Title |
Improving global environmental management with standard corporate reporting |
ID_Doc |
65654 |
Authors |
Kareiva, PM; McNally, BW; McCormick, S; Miller, T; Ruckelshaus, M |
Title |
Improving global environmental management with standard corporate reporting |
Year |
2015 |
Published |
Proceedings Of The National Academy Of Sciences Of The United States Of America, 112.0, 24 |
DOI |
10.1073/pnas.1408120111 |
Abstract |
Multinational corporations play a prominent role in shaping the environmental trajectory of the planet. The integration of environmental costs and benefits into corporate decision-making has enormous, but as yet unfulfilled, potential to promote sustainable development. To help steer business decisions toward better environmental outcomes, corporate reporting frameworks need to develop scientifically informed standards that consistently consider land use and land conversion, clean air (including greenhouse gas emissions), availability and quality of freshwater, degradation of coastal and marine habitats, and sustainable use of renewable resources such as soil, timber, and fisheries. Standardization by itself will not be enough-also required are advances in ecosystem modeling and in our understanding of critical ecological thresholds. With improving ecosystem science, the opportunity for realizing a major breakthrough in reporting corporate environmental impacts and dependencies has never been greater. Now is the time for ecologists to take advantage of an explosion of sustainability commitments from business leaders and expanding pressure for sustainable practices from shareholders, financial institutions, and consumers. |
Author Keywords |
corporate sustainability; ESG reporting; natural capital; ecosystem services; multinational corporations |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
EID |
WOS:000356251800031 |
WoS Category |
Multidisciplinary Sciences |
Research Area |
Science & Technology - Other Topics |
PDF |
https://www.pnas.org/content/pnas/112/24/7375.full.pdf
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