From financial to sustainable profit

Jacqueline Cramer

Corporate Social Responsibility and Environmental Management, 2002, vol. 9, issue 2, 99-106

Abstract: This article explains why sustainable business has caught the spotlight at this particular time. Main drivers are the shift in power relationships between states, firms and households, the emergence of civil regulation and the communication through networks. The implication of this trend towards sustainable business is that firms will consciously need to focus on creating value not only in financial terms, but also in ecological and social terms. The challenge facing the business sector is how to set about meeting these expectations. Firms will need to change not only in themselves, but also in the way they interact with their environment. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment

Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:wly:corsem:v:9:y:2002:i:2:p:99-106

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