scholarly journals Is it Time to Jump off the Sustainability Bandwagon?

2016 ◽  
Vol 26 (1) ◽  
pp. 117-135 ◽  
Author(s):  
Joseph DesJardins

ABSTRACT:Almost thirty years after its initial use in the Brundtland Report, the concept of “sustainability” has become ubiquitous within business, with virtually every company division across a broad range of industries developing “sustainable” models and practices. While the original Brundtland idea of sustainable development has the potential to do much good in guiding business practice, this potential is being undermined by the systematic misuse, misunderstanding, and flawed application of the concept in many business settings. Under the guise of sustainability, business is being asked to do both less than and more than what should be required by a commitment to sustainable development. As a result, serious ethical and practical questions go unanswered, questions that must be addressed before sustainability can become a meaningful business strategy. This address situates sustainable business within its original context of sustainable development and argues against attempts to convert sustainability either into a narrow concept of risk management or into a broad concept of social responsibility. It then lays out a sustainability research agenda that helps us understand how to create businesses that can meet present and future needs without jeopardizing future generations via the destruction of the biosphere.

2017 ◽  
pp. 1-11
Author(s):  
Nidhi Tiwari

Ever since the focus on cultural diversity and identities acquired prominence globally, there has been a shift in limiting sustainability only to environmental, economic and social dimensions. Culture is more than just the manifestation of culture, for example, ‘the arts’ and should be viewed instead as the ‘whole social order’ (Williams 1983). This naturally leads to an interrogation of the construct of sustainable development. The definition which emerged in the Brundtland Report (WCED 1987) is the widely accepted one and it states, “Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”


2020 ◽  
Vol 6 (3) ◽  
pp. 231
Author(s):  
Afdal Kurnia ◽  
Amanda Shaura ◽  
Santoso Tri Raharjo ◽  
Risna Resnawaty

ABSTRAK Program CSR adalah sebuah investasi dari perusahaan perusahaan untuk pertumbuhan dan keberlanjutan (sustainability) perusahaan dan tidak hanya dilihat sebagai sarana mencari keuntungan/biaya (cost centre) melainkan sebagai sarana mencapai keuntungan (profit centre). Program CSR merupakan komitmen perusahaan untuk mendukung terciptanya pembangunan berkelanjutan (sustainable development). Dalam konsep CSR yang menggunakan pembangunan berkelanjutan (sustainable development ) masuk pada ethical theory, karena menyebutkan bahwa pembangunan berkelanjutan bertujuan untuk menjawab kebutuhan di masa kini tanpa mengancam kemampuan untuk melindungi generasi penerus untuk memenuhi kebutuhannya. Dengan penerapan program CSR pada konsep sustainable development dalam perusahaan, maka akan memudahkan bisnis dalam sebuah perusahaan guna mengimplementasikan program-program untuk dimasukkan sebagai bagian strategi bisnis. Hal ini juga guna untuk pertumbuhan dan pembangunan keberlanjutan untuk kesejahteraan.  ABSTRACT CSR programs are an investment of companies for the company's growth and sustainability and are not only seen as a means of seeking profit (cost center) but as a means of achieving profit (profit center).  The CSR p rogram is a company's commitment to support the creation of sustainable development.  In the concept of CSR that uses sustainable development (ethical sustainable development) entered the ethical theory, because it states that sustainable development aims to answer the needs of the present without threatening the ability to protect future generations to meet their needs.  With the implementation of CSR programs in the concept of sustainable development in the company, it will facilitate business in a compan y to implement programs to be included as part of a business strategy.  It is also used for growth and sustainable development for welfare


2021 ◽  
Vol 17 ◽  
pp. 829-839
Author(s):  
Kurniawan Kurniawan ◽  
Yusuf Iskandar

This study undertakes a systematic review of the literature concerning the importance of a sustainable business strategy for any business. While systematic reviews are a vital source of information and are widely utilized in the health sciences, they are seldom employed in sustainability research. Systematic reviews are a type of scientific research that aims to integrate the results of empirical studies objectively and systematically to determine the status of the question in its field of study. This study provides a brief survey of literature reviews in sustainability in business and proposes a systematic review as a method of recovering, analyzing, evaluating, and appraising relevant literature on sustainability in business. This systematic review of the literature suggests that interest in sustainable business practices has increased in recent years. It discusses the subject of sustainability in the perspective of business.


