Intertemporal trade-offs to safeguard intergenerational equity: the role of business in sustainability issues
Sam Sarpong
Chapter 12 in The Elgar Companion to Corporate Social Responsibility and the Sustainable Development Goals, 2023, pp 174-189 from Edward Elgar Publishing
Abstract:
Sustainability is becoming more important for all companies across all industries. Over the past few decades, it has emerged as one of the central guiding principles of policy formulation. Its fundamental beliefs underlie the current role and practices of business. Many businesses are seemingly keen today to develop strategies meant to foster company longevity through their sustainability efforts as they strive for long-term value. The chapter explores business’s role with respect to sustainability and the culture change needed to create it. In furtherance of that, it looks at the management implications of sustainability and sustainability’s integration into a strategy that can aid business and society’s concern for posterity. It also addresses the fundamental problems inherent in this.
Keywords: Business and Management; Development Studies; Economics and Finance; Environment; Politics and Public Policy Sustainable Development Goals (search for similar items in EconPapers)
Date: 2023
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