Sustainability Standards and Stakeholder Engagement: Lessons from Carbon Markets
H Rawhouser, M Cummings and A Marcus. “Sustainability standards and stakeholder engagement: Lessons from carbon markets”. Organization and Environment, DOI 10.1177/1086026617718434, Forthcoming
27 Pages Posted: 11 Oct 2017
Date Written: October 10, 2017
Abstract
Stakeholders play an increasingly active role in private governance, including development of standards for measuring sustainability. Building on prior studies focused on standards and stakeholder engagement, we use an innovation management theoretical lens to compare stakeholder engagement and standards developed in two carbon markets: the Climate Action Reserve and the U.N.’s Clean Development Mechanism. We develop and test hypotheses regarding how different processes of stakeholder engagement in standard development affect the number, identity, and age of stakeholders involved, as well as the variation and quality of the resulting standards. In doing so, we contribute to the growing literature on stakeholder engagement in developing sustainability standards.
Keywords: Sustainability Standards, Inclusivity, Stakeholder Engagement, Carbon Markets, Crowdsourcing
Suggested Citation: Suggested Citation