IDEAS home Printed from https://ideas.repec.org/a/taf/jenpmg/v65y2022i6p975-1000.html
   My bibliography  Save this article

Multinational financial corporations and the sustainable development goals in developing countries

Author

Listed:
  • Eduardo Ordonez-Ponce
  • Olaf Weber

Abstract

Multinational financial corporations are key to sustainability by implementing practices disclosed through sustainability reports. This is where research has been focused, leaving a gap concerning their sustainability foci on developing countries. This article studies the largest financial corporations from developed and emerging countries identifying the SDGs on which they focus in developing countries, the evolution of their contributions and differences in the SDGs, and where their focus is in the developing world. The largest multinational financial corporations were selected, their sustainability reports assessed, and mixed methods conducted finding that the foci of those from developed countries vary across SDGs, countries of origin, impacted developing countries, and since the launch of the SDGs. Findings highlight the SDGs on which financial corporations focus, with those from developed countries implementing more practices than those from emerging economies, and that the contributions of multinational financial corporations have not affected the progress of the SDGs.

Suggested Citation

  • Eduardo Ordonez-Ponce & Olaf Weber, 2022. "Multinational financial corporations and the sustainable development goals in developing countries," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 65(6), pages 975-1000, May.
    • Handle: RePEc:taf:jenpmg:v:65:y:2022:i:6:p:975-1000
    DOI: 10.1080/09640568.2022.2030684
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09640568.2022.2030684
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09640568.2022.2030684?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ubeda, Fernando & Mendez, Alvaro & Forcadell, Francisco Javier & López, Belén, 2024. "How socially sustainable multinational banks promote financial inclusion in developing countries," Research in International Business and Finance, Elsevier, vol. 71(C).
    2. Eduardo Ordonez‐Ponce & David Talbot, 2023. "Multinational enterprises' sustainability practices and focus on developing countries: Contributions and unexpected results of SDG implementation," Journal of International Development, John Wiley & Sons, Ltd., vol. 35(2), pages 201-232, March.
    3. Ubeda, Fernando & Mendez, Alvaro & Forcadell, Francisco Javier & López, Belén, 2024. "How socially sustainable multinational banks promote financial inclusion in developing countries," LSE Research Online Documents on Economics 124260, London School of Economics and Political Science, LSE Library.
    4. Andrea Bencsik, 2022. "Background on the Sustainability of Knowledge," Sustainability, MDPI, vol. 14(15), pages 1-17, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jenpmg:v:65:y:2022:i:6:p:975-1000. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJEP20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.