Many of the world’s largest companies––including Nike, Levi’s, Pepsi, Walmart, and Shell––have invested huge amount of money and energy into improving their carbon footprints and promoting sustainability within their industries. As the book points out, there are now those that believe Walmart “has more influence on the business environment than the U.S. government and other regulators.”
So here’s the question: are companies going to do more than governments for sustainability? Gunther argues that “Walmart (not EPA) sets standards for packaging. Clothing makers like Gap and Timberland enforce labor standards in China which are properly the province of state authorities. Big companies are doing what governments once did”.
It’s a suprising feature of the modern sustainability world: where governments have been slow to push for change, companies have taken up some of the slack.
What do you think? Is this a good thing? Where should responsibility lie in this field? As always be sure to get in touch.