Journal
ECOLOGICAL ECONOMICS
Volume 146, Issue -, Pages 772-777Publisher
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ecolecon.2018.01.005
Keywords
Private standards; Sustainability; Production; Regulation; Governance
Funding
- Netherlands Institute for Advanced Study (NIAS)
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Three narratives predominate about what drives change in the governance of private sustainability-standards in global supply chains. All three narratives present a pathway of change in which standard-setting as a form of regulatory governance is likely to remain relevant for the politics of sustainable production. This commentary proposes a fourth narrative of change. It argues that in some prominent sectors firms develop new policy instruments that strip sustainability interventions in supply chains from their regulatory governance qualities. Standard-setting organizations themselves meanwhile expand functions that are not of a regulatory governance nature. In this pathway, standard-setting organizations move in a different direction than the other three: away from certification and regulatory governance as core business.
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