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Linking forest ecosystem services to corporate sustainability disclosure: A conceptual analysis

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  • D’Amato, D.
  • Li, N.
  • Rekola, M.
  • Toppinen, A.
  • Lu, F-F.

Abstract

Despite the increasing awareness of corporate dependencies and impacts on ecosystems, and related business risks and opportunities, scientific and corporate-based information on these issues is lacking. In our paper we (1) summarise results of a literature review of the impacts and dependencies of plantation-based forestry on ecosystem services; (2) identify the existing and missing links between the corporate sustainability indicators and the ecosystem services framework; and (3) propose a set of possible ecosystem services indicators for corporate sustainability reporting. We particularly focus on the catalytic role of the Global Reporting Initiative (GRI) indicators framework for integrating the ecosystem services approach into corporate sustainability reporting. Finally, we discuss how an ecosystem services approach could benefit future sustainability reporting practices in the context of the forest sector, especially in relation to existing gaps and challenges.

Suggested Citation

  • D’Amato, D. & Li, N. & Rekola, M. & Toppinen, A. & Lu, F-F., 2015. "Linking forest ecosystem services to corporate sustainability disclosure: A conceptual analysis," Ecosystem Services, Elsevier, vol. 14(C), pages 170-178.
    • Handle: RePEc:eee:ecoser:v:14:y:2015:i:c:p:170-178
    DOI: 10.1016/j.ecoser.2014.11.017
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    References listed on IDEAS

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    1. D'Amato, D. & Rekola, M. & Li, N. & Toppinen, A., 2016. "Monetary valuation of forest ecosystem services in China: A literature review and identification of future research needs," Ecological Economics, Elsevier, vol. 121(C), pages 75-84.
    2. Pätäri, Satu & Tuppura, Anni & Toppinen, Anne & Korhonen, Jaana, 2016. "Global sustainability megaforces in shaping the future of the European pulp and paper industry towards a bioeconomy," Forest Policy and Economics, Elsevier, vol. 66(C), pages 38-46.
    3. van den Belt, Marjan & Stevens, Sharon M., 2016. "Transformative agenda, or lost in the translation? A review of top-cited articles in the first four years of Ecosystem Services," Ecosystem Services, Elsevier, vol. 22(PA), pages 60-72.
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    6. Ranacher, L. & Lähtinen, K. & Järvinen, E. & Toppinen, A., 2017. "Perceptions of the general public on forest sector responsibility: A survey related to ecosystem services and forest sector business impacts in four European countries," Forest Policy and Economics, Elsevier, vol. 78(C), pages 180-189.
    7. Keenan, Rodney J. & Pozza, Greg & Fitzsimons, James A., 2019. "Ecosystem services in environmental policy: Barriers and opportunities for increased adoption," Ecosystem Services, Elsevier, vol. 38(C), pages 1-1.
    8. Benjamin S. Thompson, 2021. "Corporate Payments for Ecosystem Services in Theory and Practice: Links to Economics, Business, and Sustainability," Sustainability, MDPI, vol. 13(15), pages 1-18, July.
    9. Samuel Jack Anthony & Angus Morrison‐Saunders, 2023. "Analysing corporate forest disclosure: How does business value biodiversity?," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 624-638, January.
    10. D. D’Amato & M. Wan & N. Li & M. Rekola & A. Toppinen, 2018. "Managerial Views of Corporate Impacts and Dependencies on Ecosystem Services: A Case of International and Domestic Forestry Companies in China," Journal of Business Ethics, Springer, vol. 150(4), pages 1011-1028, July.
    11. Sutterlüty, Andrea & Šimunović, Nenad & Hesser, Franziska & Stern, Tobias & Schober, Andreas & Schuster, Kurt Christian, 2018. "Influence of the geographical scope on the research foci of sustainable forest management: Insights from a content analysis," Forest Policy and Economics, Elsevier, vol. 90(C), pages 142-150.
    12. Paul Opdam & Eveliene Steingröver, 2018. "How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective," Sustainability, MDPI, vol. 10(1), pages 1-15, January.
    13. Feifei Lu & Robert Kozak & Anne Toppinen & Dalia D’Amato & Zuomin Wen, 2017. "Factors Influencing Levels of CSR Disclosure by Forestry Companies in China," Sustainability, MDPI, vol. 9(10), pages 1-15, October.
    14. Feifei Lu & Zhaohua Wang & Anne Toppinen & Dalia D’Amato & Zuomin Wen, 2021. "Managerial Risk Perceptions of Corporate Social Responsibility Disclosure: Evidence from the Forestry Sector in China," Sustainability, MDPI, vol. 13(12), pages 1-16, June.
    15. D'Amato, D. & Korhonen, J. & Toppinen, A., 2019. "Circular, Green, and Bio Economy: How Do Companies in Land-Use Intensive Sectors Align with Sustainability Concepts?," Ecological Economics, Elsevier, vol. 158(C), pages 116-133.
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