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The Ocean 100: Transnational corporations in the ocean economy
Stockholm University, Faculty of Science, Stockholm Resilience Centre.ORCID iD: 0000-0002-4105-6372
Stockholm University, Faculty of Science, Stockholm Resilience Centre.ORCID iD: 0000-0002-0888-0159
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Number of Authors: 92021 (English)In: Science Advances, E-ISSN 2375-2548, Vol. 7, no 3, article id eabc8041Article in journal (Refereed) Published
Abstract [en]

The ocean economy is growing as commercial use of the ocean accelerates, while progress toward achieving international goals for ocean conservation and sustainability is lagging. In this context, the private sector is increasingly recognized as having the capacity to hamper efforts to achieve aspirations of sustainable ocean-based development or alternatively to bend current trajectories of ocean use by taking on the mantle of corporate biosphere stewardship. Here, we identify levels of industry concentration to assess where this capacity rests. We show that the 10 largest companies in eight core ocean economy industries generate, on average, 45% of each industry's total revenues. Aggregating across all eight industries, the 100 largest corporations (the Ocean 100) account for 60% of total revenues. This level of concentration in the ocean economy presents both risks and opportunities for ensuring sustainability and equity of global ocean use.

Place, publisher, year, edition, pages
2021. Vol. 7, no 3, article id eabc8041
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Economics and Business
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URN: urn:nbn:se:su:diva-190986DOI: 10.1126/sciadv.abc8041ISI: 000608481000014PubMedID: 33523873OAI: oai:DiVA.org:su-190986DiVA, id: diva2:1536948
Available from: 2021-03-12 Created: 2021-03-12 Last updated: 2022-02-25Bibliographically approved

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Jouffray, Jean-BaptisteBlasiak, RobertÖsterblom, Henrik

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