor of social responsibility and sustainability at EGADE Business School at Tecnológico de Monterrey, Mexico.
Rajat Panwar is associate professor of sustainable business management at Walker College of Business, Appalachian State University.
Jonatan Pinkse is professor of strategy, innovation, and entrepreneurship and executive director of the Manchester Institute of Innovation Research at the Alliance Manchester Business School, University of Manchester.