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Global Environmental Governance for Corporate Responsibility and Accountability

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  • Jennifer Clapp
Abstract
Recent years have seen a growing movement toward externally imposed regulations directed specifically at improving TNCs' environmental and social performance. This movement draws on a long history, and its most recent incarnation is largely a reaction to disappointment on the part of many with the results of private voluntary initiatives among global firms. A number of international level initiatives have emerged, including the UN's Global Compact and the inclusion of an environment chapter in the OECD Guidelines for Multinational Enterprises. Because these efforts, while externally driven, are voluntary on the part of firms, there have been growing calls for a binding international treaty on corporate accountability. Industry has been extremely resistant to this idea. Many see such a treaty as vital for developing countries, as it could bolster their ability and willingness to monitor and enforce environmental regulations. This is especially important in the Global South, as these countries have seen the bulk of the negative environmental impacts of TNCs in recent decades. Copyright (c) 2005 Massachusetts Institute of Technology.

Suggested Citation

  • Jennifer Clapp, 2005. "Global Environmental Governance for Corporate Responsibility and Accountability," Global Environmental Politics, MIT Press, vol. 5(3), pages 23-34, August.
    • Handle: RePEc:tpr:glenvp:v:5:y:2005:i:3:p:23-34
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    Cited by:

    1. Cia Alves, Elia Elisa & Steiner, Andrea & de Almeida Medeiros, Marcelo & da Silva, Marcelo Eduardo Alves, 2019. "From a breeze to the four winds: A panel analysis of the international diffusion of renewable energy incentive policies (2005–2015)," Energy Policy, Elsevier, vol. 125(C), pages 317-329.
    2. Mulvaney, Dustin & Krupnik, Timothy J., 2014. "Zero-tolerance for genetic pollution: Rice farming, pharm rice, and the risks of coexistence in California," Food Policy, Elsevier, vol. 45(C), pages 125-131.
    3. Muhammad Faisal Majid & Muhammad Meraj & Muhammad Shujaat Mubarik, 2022. "In the Pursuit of Environmental Sustainability: The Role of Environmental Accounting," Sustainability, MDPI, vol. 14(11), pages 1-20, May.
    4. Alejandra Burchard-Levine & Dave Huitema & Nicolas W. Jager & Iris Bijlsma, 2024. "Consultancy firms’ roles in policy diffusion: a systematic review from the environmental governance field," Policy Sciences, Springer;Society of Policy Sciences, vol. 57(3), pages 691-718, September.
    5. Timothy Cadman & Lauren Eastwood & Federico Lopez-Casero Michaelis & Tek N. Maraseni & Jamie Pittock & Tapan Sarker, 2015. "The Political Economy of Sustainable Development," Books, Edward Elgar Publishing, number 15773.
    6. José Andrade & José Puppim de Oliveira, 2015. "The Role of the Private Sector in Global Climate and Energy Governance," Journal of Business Ethics, Springer, vol. 130(2), pages 375-387, August.
    7. Jennifer Clapp, 2017. "Responsibility to the rescue? Governing private financial investment in global agriculture," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 34(1), pages 223-235, March.
    8. Van Alstine, James & Barkemeyer, Ralf, 2014. "Business and development: Changing discourses in the extractive industries," Resources Policy, Elsevier, vol. 40(C), pages 4-16.
    9. Christine Moser & Sina Leipold, 2021. "Toward “hardened” accountability? Analyzing the European Union's hybrid transnational governance in timber and biofuel supply chains," Regulation & Governance, John Wiley & Sons, vol. 15(1), pages 115-132, January.
    10. Amandine Bled, 2009. "Business to the rescue: private sector actors and global environmental regimes’ legitimacy," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(2), pages 153-171, May.
    11. Ananya Reed & Darryl Reed, 2009. "Partnerships for Development: Four Models of Business Involvement," Journal of Business Ethics, Springer, vol. 90(1), pages 3-37, May.
    12. Laurence Vigneau & Michael Humphreys & Jeremy Moon, 2015. "How Do Firms Comply with International Sustainability Standards? Processes and Consequences of Adopting the Global Reporting Initiative," Journal of Business Ethics, Springer, vol. 131(2), pages 469-486, October.
    13. Paul Foley & Karen Hébert, 2013. "Alternative Regimes of Transnational Environmental Certification: Governance, Marketization, and Place in Alaska's Salmon Fisheries," Environment and Planning A, , vol. 45(11), pages 2734-2751, November.
    14. Matteo Fiorini & Bernard Hoekman & Marion Jansen & Philip Schleifer & Olga Solleder & Regina Taimasova & Joseph Wozniak, 2019. "Institutional design of voluntary sustainability standards systems: Evidence from a new database," Development Policy Review, Overseas Development Institute, vol. 37(S2), pages 193-212, July.
    15. Marie Hrabanski, 2017. "Private Sector Involvement in the Millennium Ecosystem Assessment: Using a UN platform to promote market-based instruments for ecosystem services," Post-Print hal-02958744, HAL.
    16. Clapp, Jennifer, 2008. "Illegal GMO releases and corporate responsibility: Questioning the effectiveness of voluntary measures," Ecological Economics, Elsevier, vol. 66(2-3), pages 348-358, June.
    17. Peter Dauvergne & Jennifer Clapp, 2016. "Researching Global Environmental Politics in the 21st Century," Global Environmental Politics, MIT Press, vol. 16(1), pages 1-12, February.
    18. Michael Givel, 2013. "Modern Neoliberal Philanthropy: motivations and impact of Pfizer Pharmaceutical’s corporate social responsibility campaign," Third World Quarterly, Taylor & Francis Journals, vol. 34(1), pages 171-182.
    19. Prno, Jason & Scott Slocombe, D., 2012. "Exploring the origins of ‘social license to operate’ in the mining sector: Perspectives from governance and sustainability theories," Resources Policy, Elsevier, vol. 37(3), pages 346-357.
    20. Raimund Bleischwitz, 2014. "Transparency in the Extractive Industries: Time to Ask for More," Global Environmental Politics, MIT Press, vol. 14(4), pages 1-9, November.
    21. Emily Williams, 2020. "Attributing blame?—climate accountability and the uneven landscape of impacts, emissions, and finances," Climatic Change, Springer, vol. 161(2), pages 273-290, July.

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