This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...

As financial institutions and policymakers worldwide are considering how to integrate sustainability considerations throughout financial systems, a critical question is whether banks can effectively assess and monitor borrowers' environmental credit risk. China's green credit reforms, part of...

The biblical prohibition against “placing a stumbling block before a blind person” mentioned in Leviticus (19:14) is interpreted metaphorically with “blind” representing any person or group that is unaware, unsuspecting, ignorant, or morally blind. Individuals are prohibited from taking...

In recent years numerous studies and media accounts have discussed how companies that are improving their environmental performance by undertaking green production are reporting significant financial benefits from doing so. While deriving financial benefits is good for business, the...

The information technology (IT) and IT products industry has become the essential "first pillar" industry and an important force behind the growth of China's national economy. However, information technology-related electrical and electronic waste has also caused a considerable environmental...

The configuration and context of business at the global level is transforming with the growing need for sustainability coupled with growth. The intensified competition, consumer expectations, governance imperative and natural resource crunch have driven corporate leadership to synthesize their...

In 2018, the Indian government produced a draft mineral policy for non-fuel minerals (DMP). By analysing some interesting features of the policy concerning the grant of mining rights, the use of mineral receipts and the participation of local communities in land use decision making, this piece...

Stakeholders who seek to reward or punish businesses for their environmental programs often cannot observe these organizations’ internal policies and operations. To address these informational problems, and signal their beyond-compliance environmental commitments, some businesses are...

In the context of emission trading it seems to be taken as given that people's preferences can be ignored with respect to the whole process of fixing emission targets and allocating emission permits to polluters. With this paper we want to reopen the debate on how citizens can be involved in...

As GHG emissions did not decline as anticipated early of the 1990ties Carbon Capture and Storage (CCS) recently gained more and more attention as a climate change mitigation option. However, CO2 suppressed in geological reservoirs is likely to lead to future releases of the CO2 stored. This...