Small, AN, Paavola, J orcid.org/0000-0001-5720-466X and Owen, A orcid.org/0000-0002-1240-9319 (2023) Multi-level Natural Capital Implementation Within Planetary Boundaries. Business Strategy and the Environment, 32 (6). pp. 3001-3013. ISSN 0964-4733
Abstract
In this conceptual paper, we examine current theories of natural capital approach implementation and identify areas where further research is needed to help humanity live within planetary boundaries. Natural capital and ecosystem service approaches offer an advanced understanding of Earth's life-support systems and their interaction with human well-being at multiple scales, particularly organizations. The insights they offer are present in conservation and accounting literature but are not yet reflected in corporate environmental sustainability literature, a gap this paper seeks to bridge. Without considering scale, it is difficult to understand how micro (individual) and meso (organizational or national) actions contribute to global goals (planetary boundaries). We suggest a multi-level natural capital implementation framework for corporate environmental sustainability and explain how it can advance natural capital implementation by including scoping and monitoring phases and increasing awareness of natural resource dependencies and how it advances multi-level environmental management theory.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2022 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited. |
Keywords: | corporate environmental sustainability; ecosystem services; multi-level organizational theory; natural capital; planetary boundaries |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > School of Earth and Environment (Leeds) > Sustainability Research Institute (SRI) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 12 Oct 2022 14:06 |
Last Modified: | 24 Jan 2024 18:44 |
Status: | Published |
Publisher: | Wiley |
Identification Number: | 10.1002/bse.3282 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:191772 |