Trophy hunting is a niche, billion-dollar industry with particular conservation, economic, and development concerns for Sub-Saharan Africa. This study delves into the sport’s benefits and drawbacks from a sustainability perspective by examining community-based natural resource management, attempts at trophy hunting sustainability certification schemes (SCSs), and best lessons learned from other sectors’ SCSs. It concludes that introducing an SCS to trophy hunting may address many concerns in the industry if it were to include ethical (both animal and human), conservation, and community development components. Such a model would also benefit from incorporating rich stakeholder engagement, measurable objectives, and transparency and accountability mechanisms. More research is needed to understand the needs and preferences of the trophy hunting industry before proposing an in-depth SCS or alternative.