IDEAS home Printed from https://ideas.repec.org/a/pal/joibpo/v4y2021i1d10.1057_s42214-020-00095-1.html
   My bibliography  Save this article

The UN’s Sustainable Development Goals: Can multinational enterprises lead the Decade of Action?

Author

Listed:
  • Rob Van Tulder

    (Erasmus University)

  • Suzana B. Rodrigues

    (Erasmus University
    UnB Universidade de Brasília)

  • Hafiz Mirza

    (International Institute for Sustainable Development)

  • Kathleen Sexsmith

    (Pennsylvania State University)

Abstract

The Sustainable Development Goals (SDGs) were adopted in 2015 by all UN member states and have been embraced by many multinational enterprises (MNEs) and international NGOs. They created a ‘hybrid governance’ platform in which companies, governments, NGOs, and knowledge institutes can work on achieving common goals through targeted action and serve as the leading global sustainable development framework until 2030. By the year 2020, however, progress towards the goals proved slow, prompting the UN to announce a ‘Decade of Action’. The slow or limited adoption and implementation of the SDG Agenda by MNEs – in close interaction with government policies – is one of the root causes for delayed progress. The question is no longer ‘why’ MNEs should develop sustainability strategies, but rather ‘how’. A number of related questions arise. What have been the roles of MNEs in progress towards the SDGs, what is needed from them in the future, and what can be the role of international business (IB) scholarship in shaping discussion and action? This Special Issue tackles these questions from four angles: (1) identifying and helping to fill theoretical gaps in IB research on the SDGs; (2) asking which SDGs and targets provide promising venues for societally relevant IB research topics; (3) assessing and helping to fill empirical gaps by using, complementing, and upgrading relevant SDG indicators; and (4) showing how IB research and policy practice can become better aligned.

