How to Approach the Development of a Corporate Sustainability Strategy

Sally Taylor ()
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Sally Taylor: Imperial College Business School, Imperial College London

Chapter Chapter 9 in Corporate Sustainability in Practice, 2021, pp 143-164 from Springer

Abstract: Abstract This chapter will provide a framework for the development of a sustainabilitySustainability strategyStrategy within an organisation. It is recommended that a compelling case for change is built. Once this is established, (and bought into) the business can define its ambition and focus on the steps necessary to achieve it. The theoretical lens of the strategist is applied throughout, with core strategic principles and frameworks applied to developing a sustainabilitySustainability strategyStrategy; however, this chapter will not evaluate the moral obligation of engaging with sustainabilitySustainability, nor take an ethical stance. Corporate sustainabilitySustainability can be considered, if harnessed correctly, as a potential strategic asset, and this chapter will endeavour to highlight that the successful development of a corporate sustainabilitySustainability strategyStrategy could significantly contribute to an organisation’s long-term competitiveness. The process described in this chapter reflects both relevant theory and the practical experience of the author. It is recommended that all stages of the framework are followed. At each stage, relevant tools to employ are suggested; one can follow the recommendations or indeed make use of alternatives.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-56344-8_9

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DOI: 10.1007/978-3-030-56344-8_9

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