Strategy to Approach Sustainability in Companies: A Step by Step Model

Caroline D. Ditlev-Simonsen ()
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Caroline D. Ditlev-Simonsen: BI Norwegian Business School

Chapter 7 in A Guide to Sustainable Corporate Responsibility, 2022, pp 149-162 from Springer

Abstract: Abstract This chapter presents a five-step strategy for approaching sustainability in a corporation. It emphasizes the importance of anchoring the approach in top management and integrating it throughout the company; getting an overview of the current situation via mapping social and environmental impact, benchmarking relative to the Sustainable Development Goals (SDGs), and a framework for a materiality assessment. The chapter continues on how to develop a sustainability plan, test among key stakeholders, launching, communicating, and implementing the plan, and finally, reporting on progress. This chapter includes practical advice on progress as well as concrete examples based on experience.

Keywords: Map; Plan; Test; Stakeholder; Launch; Implementation; Reporting; Materiality; Supply chain; Knowledge; Implementation (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-88203-7_7

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DOI: 10.1007/978-3-030-88203-7_7

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