Author(s):  
Robin Attfield

Sustainable development was defined in the 1987 Brundtland Report as development that ‘meets the needs of the present without compromising the ability of future generations to meet their own needs’. It envisaged social, ecological, and economic needs, favouring not just leaving future generations with options for satisfying their needs, but also introducing policies that would make the meeting of those needs more feasible. ‘Sustainability and preservation’ discusses the Millennium Development Goals set in 2000 and the Sustainable Development Goals set in 2015. It explains why biodiversity loss is a major global problem, and why its preservation warrants inclusion in these goals. The forms and limits of preservation are also considered.


2020 ◽  
Vol 12 (15) ◽  
pp. 5935 ◽  
Author(s):  
Giulia Sesini ◽  
Cinzia Castiglioni ◽  
Edoardo Lozza

The challenge of sustainable development and consumption is to meet current wants without impoverishing future generations and the planet in the long term. Therefore, new patterns of sustainable practices are increasingly promoted. The purpose of the present study is to realize a systematic review aimed to analyze the contents and features of articles dealing with new trends in consumers’ sustainable consumption. One hundred and four papers published in the last five years were retrieved and analyzed through a lexicographical analysis using the software T-LAB. The results show that, even if most of the current studies focus almost exclusively on the environmental impact of sustainability, the social perspective is also recently taking hold. Evidence suggests prevailing attention towards consumers’ appeal and consumption of eco-friendly food products, together with a growing interest in the last years in consumers’ practices in other key sectors, such as tourism, commerce, and clothing. Future research should spotlight the less explored frameworks, looking at the economic and social sides of sustainability in a variety of contextual settings. At the same time, consumer-focused research should not forget to look at consumers’ sustainable behavior as a whole and its impacts from the perspective of planet, people, and profit.


2018 ◽  
Vol 14 (2) ◽  
Author(s):  
Helvi Yanfika ◽  
Siti Amanah ◽  
Anna Fatchiya ◽  
Pang S Asngari

The importance of sustainable development in fishery has been clearly seen in Indonesia through the existence of Law No.31 Year 2004 on Fishery. It is stated that fishery development is aimed to create job opportunities, fish farmer and fisherman welfare, and to maintain the sustainability of fishery resource and environment. Therefore, all aspects of fishery development activities, including traditional fish processing business should be based on the view of sustainable development. According to the description, the objectives of this study are: (1) to analyze traditional fish processing business; (2) to determine factors influencing one another in sustainable fishery business; and (3) to formulate strategy to improve the competence of traditional processing workers. This research was conducted through the method of survey in three regencies in Lampung Province; namely Tanggamus Regency, Pringsewu Regency, and East Lampung Regency, with a number of samples amounting to 235 respondents; later on the number of samples in each group was determined using the technique of proportional random sampling. Assessment towards the fish processing workers in sustainable traditional processing business generated quite good result since the processing workers were confident that the business developed well and sustainably. The competence of processing workers is influenced by non-formal education and entrepreneurial characteristics. The competence and implementation of extension has a direct influence, while individual characteristics of processing workers indirectly influence the sustainable traditional fishery business. Strategy to improve the competence of sustainable traditional fishery business is done by: (a) strengthening the competence of traditional fish processing workers particularly in technical and managerial aspects through the development of entrepreneurial characteristics; and (b) strengthening the extension intensity through extension method and media to create changes in behavior in running a sustainable traditional fishery business (economy, social, and environment).Keywords: Sustainable, fishery, traditional processing workers, strategy


2021 ◽  
Vol 49 (4) ◽  
pp. 784-794
Author(s):  
Eleonora Boffa ◽  
Antonio Maffei

Sustainable Business Models (SBM) have been seen as a suitable vehicle for organizations to convey sustainability. The SBM requires a company's business strategy to be shaped around sustainability goals. These goals can be integrated into the business strategy by creating an internal commitment focused on sustainability. Enablers play a crucial role in this integration process. The 2030 Agenda issued by the United Nations set clear goals on sustainable development, i.e. the Sustainable Development Goals (SDGs). Firms are encouraged to design SBM to fulfil these goals. Yet, an extensive investigation of the effect of the SBM applications on the SDGs is lacking. This paper is based on a semantic analysis of the relevant literature. The results show the internal enablers that support the integration process of sustainability into the organization's strategy. In addition to that, the underlying classification process highlights the clusters of applications for the SBM. These are, in turn, mapped over the SDGs to show the impact of each cluster on each SDG.


