United Nations Global Compact: The Promise–Performance Gap

Sethi, S. Prakash; Schepers, Donald H.

doi:10.1007/s10551-013-1629-y

Cited by 151 publications

(123 citation statements)

References 29 publications

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“…The second related scheme that we examine here, the CEO Water Mandate, is an activity domain of the UN Global Compact that emerged as part of the UNGC's strategy of diversification (Sethi and Schepers, 2014). It aims to secure corporate water stewardship and to induce corporations to commit to sustainable water usage (CEO Water Mandate, 2014).…”

Section: Securing Universal Access To Clean Water: An Illustrative Exmentioning

confidence: 99%

“…While the CEO Water Mandate has been heavily criticized, especially for allowing only business organizations to become members, and thus excluding NGOs and other affected social groups from participation (Sethi and Schepers, 2014), the UN as such has the potential to improve the governance of water management through successful orchestration. Thanks to its connection to the UNGC, the CEO Water Mandate would be a good starting point for responsible governance that enables organizations to self-regulate innovation in water use and to distribute the resulting products and processes widely.…”

Section: Securing Universal Access To Clean Water: An Illustrative Exmentioning

confidence: 99%

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Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World

2015

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Section: Securing Universal Access To Clean Water: An Illustrative Exmentioning

confidence: 99%

Section: Securing Universal Access To Clean Water: An Illustrative Exmentioning

confidence: 99%

Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World

2015

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“…From the opposite point of view, some authors disagree with the UN program's no control attitude because the program monitors whether businesses are providing the annual communication but does not audit the information provided. Some companies with poor CSR policies join the program and therefore receive a reputational benefit from participation in the UNGC but can omit important information that might be harmful to company image [14,82].…”

Section: Business Resultsmentioning

confidence: 99%

A new role for the firm incorporating sustainability and human dignity. Conceptualization and measurement

Agüado

Alcañiz

Retolaza

2015

HSM

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Abstract.At the macro level, different institutions (the OECD, the WEF, the UN) have developed sound methodologies to measure the economic, social and environmental impacts of economic activity. At the micro level (i.e., the firm level), it is crucial to develop a methodology to measure how firms contribute to human dignity and social welfare by generating value for stakeholders. Common accounting principles are primarily focused on determining annual profit/loss figures, contributing to shareholders' interests and paying taxes. This accounting model must be complemented with a new approach that can interact with stakeholders while informing them about the value that firms are generating. The accounting process should be able to quantify not only profits but also the impact of firms on suppliers, customers, the environment, local communities, workers' quality of life, employment and society overall. This paper's primary contribution is to present a model that has the ability to monetize all of those interactions and impacts in a manner that is comparable, auditable, understandable and possible to be used by firms of all sizes.

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“…This is a global agreement or compact developed by the United Nations with businesses to align their operations with ten universally accepted principles in the areas of human rights, labor, the environment and anti-corruption. Members companies in this network support the compact and report in line with its principles [37].…”

Section: Sustainability-driven Resourcesmentioning

confidence: 89%

The Role of Sustainability Resources of Large Greenhouse Gas Emitters: The Case of Corporations in Alberta, Canada

Hannouf

Assefa

2017

Sustainability

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Abstract:With the global challenge of climate change, it becomes crucial to understand the factors that can guide carbon intensive companies to comply with environmental regulations through significant reductions in greenhouse gas (GHG) emissions. Using the natural-resource-based view, the argument in this paper is that focusing on sustainability-driven resources by companies is a way to meet environmental compliance and reduce GHG emissions while gaining differential competitive benefits. A specific analysis on Alberta case has discussed large GHG emitters' environmental compliance mechanisms in the context of their sustainability resources. The aim is examining if large GHG emitters in Alberta related to corporations having sustainability resources are complying with the Specified Gas Emitters Regulation (SGER) reduction requirement through cleaner-production driven internal mechanisms. The paper examines the existence of the sustainability resources in the reporting companies related to large GHG emitters responsible for 86% of total GHG reported by facilities with emissions above the threshold of 100 kilotonnes of GHG per year under SGER in Alberta. Corporations are found not using their sustainability resource potential to achieve internal reductions in GHG emissions throughout their facilities. Thus, some recommendations are presented for Alberta case as well as for environmental regulations in other jurisdictions that can potentially help policy makers improve their climate change regulations and achieve their global targets and enable companies to gain competitive advantage while meeting GHG reduction compliance.

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United Nations Global Compact: The Promise–Performance Gap

Cited by 151 publications

References 29 publications

Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World

Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World

A new role for the firm incorporating sustainability and human dignity. Conceptualization and measurement

The Role of Sustainability Resources of Large Greenhouse Gas Emitters: The Case of Corporations in Alberta, Canada

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