TY - JOUR
T1 - Achieving environmental sustainability
T2 - The case for multi-layered collaboration across disciplines and players
AU - Shrivastava, Paul
AU - Guimarães-Costa, Nuno
N1 - Publisher Copyright:
© 2016 Elsevier Inc.
PY - 2017/3/1
Y1 - 2017/3/1
N2 - The sustainable development (SD) paradigm challenges global production and consumption, and the legitimacy of corporations. In this paper we examine corporate responses to legitimacy challenges posed by SD. Corporations initially responded to SD with “eco-efficiency” and corporate social responsibility. More recently, we observe a process of multi-layered collaboration that we here call “hybridization”. In this approach corporations meld their interests with those of key stakeholders – government, political actors, public, consumers, and non-governmental organizations – in the process of achieving environmental sustainability. This exploratory study describes several examples of the hybridization strategy. We explore how corporations are being transformed by hybridization and also transforming the capitalist system in the process.
AB - The sustainable development (SD) paradigm challenges global production and consumption, and the legitimacy of corporations. In this paper we examine corporate responses to legitimacy challenges posed by SD. Corporations initially responded to SD with “eco-efficiency” and corporate social responsibility. More recently, we observe a process of multi-layered collaboration that we here call “hybridization”. In this approach corporations meld their interests with those of key stakeholders – government, political actors, public, consumers, and non-governmental organizations – in the process of achieving environmental sustainability. This exploratory study describes several examples of the hybridization strategy. We explore how corporations are being transformed by hybridization and also transforming the capitalist system in the process.
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U2 - 10.1016/j.techfore.2016.11.019
DO - 10.1016/j.techfore.2016.11.019
M3 - Comment/debate
AN - SCOPUS:85028245469
SN - 0040-1625
VL - 116
SP - 340
EP - 346
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
ER -