There are two competing narratives on the role of business in climate change. One tends to focus on institutional and sectoral changes (particularly, more stringent environmental regulation and further progress in technological frontiers) to drive down carbon emissions because managers will...

Water productivity, measured as economic output per volume of water input, is widely used by national and international decision-makers to assess the success of water-management policies. In fact, this metric is often used synonymously with water efficiency. Considering this, our study analyzes...