Sustainability: Supply chains, partner linkages, and new forms of self-regulation

Abstract

This paper outlines a multi-level approach to sustainable business development. It builds on the notion that contemporary production systems are extensive, increasingly global in their reach. National government regulation is not feasible in many cases. Attempts to nationally regulate against non-sustainable production and business practices may even result in World Trade Organization (WTO) action against improper trade barriers. And, obviously, there is no international government with proper legislative and regulatory powers. Starting with the concept of supply chain, we describe and analyze the emerging practice of forming business partnerships for sustainability. The conceptualization is illustrated with a number of current examples. Problems and potentialities are discussed briefly in a concluding discussion.