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- Sustainability (1) (remove)
Economic globalization has not only reinforced the power of global firms, but also the sustainability challenges we are facing today on global and regional levels. Against this background, an increasingly broad range of governance efforts has aimed at fostering more sustainable business practices. At the national level, in addition to regulatory policy instruments, market-based and network instruments as well as self-regulatory Corporate Social Responsibility (CSR) initiatives have emerged. These instruments differ not only in their degree of bindingness between compulsory and voluntary, but also involve a greater diversity of actor groups like government, business, and civil society organizations. In addition, international instruments like the UN Global Compact principles, the GRI Reporting Guidelines or the
