The ‘purpose ecosystem’: Emerging private sector actors in earth system governance

The private sector arguably plays a critical role in addressing the challenges of the Anthropocene and providing potential solutions to achieve the United Nations Sustainable Development Goals. Recently, a myriad of new actors in the form of intermediaries, initiatives and organisations have started...

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Main Authors: Frederik Dahlmann, Wendy Stubbs, Rob Raven, João Porto de Albuquerque
Format: Article
Language:English
Published: Elsevier 2020-06-01
Series:Earth System Governance
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2589811620300124
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author Frederik Dahlmann
Wendy Stubbs
Rob Raven
João Porto de Albuquerque
author_facet Frederik Dahlmann
Wendy Stubbs
Rob Raven
João Porto de Albuquerque
author_sort Frederik Dahlmann
collection DOAJ
description The private sector arguably plays a critical role in addressing the challenges of the Anthropocene and providing potential solutions to achieve the United Nations Sustainable Development Goals. Recently, a myriad of new actors in the form of intermediaries, initiatives and organisations have started driving wider systems change by advocating and advising companies to reconsider and broaden their fundamental ‘raison d’être’. In this Perspective we argue that the emergence of this ‘purpose ecosystem’ could play an important function within earth system governance, specifically by endorsing and accelerating action aligned with achieving the UN SDGs; yet we also highlight a number of risks, barriers and critical considerations for its overall assessment and propose important questions for further research.
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spelling doaj.art-3321ecc8964b42f590d24e559f663d262022-12-22T00:27:53ZengElsevierEarth System Governance2589-81162020-06-014100053The ‘purpose ecosystem’: Emerging private sector actors in earth system governanceFrederik Dahlmann0Wendy Stubbs1Rob Raven2João Porto de Albuquerque3Warwick Business School, University of Warwick, Scarman Road, Coventry, CV4 7AL, UK; Corresponding author.Centre for Geography & Environmental Science, School of Social Sciences, Monash University, Melbourne, Victoria, 3800, AustraliaMonash Sustainable Development Institute, Monash University, Melbourne, Victoria, 3800, AustraliaInstitute for Global Sustainable Development (Director), School of Cross-Faculty Studies, University of Warwick, Coventry, CV4 7AL, UKThe private sector arguably plays a critical role in addressing the challenges of the Anthropocene and providing potential solutions to achieve the United Nations Sustainable Development Goals. Recently, a myriad of new actors in the form of intermediaries, initiatives and organisations have started driving wider systems change by advocating and advising companies to reconsider and broaden their fundamental ‘raison d’être’. In this Perspective we argue that the emergence of this ‘purpose ecosystem’ could play an important function within earth system governance, specifically by endorsing and accelerating action aligned with achieving the UN SDGs; yet we also highlight a number of risks, barriers and critical considerations for its overall assessment and propose important questions for further research.http://www.sciencedirect.com/science/article/pii/S2589811620300124Earth system governancePrivate sectorPurpose-driven businessPurpose ecosystemUN sustainable development goals
spellingShingle Frederik Dahlmann
Wendy Stubbs
Rob Raven
João Porto de Albuquerque
The ‘purpose ecosystem’: Emerging private sector actors in earth system governance
Earth System Governance
Earth system governance
Private sector
Purpose-driven business
Purpose ecosystem
UN sustainable development goals
title The ‘purpose ecosystem’: Emerging private sector actors in earth system governance
title_full The ‘purpose ecosystem’: Emerging private sector actors in earth system governance
title_fullStr The ‘purpose ecosystem’: Emerging private sector actors in earth system governance
title_full_unstemmed The ‘purpose ecosystem’: Emerging private sector actors in earth system governance
title_short The ‘purpose ecosystem’: Emerging private sector actors in earth system governance
title_sort purpose ecosystem emerging private sector actors in earth system governance
topic Earth system governance
Private sector
Purpose-driven business
Purpose ecosystem
UN sustainable development goals
url http://www.sciencedirect.com/science/article/pii/S2589811620300124
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