The global environment & multinational corporations

Abstract

Global companies must forge a partnership to manage the environment. The fact of human intervention in ecological processes is not in doubt. Despite uncertainties and continued controversy, human influences on the global environment appear significant. It is no longer plausible to defer including environmental factors in corporate strategies until scientific consensus is reached. But among environmentalists and policy makers, the responses to environmental change have emphasized underlying processes such as energy use and population growth, largely ignoring institutions, agents, and markets. This omission could impede innovation and forestall prospects for managing the world's environment.