scholarly journals Business Action on Climate Change

2019 ◽  
pp. 273-283
Author(s):  
Shankar Venkateswaran ◽  
Mukund Rajan
Keyword(s):  
Climate Change ◽  
Civil Society ◽  
Private Sector ◽  
Triple Bottom Line ◽  
Carbon Price ◽  
Environmental Reporting ◽  
Bottom Line ◽  
Core Business

This chapter provides a perspective on how the Indian private sector is responding to sustainability and climate change challenges by beginning to embrace the idea of a ‘triple bottom line’. It notes that an increasing number of Indian businesses have begun to take actions, such as increased sustainability, environmental reporting, and adoption of internal actions, including setting emission targets and an internal carbon price. However, the pace is not uniform; large companies with a global footprint, and some sectors like electricity, are moving faster than others. While, globally, this shift is due to greater pressures from regulators, investors, customers, employees, and communities, in India, regulations are the dominant external trigger, with civil society action growing in importance. While leadership companies will continue to mainstream sustainability and climate change into their core business, this process will be significantly deepened if other stakeholders—customers, investors, and employees—also push businesses.

scholarly journals MODELING THE BARRIERS OF SOCIAL DIMENSION IN SUSTAINABLE SUPPLIER CHAIN MANAGEMENT

10.6036/10282 ◽  
2022 ◽  
Vol 97 (1) ◽  
pp. 12-12
Author(s):  
Jih-Kuang Chen Chen
Keyword(s):  
Supply Chain ◽  
Social Responsibility ◽  
Environmental Protection ◽  
Triple Bottom Line ◽  
Economic Benefits ◽  
Social Dimension ◽  
Bottom Line ◽  
Chain Management ◽  
Core Business ◽  
Supplier Chain

In the supply chain, a core business and its upstream and downstream companies systematically coordinate the Triple Bottom Line (TBL) to maximize economic benefits, social responsibility, and environmental protection from a strategic height.

scholarly journals The Case for ‘Human Diplomacy’

2020 ◽  
Vol 15 (4) ◽  
pp. 670-680
Author(s):  
Javier Solana
Keyword(s):  
Public Health ◽  
Climate Change ◽  
Food Security ◽  
Civil Society ◽  
Private Sector ◽  
Public Goods ◽  
Global Governance ◽  
Shared Governance ◽  
Human Security ◽  
Global Public Goods

Summary Apocalyptic predictions on the world’s future after COVID-19 are unfounded. Structures of global governance can be reinforced through greater subsidiarity; that is, by enhancing the participation of local authorities, by the involvement of civil society and the private sector and by regionalising initiatives, where appropriate. Furthermore, globalisation’s scope should be extended to comprise the shared governance of all global public goods and elements affecting human security. This essay outlines how this transformation could work for the four policy areas of global trade, food security, public health and climate change.

ENVIRONMENTAL REPORTING IN AUSTRALIA: THE PAST, THE PRESENT ANDTHE FUTURE

2000 ◽  
Vol 40 (1) ◽  
pp. 617
Author(s):  
C.M. Deegan
Keyword(s):  
Sustainable Development ◽  
Triple Bottom Line ◽  
Financial Accounting ◽  
Environmental Reporting ◽  
Bottom Line ◽  
Social Accounting ◽  
The Past ◽  
The Future ◽  
Social And Environmental Reporting

This paper provides an overview of Australian environmental reporting. Specifically, the topics to be considered include: a brief consideration of trends in environmental reporting together with an overview of industry initiatives to encourage environmental reporting; an overview of regulation pertaining to environmental reporting; an overview of trends towards the practice of sustainable development reporting with particular reference to triple bottom line reporting; an examination of social accounting and social auditing; an investigation of the linkage between social and environmental reporting and financial accounting; and, projections about the future of social and environmental reporting.

Getting to the Bottom of “Triple Bottom Line”

2004 ◽  
Vol 14 (2) ◽  
pp. 243-262 ◽  
Author(s):  
Wayne Norman ◽  
Chris MacDonald
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Triple Bottom Line ◽  
Environmental Reporting ◽  
Bottom Line ◽  
And Performance ◽  
Social And Environmental Reporting ◽  
Corporate Social

Abstract:In this paper, we examine critically the notion of “Triple Bottom Line” accounting. We begin by asking just what it is that supporters of the Triple Bottom Line idea advocate, and attempt to distil specific, assessable claims from the vague, diverse, and sometimes contradictory uses of the Triple Bottom Line rhetoric. We then use these claims as a basis upon which to argue (a) that what is sound about the idea of a Triple Bottom Line is not novel, and (b) that what is novel about the idea is not sound. We argue on both conceptual and practical grounds that the Triple Bottom Line is an unhelpful addition to current discussions of corporate social responsibility. Finally, we argue that the Triple Bottom Line paradigm cannot be rescued simply by attenuating its claims: the rhetoric is badly misleading, and may in fact provide a smokescreen behind which firms can avoid truly effective social and environmental reporting and performance.

scholarly journals Market barriers for voluntary climate change mitigation in the South African private sector

