Transnational corporations and the challenge of biosphere stewardship
Open accessAbstract
Sustainability within planetary boundaries requires concerted action by individuals, governments, civil society and private actors. For the private sector, there is concern that the power exercised by transnational corporations generates, and is even central to, global environmental change. Here, we ask under which conditions transnational corporations could either hinder or promote a global shift towards sustainability. We show that a handful of transnational corporations have become a major force shaping the global intertwined system of people and planet. Transnational corporations in agriculture, forestry, seafood, cement, minerals and fossil energy cause environmental impacts and possess the ability to influence critical functions of the biosphere. We review evidence of current practices and identify six observed features of change towards 'corporate biosphere stewardship', with significant potential for upscaling. Actions by transnational corporations, if combined with effective public policies and improved governmental regulations, could substantially accelerate sustainability efforts.
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- Authors
- Folke, C., Österblom, H., Jouffray, J.-B., Lambin, E. F., Adger, W. N., Scheffer, M., Crona, B. I., Nyström, M., Levin, S. A., Carpenter, S. R., Anderies, J. M., Chapin, S., Crépin, A.-S., Dauriach, A., Galaz, V., Gordon, L. J., Kautsky, N., Walker, B. H., Watson, J. R., Wilen, J., & de Zeeuw, A.
- Affiliations
- Royal Swedish Academy of Sciences (SE)
- Stockholm Resilience Centre (SE)
- University of Exeter (GB)
- Wageningen University & Research (NL)
- Princeton University (US)
- University of Wisconsin–Madison (US)
- University of Alaska Fairbanks (US)
- Stockholm University (SE)
- Commonwealth Scientific and Industrial Research Organisation (AU)
- Oregon State University (US)
- University of California, Davis (US)
- Corresponding author
- Folke, Carl
- ORCID
- Venue
- Nature Ecology & Evolution
- Published
- 2019-09-16
- Volume
- 3
- Issue
- 10
- Pages
- 1396-1403
- ISSN
- 2397-334X (ISSN-L)
- OpenAlex
- W2974781182
- Cited by
- 290
- References
- 100
- Citations by year
- 2026: 15 · 2025: 25 · 2024: 37 · 2023: 42 · 2022: 61 · 2021: 62 · 2020: 44 · 2019: 4
- FWCI
- 7.89
- Type
- journal article
- Language
- en
- Open access
- green
- research.wur.nl
- Licence
- Locations
- Nature Ecology & Evolution (publishedVersion)
- PubMed (publishedVersion)
- Socio-Environmental Systems Modeling (acceptedVersion)
- Open Research Exeter (University of Exeter) (acceptedVersion)
- Data Archiving and Networked Services (DANS) (submittedVersion)
- Digital Access to Libraries (Université catholique de Louvain (UCL), l'Université de Namur (UNamur) and the Université Saint-Louis (USL-B)) (submittedVersion, other-oa)
- Figshare (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Corporate Social Responsibility and Sustainability
- Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Environmental Conservation and Management
- Social Sciences › Business, Management and Accounting › Strategy and Management › Global trade, sustainability, and social impact
- Keywords
- multinational corporations, sustainability, planetary boundaries, global change, industry consolidation, forestry, seafood, cement industry, mining, fossil energy, environmental impact
- MeSH terms
- Agriculture, Conservation of Natural Resources, Humans
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