The sustainability of MNE sustainability initiatives
成果类型:
Editorial Material
署名作者:
Zaheer, Srilata
署名单位:
University of Minnesota System; University of Minnesota Twin Cities
刊物名称:
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN:
0047-2506
DOI:
10.1057/s41267-024-00760-0
发表日期:
2025
页码:
491-500
关键词:
sustainability
Climate regulation
SHAREHOLDER ACTIVISM
Prosocial strategy
Competitive advantage
legitimacy
CSR
ESG
摘要:
Allen et al. (J Int Bus Stud, 2024) present a compelling argument that MNEs can play a role in mitigating climate change by utilizing their vast resources, technological advancements, and global reach. They provide a broad set of suggestions of what MNEs can do to advance sustainability across borders but leave the critical question of why MNEs would engage in this effort less explored. In reflecting on their work, I suggest that sustainable MNE initiatives require an interplay of both extrinsic and intrinsic drivers, encompassing stakeholder pressures, regulatory frameworks, and private and public incentives; and recognition by the firms themselves of how climate mitigation could support their strategy and self-interest. The more MNEs recognize the intrinsic benefits of climate-mitigation action in advancing their strategic vision and organizational legitimacy, the greater the likelihood that sustainable practices will become ingrained in their business models, enhancing employee engagement and competitive outcomes, while also contributing positively to societal well-being.