Does corporate social performance reduce greenhouse gas emissions at the macro level?

Johan Graafland, Paul Hudson, Jonas Werner

Research output: Contribution to journalArticlepeer-review


Corporate social performance (CSP) is assumed to have a positive impact on macroeconomic sustainability, but empirical evidence of this impact is absent in the literature. The objective of this paper is to investigate the macro impacts of CSP. We first establish a conceptual framework on the relationship between CSP at the individual business level and sustainability at the macro level. Next, we empirically test the relationship between (averaged) CSP scores and greenhouse gas emissions at the macro level for 22 countries during 2004–2011. We use Granger causality tests to check for Granger causality. The estimation results show that CSP reduces greenhouse gas emissions, but the long-term effect is rather modest.

Original languageEnglish
Pages (from-to)203-221
Number of pages19
JournalJournal of Environmental Planning and Management
Issue number2
Publication statusPublished - 15 Feb 2015

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