Suggested Citation

  • Rob Van Tulder & Suzana B. Rodrigues & Hafiz Mirza & Kathleen Sexsmith, 2021. "The UN’s Sustainable Development Goals: Can multinational enterprises lead the Decade of Action?," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 1-21, March.
  • Handle: RePEc:pal:joibpo:v:4:y:2021:i:1:d:10.1057_s42214-020-00095-1
    DOI: 10.1057/s42214-020-00095-1
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s42214-020-00095-1
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1057/s42214-020-00095-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. James X. Zhan & Amelia U. Santos-Paulino, 2021. "Investing in the Sustainable Development Goals: Mobilization, channeling, and impact," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 166-183, March.
    2. Elinor Ostrom, 2010. "Beyond Markets and States: Polycentric Governance of Complex Economic Systems," American Economic Review, American Economic Association, vol. 100(3), pages 641-672, June.
    3. Jacobo Ramirez, 2021. "Governance in energy democracy for Sustainable Development Goals: Challenges and opportunities for partnerships at the Isthmus of Tehuantepec," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 119-135, March.
    4. Joyeeta Gupta & Courtney Vegelin, 2016. "Sustainable development goals and inclusive development," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(3), pages 433-448, June.
    5. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    6. Donald J. Lewis & Xiaohua Yang & Diana Moise & Stephen John Roddy, 2021. "Dynamic synergies between China’s Belt and Road Initiative and the UN’s Sustainable Development Goals," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 58-79, March.
    7. Tracy Van Holt & Martin Delaroche & Ulrich Atz & Kevin Eckerle, 2021. "Financial benefits of reimagined, sustainable, agrifood supply networks," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 102-118, March.
    8. Rob Tulder & Nienke Keen, 2018. "Capturing Collaborative Challenges: Designing Complexity-Sensitive Theories of Change for Cross-Sector Partnerships," Journal of Business Ethics, Springer, vol. 150(2), pages 315-332, June.
    9. Henk W. Volberda & Arie Y. Lewin, 2003. "Co‐evolutionary Dynamics Within and Between Firms: From Evolution to Co‐evolution," Journal of Management Studies, Wiley Blackwell, vol. 40(8), pages 2111-2136, December.
    10. Måns Nilsson & Dave Griggs & Martin Visbeck, 2016. "Policy: Map the interactions between Sustainable Development Goals," Nature, Nature, vol. 534(7607), pages 320-322, June.
    11. Lorraine Eden & M. Fernanda Wagstaff, 2021. "Evidence-based policymaking and the wicked problem of SDG 5 Gender Equality," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 28-57, March.
    12. Ru-Shiun Liou & Rekha Rao-Nicholson, 2021. "Multinational enterprises and Sustainable Development Goals: A foreign subsidiary perspective on tackling wicked problems," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 136-151, March.
    13. Chiara Mio & Silvia Panfilo & Benedetta Blundo, 2020. "Sustainable development goals and the strategic role of business: A systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3220-3245, December.
    14. Kolk, Ans, 2016. "The social responsibility of international business: From ethics and the environment to CSR and sustainable development," Journal of World Business, Elsevier, vol. 51(1), pages 23-34.
    15. Lorraine Eden & Stefanie Lenway, 2001. "Introduction to the Symposium Multinationals: The Janus Face of Globalization*," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 32(3), pages 383-400, September.
    16. Noemi Sinkovics & Rudolf R. Sinkovics & Jason Archie-Acheampong, 2021. "Small- and medium-sized enterprises and sustainable development: In the shadows of large lead firms in global value chains," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 80-101, March.
    17. Andreas Rasche & Sandra Waddock, 2014. "Global Sustainability Governance and the UN Global Compact: A Rejoinder to Critics," Journal of Business Ethics, Springer, vol. 122(2), pages 209-216, June.
    18. Lorraine Eden & M. Fernanda Wagstaff, 0. "Evidence-based policymaking and the wicked problem of SDG 5 Gender Equality," Journal of International Business Policy, Palgrave Macmillan, vol. 0, pages 1-30.
    19. Ari Van Assche & Sarianna Lundan, 2020. "From the editor: COVID-19 and international business policy," Journal of International Business Policy, Palgrave Macmillan, vol. 3(3), pages 273-279, September.
    20. Jan Anton van Zanten & Rob van Tulder, 2018. "Multinational enterprises and the Sustainable Development Goals: An institutional approach to corporate engagement," Journal of International Business Policy, Palgrave Macmillan, vol. 1(3), pages 208-233, December.
    21. Matthew Stephenson & Mohammed Faiz Shaul Hamid & Augustine Peter & Karl P. Sauvant & Adnan Seric & Lucia Tajoli, 2021. "More and better investment now! How unlocking sustainable and digital investment flows can help achieve the SDGs," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 152-165, March.
