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Purpose -This paper summarizes the findings of a research project aimed at benchmarking the environmental sustainability practices of the top 500 Mexican companies. Design/methodology/approach -The paper surveyed the firms with regard to various aspects of their adoption of environmental sustainability practices, including who or what prompted adoption, future adoption plans, decision-making responsibility, and internal/external challenges. The survey also explored how the adoption of environmental sustainability practices relates to the competitiveness of these firms. Findings -The results suggest that Mexican companies are very active in the various areas of business where environmental sustainability is relevant. Not surprisingly, however, the Mexican companies are seen to be at an early stage of development along the sustainability "learning curve". Research limitations/implications -The sample consisted of 103 self-selected firms representing the six primary business sectors in the Mexican economy. Because the manufacturing sector is significantly overrepresented in the sample and because of its importance in addressing issues of environmental sustainability, when appropriate, specific results for this sector are reported and contrasted to the overall sample. Practical implications -The vast majority of these firms see adopting environmental sustainability practices as being profitable and think this will be even more important in the future. Originality/value -Improving the environmental performance of business firms through the adoption of sustainability practices is compatible with competitiveness and improved financial performance. In Mexico, one might expect that the same would be true, but only anecdotal evidence was heretofore available.

Christensen, Baumann, Ruggles, and Sadtler (2006) proposed that organizations addressing social problems may use catalytic innovation as a strategy to create social change. These innovations aim to create scalable, sustainable, and systemschanging solutions. This empirical study examines: (a) whether catalytic innovation applies to Mexican social entrepreneurship; (b) whether those who adopt Christensen et al.'s (2006) strategy generate more social impact; and (c) whether they demonstrate economic success. We performed a survey of 219 Mexican social entrepreneurs and found that catalytic innovation does occur within social entrepreneurship, and that those social entrepreneurs who use catalytic innovations not only maximize their social impact but also maximize their profits, and that they do so with diminishing returns to scale. Copyright

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This paper challenges the assumption that “state-of-the-art” regulation aimed at curbing greenhouse gas emissions (GHG) by firms is the panacea that will force firms to face the impact of climate change and create conditions that promote sustainable corporations. We argue that, in fact, such regulation, when improperly implemented, may impair sustainability practices because it creates unintended consequences. This paper tackles the design and efficiency of the institutional framework chosen through the lenses of the analytical themes of fit, scale and interplay. Then, we model a systems dynamic approach to represent how public policy in the arenas of energy effi-ciency and GHG emissions reduction may interplay with competitive business outcomes and cor-porate sustainability schemes. We found, as a result of the institutional design chosen, that the sys-tem is dominated by negative feedback processes resulting in inefficient outcomes that would be better tackled by firms not being subject to the restrictions imposed by the new laws.