2014 ◽  
Vol 17 (5) ◽  
pp. 639-652 ◽  
Author(s):  
Derick De Jongh ◽  
Carmen Möllmann
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
South Africa ◽  
Private Sector ◽  
South African ◽  
Climate Change Mitigation ◽  
Voluntary Action ◽  
The South ◽  
Bottom Line ◽  
Change Mitigation

A key challenge in the twenty-first century is to enable economic growth and increase both environmentalquality and social inclusiveness, while mitigating and adapting to the impacts of climate change. The need for a transition to more sustainable consumption and production patterns is undeniable and sustainable economic growth must be placed at the heart of future development for all citizens. The South African private sector is under enormous pressure to remain globally competitive while balancing the interests of society, the environment and its shareholders. It has been suggested that there are discrepancies between what companies say and what they actually do, as they are challenged to move from policy to action. This paper evaluates the extent to which the private sector in South Africa adheres to voluntary climate change mitigation mechanisms and identifies potential market barriers impeding the large-scale uptake of such mechanisms. The research findings suggest that the private sector in South Africa has adopted a “take position, wait and see approach” which places them in a position to take advantage of and influence the opportunities and risks associated with climate change without having a negative impact on the bottom line. The primary barrier to voluntary climate change action is the vagueness of local and international policy frameworks. The different rules and resultant uncertainty around local and international frameworks appear to impede consistent and meaningful action. Although this uncertainty does not prevent the private sector from taking voluntary action, it does appear to negatively affect the overall scale and type of climate change mitigation efforts. While companies are continually improving the quality of sustainability reporting and public disclosure, the challenge still lies in translating these strategies into daily operations and sustainable practice that goes beyond ad hoc mitigation actions.

Environmental Reporting in Print and Electronic Media

2001 ◽  
pp. 333-346 ◽  
Author(s):  
Klaus Tochtermann ◽  
Andree Keitel ◽  
Thomas Schutz
Keyword(s):  
Climate Change ◽  
Water Resources ◽  
Private Sector ◽  
Electronic Media ◽  
Annual Reports ◽  
Environmental Reporting ◽  
The Public ◽  
Environmental Objects ◽  
State Of The Environment ◽  
Environmental Agencies

Reporting to and providing the public with information on the environment is becoming increasingly important for governmental environmental agencies at the regional, national and international levels. In the private sector, a growing number of companies are now voluntarily disclosing environmental information, both as stand-alone corporate reports and as special environmental or sustainability sections within corporate annual reports. An environmental report of a public administration serves the purpose to inform the public about the state of the environment in their country or region. While formerly such reports were structured along environmental objects, such as air, forests, water resources and traffic, one can observe a new trend towards a structure along environmental topics such as climate change, mobility and biodiversity.

The Impact of Climate Change on Global Entrepreneurial Activities

2021 ◽  
pp. 446-462
Author(s):  
Mkhothi Tshabalala ◽  
Andrisha Beharry Ramraj ◽  
Jayrusha Ramasamy-Gurayah
Keyword(s):  
Climate Change ◽  
Production Efficiency ◽  
Triple Bottom Line ◽  
Business Practices ◽  
Sustainable Business ◽  
Bottom Line ◽  
Business Sustainability ◽  
The World ◽  
Entrepreneurial Activities ◽  
The Impact

In this era of climate change, there has been urgent calls for entrepreneurs to adopt sustainable business practices. Entrepreneurs need to seek to increase their production efficiency. Entrepreneurs have looked at sustainability as a solution to improve value for society, the environment, and financial gains for their businesses. Businesses around the globe are embracing entrepreneurial business sustainability with the aim of increasing their triple bottom line. Climate change has challenged not only governments across the world but also businesses. Businesses around the globe are embracing entrepreneurial business sustainability with the aim of increasing their triple bottom line. Climate change has challenged not only governments across the world but also businesses, and as a result, efforts have been made by various stakeholders such as the United Nations to assist countries in mitigating the consequences of climate change on economic, social, and ecological dimensions.

One Region, One Commitment: Towards Sustainable Recovery in Latin America and the Caribbean

2021 ◽  
Author(s):  
Jennifer Doherty-Bigara ◽  
Andrea García Salinas ◽  
Daniella Restrepo Duarte
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Latin America ◽  
Civil Society ◽  
Private Sector ◽  
Climate Policies ◽  
The Caribbean ◽  
Sustainable Recovery

In preparation for the next UN Biodiversity Conference (COP15) and UNFCCC Climate Change Conference (COP26), the IDB Group organized “One Region, One Commitment”, a virtual summit to showcase the regions multiple achievements in the climate change and biodiversity agendas in Latin America and the Caribbean. A total of 22 sessions were held throughout 3 days, in which speakers discussed the advanced climate policies that are being promoted by several countries, underscored that the role of the private sector and civil society is indispensable and unpostponable, highlighted the unique opportunity we now have to reflect on the type of recovery we want for the region, and examined how to harmonize sustainability goals with economic growth from multiple fronts. This document provides a brief summary of the main takeaways from the summit. We hope it also serves as a guide to continue learning from the valuable knowledge and experience shared during this event.

Sign in / Sign up

Export Citation Format

Share Document