Social and Environmental Value Creation and Capture: Social Impact for People and the Planet

In a world that is changing rapidly, due to environmental (e.g., COVID-19 pandemic, global warming), political (e.g., Ukraine-Russia war), or social (e.g., poverty) climates, businesses have voluntarily or involuntarily committed to societal and environmental goals (Pacheco, York and Hargrave, 2014; George, Merrill and Schillebeeckx, 2021). With the urgency to address some of the world’s most urgent matters, more and more businesses, both locally and across the globe, are adopting initiatives that are