    22. Ari Van Assche, 2018. "From the editor: Steering a policy turn in international business – opportunities and challenges," Journal of International Business Policy, Palgrave Macmillan, vol. 1(3), pages 117-127, December.
    23. Addisu A. Lashitew, 2021. "Corporate uptake of the Sustainable Development Goals: Mere greenwashing or an advent of institutional change?," Journal of International Business Policy, Palgrave Macmillan, vol. 4(1), pages 184-200, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chang Hoon Oh & Jennifer Oetzel, 2022. "Multinational enterprises and natural disasters: Challenges and opportunities for IB research," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(2), pages 231-254, March.
    2. Justine Kyove & Katerina Streltsova & Ufuoma Odibo & Giuseppe T. Cirella, 2021. "Globalization Impact on Multinational Enterprises," World, MDPI, vol. 2(2), pages 1-15, April.
    3. Kiefner, Valentin & Mohr, Alexander & Schumacher, Christian, 2022. "Female executives and multinationals’ support of the UN's sustainable development goals," Journal of World Business, Elsevier, vol. 57(3).
    4. Jingye Li & Jian Gong & Jean-Michel Guldmann & Jianxin Yang & Zhong Zhang, 2022. "Simulation of Land-Use Spatiotemporal Changes under Ecological Quality Constraints: The Case of the Wuhan Urban Agglomeration Area, China, over 2020–2030," IJERPH, MDPI, vol. 19(10), pages 1-19, May.
    5. Suzana B. Rodrigues & John Child, 2023. "The role of corporations in addressing non-market institutional voids during the COVID-19 pandemic: The case of an emerging economy," Journal of International Business Policy, Palgrave Macmillan, vol. 6(1), pages 115-132, March.
    6. Ivan Montiel & Junghoon Park & Bryan W. Husted & Andres Velez-Calle, 2022. "Tracing the connections between international business and communicable diseases," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(8), pages 1785-1804, October.
    7. Niraja Srinivasan & Lorraine Eden, 2021. "Going digital multinationals: Navigating economic and social imperatives in a post-pandemic world," Journal of International Business Policy, Palgrave Macmillan, vol. 4(2), pages 228-243, June.
    8. Pei Sun & Jonathan P. Doh & Tazeeb Rajwani & Donald Siegel, 2021. "Navigating cross-border institutional complexity: A review and assessment of multinational nonmarket strategy research," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(9), pages 1818-1853, December.
    9. Shih, Tommy & Garvi, Miriam, 2022. "East Asian business schools and challenges to introducing sustainability and SDG curricula," OSF Preprints dhucb, Center for Open Science.
    10. Ascani, Andrea & Nair, Lakshmi Balachandran & Iammarino, Simona, 2023. "Racing to the bottom or seeking legitimacy? National environmental performance and the location strategies of Chinese MNEs," Journal of International Management, Elsevier, vol. 29(2).
    11. Yannick T. Wiessner & Elisa Giuliani & Frank Wijen & Jonathan Doh, 2024. "Towards a more comprehensive assessment of FDI’s societal impact," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(1), pages 50-70, February.
    12. Matevž Rašković, 2022. "International business policymaking for a “wicked” world," Journal of International Business Policy, Palgrave Macmillan, vol. 5(3), pages 353-362, September.
    13. Mirza, Nawazish & Umar, Muhammad & Afzal, Ayesha & Firdousi, Saba Fazal, 2023. "The role of fintech in promoting green finance, and profitability: Evidence from the banking sector in the euro zone," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 33-40.
    14. Ángel Acevedo-Duque & Romel Gonzalez-Diaz & Alejandro Vega-Muñoz & Mirtha Mercedes Fernández Mantilla & Luiz Vicente Ovalles-Toledo & Elena Cachicatari-Vargas, 2021. "The Role of B Companies in Tourism towards Recovery from the Crisis COVID-19 Inculcating Social Values and Responsible Entrepreneurship in Latin America," Sustainability, MDPI, vol. 13(14), pages 1-21, July.
    15. Cuervo-Cazurra, Alvaro & Dieleman, Marleen & Hirsch, Paul & Rodrigues, Suzana B. & Zyglidopoulos, Stelios, 2021. "Multinationals’ misbehavior," Journal of World Business, Elsevier, vol. 56(5).
    16. Syed Abdul Rehman Khan & Ridwan Lanre Ibrahim & Abul Quasem Al-Amin & Zhang Yu, 2022. "An Ideology of Sustainability under Technological Revolution: Striving towards Sustainable Development," Sustainability, MDPI, vol. 14(8), pages 1-21, April.
    17. Anna Galik & Monika Bąk & Katarzyna Bałandynowicz-Panfil & Giuseppe T. Cirella, 2022. "Evaluating Labour Market Flexibility Using the TOPSIS Method: Sustainable Industrial Relations," Sustainability, MDPI, vol. 14(1), pages 1-20, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jan Anton van Zanten & Rob van Tulder, 2020. "Beyond COVID-19: Applying “SDG logics” for resilient transformations," Journal of International Business Policy, Palgrave Macmillan, vol. 3(4), pages 451-464, December.
