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Purpose framing as an informal governance approach to sustainability transformations in the private sector

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Dahlmann, Frederik and Stubbs, Wendy (2023) Purpose framing as an informal governance approach to sustainability transformations in the private sector. Earth System Governance, 15 . 100165. doi:10.1016/j.esg.2023.100165 ISSN 2589-8116.

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Official URL: https://doi.org/10.1016/j.esg.2023.100165

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Abstract

Today's sustainability challenges require significant transformative shifts in the private sector, particularly driven by new, potentially also more informal, forms of governance. A variety of sustainability-oriented intermediary organisations encourage and support businesses to become purpose-driven to address social and environmental sustainability issues beyond maximising profit. We conduct interviews with these intermediaries to theorise how and why the broad concept of purpose might be used as an informal means to steer and transform business-society relations. We find that by invoking notions of systemic goal alignment and individual goal alignment, the simultaneous use of two contrasting but complementary frames allows intermediaries to appeal to and potentially engage a variety of audiences in their efforts to changing businesses and the economic system. Our research contributes to literatures on how the framing of purpose in business is used as an informal governance approach for driving a sustainability transformation.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Faculty of Social Sciences > Warwick Business School > Strategy & International Business
Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH): Corporate governance, Sustainability
Journal or Publication Title: Earth System Governance
Publisher: Elsevier
ISSN: 2589-8116
Official Date: January 2023
Dates:
DateEvent
January 2023Published
21 January 2023Available
17 January 2023Accepted
Volume: 15
Article Number: 100165
DOI: 10.1016/j.esg.2023.100165
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access (Creative Commons)
Date of first compliant deposit: 23 January 2023
Date of first compliant Open Access: 24 January 2023
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
Monash Warwick Alliance Catalyst fundMonash Universityhttp://dx.doi.org/10.13039/501100001779
Monash Warwick Alliance Catalyst fundUniversity of Warwickhttp://dx.doi.org/10.13039/501100000741

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