Pro-environmental behavior prescribed by top companies of the world

Dmitry A. Ruban () and Natalia N. Yashalova
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Dmitry A. Ruban: K.G. Razumovsky Moscow State University of Technologies and Management (the First Cossack University)
Natalia N. Yashalova: Cherepovets State University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2022, vol. 24, issue 6, No 21, 7918-7935

Abstract: Abstract Pro-environmental behavior allows top companies of the world to improve their environmental responsibility, to minimize their impact on nature and to guide smaller businesses. The content of 82 codes of conduct of the 100 largest companies from the Forbes GLOBAL 2000 ranking is analyzed. Prescriptions for pro-environmental behavior are found in 78% of the codes. These prescriptions are extensive in the only 14 codes. The analyzed codes deal in average with four pro-environmental behavior types. The most common are the prescriptions of environmental responsibility and general nature respect. Some companies state climate-friendly behavior. It is established that company location is somewhat important determinant of the prescribed pro-environmental behavior: The West European companies prescribe pro-environmental behavior better than those East Asian. The findings of the present study indicate on a promising state of the eco-ethics stated by the top companies, although they also indicate on the urgency of certain amendments of the codes of conduct.

Keywords: Corporate governance; Eco-ethics; Environmental responsibility; Prescribed behavior; Strategic management (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s10668-021-01766-6

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