    2. Fernhaber, Stephanie A. & Zou, Huan, 2022. "Advancing societal grand challenge research at the interface of entrepreneurship and international business: A review and research agenda," Journal of Business Venturing, Elsevier, vol. 37(5).
    3. Simona Fiandrino & Francesco Scarpa & Riccardo Torelli, 2022. "Fostering Social Impact Through Corporate Implementation of the SDGs: Transformative Mechanisms Towards Interconnectedness and Inclusiveness," Journal of Business Ethics, Springer, vol. 180(4), pages 959-973, November.
    4. Kiefner, Valentin & Mohr, Alexander & Schumacher, Christian, 2022. "Female executives and multinationals’ support of the UN's sustainable development goals," Journal of World Business, Elsevier, vol. 57(3).
    5. Ivan Montiel & Alvaro Cuervo-Cazurra & Junghoon Park & Raquel Antolín-López & Bryan W. Husted, 2021. "Implementing the United Nations’ Sustainable Development Goals in international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 999-1030, July.
    6. Niraja Srinivasan & Lorraine Eden, 2021. "Going digital multinationals: Navigating economic and social imperatives in a post-pandemic world," Journal of International Business Policy, Palgrave Macmillan, vol. 4(2), pages 228-243, June.
    7. Kimitaka Nishitani & Akira Kawaguchi, 2022. "Mitigating Gender Inequality in the Workplace: Toward Sustainable Development Through Institutional Changes," Discussion Paper Series DP2022-07, Research Institute for Economics & Business Administration, Kobe University, revised May 2022.
    8. Jan Anton van Zanten & Rob van Tulder, 2021. "Analyzing companies' interactions with the Sustainable Development Goals through network analysis: Four corporate sustainability imperatives," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2396-2420, July.
    9. Jan Anton van Zanten & Rob van Tulder, 2018. "Multinational enterprises and the Sustainable Development Goals: An institutional approach to corporate engagement," Journal of International Business Policy, Palgrave Macmillan, vol. 1(3), pages 208-233, December.
    10. Leopoldo Gutierrez & Ivan Montiel & Jordi A. Surroca & Josep A. Tribo, 2022. "Rainbow Wash or Rainbow Revolution? Dynamic Stakeholder Engagement for SDG-Driven Responsible Innovation," Journal of Business Ethics, Springer, vol. 180(4), pages 1113-1136, November.
    11. Mattia Ubaldo & Steven McGuire & Vikrant Shirodkar, 2022. "Voluntary programs and emissions revisited: What is the effect of EU trade agreements with environmental provisions?," Journal of International Business Policy, Palgrave Macmillan, vol. 5(4), pages 467-489, December.
    12. María Garrido-Ruso & Beatriz Aibar-Guzmán & Albertina Paula Monteiro, 2022. "Businesses’ Role in the Fulfillment of the 2030 Agenda: A Bibliometric Analysis," Sustainability, MDPI, vol. 14(14), pages 1-35, July.
    13. Joyeeta Gupta & Louis Lebel, 0. "Access and allocation in earth system governance: lessons learnt in the context of the Sustainable Development Goals," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-18.
    14. Reyes-Menendez, Ana & Clemente-Mediavilla, Jorge & Villagra, Nuria, 2023. "Understanding STI and SDG with artificial intelligence: A review and research agenda for entrepreneurial action," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    15. Kyoko Sasaki & Wendy Stubbs & Megan Farrelly, 2023. "The relationship between corporate purpose and the sustainable development goals in large Japanese companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2475-2489, September.
    16. Helena Barnard, 2019. "From the editor: The social side of international business policy – mapping social entrepreneurship in South Africa," Journal of International Business Policy, Palgrave Macmillan, vol. 2(1), pages 1-8, March.
    17. Joyeeta Gupta & Louis Lebel, 2020. "Access and allocation in earth system governance: lessons learnt in the context of the Sustainable Development Goals," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(2), pages 393-410, June.
    18. Lartey, Theophilus A. & Amankwah-Amoah, Joseph & Danso, Albert & Adomako, Samuel & Khan, Zaheer & Tarba, Shlomo Y., 2021. "Environmental sustainability practices and offshoring activities of multinational corporations across emerging and developed markets," International Business Review, Elsevier, vol. 30(5).
    19. Samuel Petros Sebhatu & Bo Enquist, 2022. "Values and Multi-stakeholder Dialog for Business Transformation in Light of the UN Sustainable Development Goals," Journal of Business Ethics, Springer, vol. 180(4), pages 1059-1074, November.
    20. Craig W. Hutton & Robert J. Nicholls & Attila N. Lázár & Alex Chapman & Marije Schaafsma & Mashfiqus Salehin, 2018. "Potential Trade-Offs between the Sustainable Development Goals in Coastal Bangladesh," Sustainability, MDPI, vol. 10(4), pages 1-14, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:joibpo:v:4:y:2021:i:1:d:10.1057_s42214-020-00095-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.