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Prior research on sustainability in business often assumes that decisions on social and environmental investments are made for instrumental reasons, which points to causal relationships between corporate financial performance and corporate social and environmental commitment. In other words, social or environmental commitment should predict higher financial performance. The theoretical premise of sustainability, however, is based on a systems perspective, which implies a tighter integration between corporate financial performance and corporate commitment to social and environmental issues. In this paper, we describe the important theoretical differences between an instrumental and integrative logic in managing business sustainability. We test the presence of each logic using data from 738 firms over 13 years and find evidence of integrative logic applied in business.

Worldwide many businesses have recently pledged to sourcing agricultural and timber products exclusively from deforestation and fire‐free supply chains. Geoinvestigations—monitoring the activities of plantation companies using satellites and concession maps—are now applied to identify which companies breach their commitments and regulations. We investigate the limitations of geoinvestigations by analyzing land‐use and fire in and around 163 Indonesian concessions of oil‐palm and pulpwood, where recurring forest and peatland fires are a national and international concern. We reveal a mismatch between de jure and de facto land occupancy inside and outside concessions. Independent farmers are present in concessions while some companies expand outside concessions. Thus, both actors may be responsible for deforestation and fire inside and outside concessions. On peatland, fire can start outside and spread into concessions, while draining in concessions may promote fire outside. These dynamics make attribution of fire and deforestation in Indonesian concessions impossible without detailed field investigations. This study highlights the need to combine very high‐resolution satellite data with extensive field investigations of de facto land ownership, claims and disputes inside and outside concessions. In Indonesia, such activities could fall under the One Map Policy, whose remit is to identify and resolve overlapping land claims.

Purpose The 2030 Agenda represents a unique and historic opportunity to achieve sustainable development by establishing high-priority issues to be addressed, such as the eradication of extreme poverty, the reduction of inequalities, and inclusive economic growth with decent work for all. This study aims to analyze the commitment of the world’s leading companies to the sustainable development goals (SDGs) set out in this roadmap. Design/methodology/approach To provide a dynamic and global view of corporate commitment to the 2030 Agenda, the authors identified the 3,910 companies that have reported on various initiatives related to the SDGs over the period 2019–2022 (15,640 observations), based on the Refinitiv database. The companies that make up the sample are located in 71 countries across eight geographic regions. Findings The results show a positive evolution in the actions and initiatives that companies are developing to contribute to the protection of people, the planet, prosperity, universal peace, and access to justice. However, there are differences between regions and countries and between the 17 objectives. Originality/value The authors’ approach allows for a detailed understanding of business preferences, how these sustainable business practices contribute to achieving the SDGs in different regions and what contextual factors influence this contribution. In this sense, the analysis of the regional distribution of corporate commitments to the SDGs provides valuable information on the priority areas of focus in different regions of the world.

The production of palm oil, soy, beef and timber are key drivers of global forest loss. For this reason, over 470 companies involved in the production, processing or distribution of these commodities have issued commitments to eliminate or reduce deforestation from their supply chains. However, the effectiveness of these commitments is uncertain since there is considerable variation in ambition and scope and there are no globally agreed definitions of what constitutes a forest. Many commitments identify high conservation value forests (HCVFs), high carbon stock forests (HCSFs) and forests on tropical peatland as priority areas for conservation. This allows for mapping of the global extent of forest areas classified as such, to achieve an assessment of the area that may be at reduced risk of development if companies comply with their zero deforestation commitments. Depending on the criteria used, the results indicate that between 34% and 74% of global forests qualify as either HCVF, HCSF or forests on tropical peatland. However, we found that the total extent of these forest areas varies widely depending on the choice of forest map. Within forests which were not designated as HCVF, HCSF or forests on tropical peatland, there is substantial overlap with areas that are highly suitable for agricultural development. Since these areas are unlikely to be protected by zero-deforestation commitments, they may be subject to increased pressure resulting from leakage of areas designated as HCVF, HCSF and tropical peatland forests. Considerable uncertainties around future outcomes remain, since only a proportion of the global market is currently covered by corporate commitments. Further work is needed to map the synergies between corporate commitments and government policies on land use. In addition, standardized criteria for delineating forests covered by the commitments are recommended.

While large companies routinely announce greenhouse gas emissions targets, few have derived targets based on global climate goals. This changed in 2015 with the creation of the science based targets (SBTs) initiative, which provides guidelines for setting emission targets in line with the temperature goal of the Paris Agreement. SBTs have now been set by more than 500 companies. Methods for setting such targets are not presented in a comparable way in target-setting guidelines and concerns that certain methods may lead to overshoot of the temperature goal have not been investigated. Here, we systematically characterize and compare all seven broadly applicable target-setting methods and quantify the balance between collective corporate SBTs and global allowable emissions for individual methods and different method mixes. We use a simplified global production scenario composed of eight archetypical companies to evaluate target-setting methods across a range of company characteristics and global emission scenarios. The methods vary greatly with respect to emission allocation principles, required company variables and embedded global emission scenarios. Some methods treat companies largely the same, while others differentiate between company types based on geography, economic sector, projected growth rate or baseline emission intensity. The application of individual target-setting methods as well as different mixes of methods tend to result in an imbalance between time-integrated aggregated SBTs and global allowable emissions. The sign and size of this imbalance is in some cases sensitive to the shape of the global emission pathway and the distribution of variables between the company archetypes. We recommend that the SBT initiative (a) use our SBT method characterisation to present methods in a systematic way, (b) consider our emission imbalance analysis in its method recommendations, (c) disclose underlying reasons for its method recommendations, and (d) require transparency from companies on the calculation of established SBTs.

