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Evaluation of Sustainability Practices in the United States and Large Corporations.

Authors :
Hashmi, M.
Damanhouri, Amal
Rana, Divya
Source :
Journal of Business Ethics; Mar2015, Vol. 127 Issue 3, p673-681, 9p, 4 Charts
Publication Year :
2015

Abstract

A survey-based research study was conducted to analyze sustainability practices of large U.S. corporations in their domestic and international operations. Large U.S. corporations were slow to address global environmental challenges, but a majority of them now demonstrate a clear understanding of their responsibilities. Most large U.S. corporations are proactively involved in sustainability and environmentally friendly measures, and their involvement at home is more intense than abroad. Analyses revealed that U.S. corporations engage in eight activities related to sustainability: investing in energy-efficient methods, generating electricity from solar power, generating electricity from wind power, using biofuels, trading carbon credits, supporting environmental organizations, generating electricity from biomass, and generating electricity from hydropower. Of these, only generating electricity from biomass and hydropower were not significantly different with respect to U.S. corporations' foreign and domestic implementation. This paper represents the first attempt to determine whether and how U.S. corporations' efforts to promote sustainability differ with respect to their operational locus (domestic or overseas). [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01674544
Volume :
127
Issue :
3
Database :
Complementary Index
Journal :
Journal of Business Ethics
Publication Type :
Academic Journal
Accession number :
101556225
Full Text :
https://doi.org/10.1007/s10551-014-2056-4