Multinational financial corporations and the sustainable development goals in developing countries

Eduardo Ordonez-Ponce and Olaf Weber

Journal of Environmental Planning and Management, 2022, vol. 65, issue 6, 975-1000

Abstract: Multinational financial corporations are key to sustainability by implementing practices disclosed through sustainability reports. This is where research has been focused, leaving a gap concerning their sustainability foci on developing countries. This article studies the largest financial corporations from developed and emerging countries identifying the SDGs on which they focus in developing countries, the evolution of their contributions and differences in the SDGs, and where their focus is in the developing world. The largest multinational financial corporations were selected, their sustainability reports assessed, and mixed methods conducted finding that the foci of those from developed countries vary across SDGs, countries of origin, impacted developing countries, and since the launch of the SDGs. Findings highlight the SDGs on which financial corporations focus, with those from developed countries implementing more practices than those from emerging economies, and that the contributions of multinational financial corporations have not affected the progress of the SDGs.

Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1080/09640568.2022.2030684 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:jenpmg:v:65:y:2022:i:6:p:975-1000

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CJEP20

DOI: 10.1080/09640568.2022.2030684

Access Statistics for this article

Journal of Environmental Planning and Management is currently edited by Dr Neil Powe, Dr Ken Willis and George Bill Page

More articles in Journal of Environmental Planning and Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().