Does corporate social performance reduce greenhouse gas emissions at the macro level?

Johan Graafland, Paul Hudson, Jonas Werner

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

Corporate social performance (CSP) is assumed to have a positive impact on
macroeconomic sustainability, but empirical evidence of this impact is absent in the
literature. The objective of this paper is to investigate the macro impacts of CSP. We
first establish a conceptual framework on the relationship between CSP at the individual business level and sustainability at the macro level. Next, we empirically test the relationship between (averaged) CSP scores and greenhouse gas emissions at the macro level for 22 countries during 20042011. We use Granger causality tests to check for Granger causality. The estimation results show that CSP reduces greenhouse gas emissions, but the long-term effect is rather modest.
Original languageEnglish
Pages (from-to)203-221
Number of pages20
JournalJournal of Environmental Planning and Management
Volume59
Issue number2
Early online date16 Feb 2015
DOIs
Publication statusPublished - 2016

Keywords

  • corporate social performance
  • diffusion
  • greenhouse gas emissions
  • macro impact

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