The original intent of Corporate Social Responsibility (CSR) is to encourage enterprises to earn money from society and give back to society. In other words, enterprises should aim to not merely earn profits for shareholders, but also contribute to social and environmental sustainability. This study discusses the importance of corporate commitment when enterprises engage in CSR. Therefore, enterprises’ fulfillment of their CSR enables them to realize organizational development and sustainable management, in which human resource development plays a significant role. Based on a review of the literature and using the Delphi method, combined with expert interviews and consultations, this study analysed the concepts and practices concerning employee training, care, and safety, to identify relevant dimensions and criteria of corporate commitment. Using the analytic hierarchy process method (AHP), this study determined the weights of various factors. The findings will help enterprises formulate optimal strategies of corporate commitment, thus facilitating effective practices of CSR.

Do environmental policy statements accurately represent corporate commitment to environmental sustainability? Because companies are not required by law to publish environmental policy statements or to verify that these statements are true using independent third parties, external stakeholders often wonder when a published commitment to a policy translates into actual policy implementation. The authors analyzed two independent databases to predict the circumstances under which large, leading-edge corporations in industry sectors will commit to and/or implement proactive corporate environmental policies and when it is unlikely they will do so. The authors found that commitment to specific environmental policies does not vary greatly between industry sectors; however, policy implementation does.

The Science Based Targets initiative has published a Comment to our study (Bjørn et al 2021 Environ. Res. Lett. 16 054019). We see the Comment as an important step towards addressing our study’s call for more systematic presentation of methods for setting science-based targets and increased transparency behind the initiative’s method recommendations. We also agree with some of the Comment’s points of criticism of our study and the related nuances introduced. Yet, we find other points to be inaccurate or misdirected. Here, we reply to the Comment by clarifying misunderstandings on our study’s aims, providing additional methodological details, and elaborating on our perspectives.

With the growing awareness of environmental protection, more and more enterprises have made green marketing an important metric of performance evaluation. Referring to the relevant literature, this paper simplifies the purchase scenarios in the supermarket, and puts forward several hypotheses on the relationship between green marketing, corporate commitment and purchase decision. Next, two event-related potential (ERP) experiments were carried out to verify the impact of green market on purchase decision, and the impact of corporate commitment on the buyer in the presence of green marketing. The results show that both green marketing and corporate commitment promote the purchase behaviour; the two factors attract much attention in the early stage of cognition, appearing as a large amplitude of P2 components; the consumer has a great cognitive conflict when he/she chooses to buy from a supermarket with green marketing/corporate commitment, as evidenced by the large amplitude of P2 components; the differential green marketing/corporate commitment scenario leads to the higher risk of decision-making, inducing more cognitive conflicts. The research results provide a reference for enterprises to formulate green marketing plans and attract potential buyers.

PurposeThis study aims to examine the various climate change practices adopted by firms and develop a set of corporate indexes that measure the level of climate change corporate commitment, climate change risk management integration and climate change strategies adoption. Moreover, this study examines the relationship between the aforementioned indexes. The authors claim that there is a positive relationship between the adoption of climate change strategies, corporate commitment and risk management integration. The aforementioned indexes have been used to assess the largest companies in the oil and gas sectors.Design/methodology/approachTo assess this study’s sample companies, a content analysis of their carbon disclosure project (CDP) reports for the years 2012-2015 was conducted. Finally, weights were assigned to the content analysis data based on the results of a survey regarding the difficulty of implementing each climate change practice included in the respective index. The survey sample included climate change experts who are either currently employed in companies that are included in the Financial Times Global 500 (FT 500) list, or work as external partners with these companies.FindingsThe present study results highlight the need for developing elaborate corporate indexes, as the various climate change practices have different degrees of difficulty regarding their implementation. Additionally, a general trend in adopting climate change strategies is observed, especially in the field of carbon reduction strategies, which mainly involve the implementation of low carbon technologies. Finally, a positive and significant relationship was found between carbon reduction targets, risk management integration and climate change strategies.Practical implicationsAlthough international research has extensively examined the importance of managers’ perceptions on environmental issues as an enabling factor in developing environmental strategies, according to the results of our survey, corporations must go beyond top management commitment towards climate change to be able to successfully implement climate change strategies. Incorporation of climate change risk management procedures into a company’s core business activities as well as the establishment of precise carbon reduction targets can provide the basis on which successful climate change strategies are implemented.Originality/valueMost studies address the issue of climate change management in terms of environmental or sustainability management. Furthermore, research on climate change and its relationship with business management is mainly theoretical, and climate change corporate performance is measured with aggregate indexes. This study focuses on climate change which is examined from a five-dimensional perspective: top management commitment, carbon reduction targets, risk management integration, carbon reduction and carbon compensation strategies. This allows us to conduct an in-depth analysis of the various climate change practices of firms.