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Transnational corporations and the challenge of biosphere stewardship
Stockholm University, Faculty of Science, Stockholm Resilience Centre. Royal Swedish Academy of Sciences, Sweden.ORCID iD: 0000-0002-4050-3281
Stockholm University, Faculty of Science, Stockholm Resilience Centre.ORCID iD: 0000-0002-1913-5197
Stockholm University, Faculty of Science, Stockholm Resilience Centre. Royal Swedish Academy of Sciences, Sweden.ORCID iD: 0000-0002-4105-6372
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Number of Authors: 212019 (English)In: Nature Ecology & Evolution, E-ISSN 2397-334X, Vol. 3, no 10, p. 1396-1403Article in journal (Refereed) Published
Abstract [en]

Sustainability within planetary boundaries requires concerted action by individuals, governments, civil society and private actors. For the private sector, there is concern that the power exercised by transnational corporations generates, and is even central to, global environmental change. Here, we ask under which conditions transnational corporations could either hinder or promote a global shift towards sustainability. We show that a handful of transnational corporations have become a major force shaping the global intertwined system of people and planet. Transnational corporations in agriculture, forestry, seafood, cement, minerals and fossil energy cause environmental impacts and possess the ability to influence critical functions of the biosphere. We review evidence of current practices and identify six observed features of change towards 'corporate biosphere stewardship', with significant potential for upscaling. Actions by transnational corporations, if combined with effective public policies and improved governmental regulations, could substantially accelerate sustainability efforts.

Place, publisher, year, edition, pages
2019. Vol. 3, no 10, p. 1396-1403
National Category
Earth and Related Environmental Sciences Biological Sciences
Identifiers
URN: urn:nbn:se:su:diva-175692DOI: 10.1038/s41559-019-0978-zISI: 000488304100008PubMedID: 31527729OAI: oai:DiVA.org:su-175692DiVA, id: diva2:1370196
Available from: 2019-11-14 Created: 2019-11-14 Last updated: 2019-12-10Bibliographically approved

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Folke, CarlÖsterblom, HenrikJouffray, Jean-BaptisteAdger, W. NeilCrona, BeatriceNyström, MagnusCrepin, Anne-SophieGalaz, VictorGordon, Line J.Kautsky, Nils
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Stockholm Resilience CentreDepartment of Ecology, Environment and Plant Sciences
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