Evaluation of Sustainability Practices in the United States and Large Corporations

M. Hashmi (), Amal Damanhouri () and Divya Rana ()

Journal of Business Ethics, 2015, vol. 127, issue 3, 673-681

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). Copyright Springer Science+Business Media Dordrecht 2015

Keywords: Sustainability practices; Sustainability ranking; Sustainability index; Large corporations; Renewable energy; Large U.S. corporations; Overseas operation (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (12)

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DOI: 10.1007/s10551-014-2056-4

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