Advancing the Sustainability Practices of China’s Transnational Corporations

The International Institute for Sustainable Development (IISD) has published the final version of a paper I co-wrote with Simon Zadek and Long Guoqiang as part of a multi-year “sustainable trade strategy for China” with multiple stakeholders from China and abroad, supported by the Swiss SECO.

As IISD writes on its website,

“This paper examines how the Chinese business community can best use international sustainability standards to enhance its competitiveness in global markets, in so doing more effectively placing themselves on a sustainable economic path. We highlight the opportunity for Chinese businesses, supported by enabling public policies, to become a force in shaping the next generation of sustainability standards in global markets as a competitive strategy consistent with China’s broader interests. Doing this requires Chinese actors to engage more deeply in existing standards initiatives and take a more explicit role among the communities that have developed and now govern these standards. Effective engagement in such standards is a means of offsetting competitive disadvantages or creating competitive advantages when businesses and nations choose a more sustainable development path. This paper sets out both strategic options for businesses and policy options for the Chinese government to realize sustainable development and competitiveness goals.” IISD Publications Centre

This is the final version of a paper launched a year earlier by AccountAbility, which I posted about here.

Download the final paper here.

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