2019 ◽  
Vol 8 (5) ◽  
pp. 470
Author(s):  
Seck Tan

Sustainable development (as defined by The Brundtland Report, 1987) points to development that meets the needs of the present without compromising the ability of future generations to meet their own. However, sustainable development denotes different perspectives to different audience; and for development to be truly sustainable, growth must be inclusive and demands equal attention to the tri-nexus of economy, society and the environment. Unfortunately, this is far from reality. In an effort to continue growing, economies pedestalize economic progress where attention is skewed towards economic performance with an intentional disregard of the environment and to the degradation of the environment. For the purpose of this paper, sustainable development focuses on debates between the twin-nexus of economy and the environment. This paper highlights sustainable development challenges for Singapore (an island nation). While most studies centered on Singapore‟s miraculous growth, few have examined the island‟s use of its environmental capital for economic growth. Island economies face similar development challenges like most global economies; the difference lies in their natural endowments (or the lack of). This underlines the need for policies to advance ecosystem preservation in land-scarce Singapore. With the use of a simple environmental valuation framework, it is demonstrated that the island nation has not fared too badly in protecting its environmental capital.Keywords: Ecosystem, Environmental Capital, Island Nation, Singapore, Sustainable Development


Author(s):  
Marija Petrović-Ranđelović ◽  
Tatjana Stevanović ◽  
Vesna Janković-Milić

The purpose of this paper is to research the relationship between environmental and social performances and company’s economic value on case of the Titan Cement Kosjerić, and contributes to a clearer understanding of the importance on integrating the sustainable development principles into the business strategy and processes. The research was conducted using the data on selected financial and nonfinancial performances of the company from the Reports on corporate social responsibility and sustainable development for the period from 2011 to 2015. To confirm the initial hypothesis it was used the method of analysis, method of synthesis, and the correlation analysis method. The empirical findings of this research indicate that there is a high degree of interdependence between environmental and social performance and company’s economic value, which is in line with the company's commitment to sustainable development and socially responsible business. The main contribution of this paper attempts in highlighting the importance on carry out the socially responsible practices in the cement industry companies for improving all aspects of sustainable business - financial, environmental, and social.


2021 ◽  
Vol 7 (2) ◽  
pp. 129-138
Author(s):  
Olha Luhova ◽  
Tetiana Pisochenko

The purpose of the paper is to theoretically justify the preparation of integrated reporting, the influence of sustainable development ideas on the formation of the concept of integrated reporting, the problems of its creation and implementation in the practice of organizations. Methodology. The methodological and theoretical basis of the study was made up of the works of scientists and specialists in corporate reporting and sustainable development; frameworks, instructive and methodological materials for the formation of integrated reporting. We used general scientific methods of cognition such as comparison, analysis and synthesis, generalization, systematization, historical and logical methods. Results. Information deficiency arising from the formation of exclusively financial statements stimulates the emergence of integrated reporting. Non-financial reporting (social, environmental, etc.) provides useful information but does not reflect the relationship between different aspects of the company’s activities and its results, which does not contribute to understanding its ability to create value over time. The constant trend of companies to sustainable development involves the study of issues of formation of integrated reporting as a tool for building a sustainable business. The integrated report aims to provide an insight into the company’s resources and relationships that are known as the capitals and how the company interacts with the external environment and the capitals to create value. Key indicators of sustainability reporting, which should be reflected in integrated reporting, are grouped into three components: economic, environmental, and social. They are based on an assessment of the value of business and the value of capitals. Companies interested in implementing integrated reporting face a number of challenges, beginning with the fact that no globally accepted framework specifying what goes into an integrated report exists. But there are a growing number of examples of integrated reports from which companies can learn. Practical implications. This is an explanatory research to come with conceptual paper cited with recent literature for understanding the impact of sustainable development ideas on the emergence of integrated reporting. Despite the long list of internal and external challenges, the list of drivers contains a wide range of business advantages. Value / originality. Integrated reporting is a powerful tool for transparency and information openness of the company, which contributes to the sustainability of the business. Integrated reporting can become a tool for building a sustainable business for a company. In the process of its implementation and formation, the issues of the need to transform the company’s management system, strengthen control over the solution of environmental and social problems, study and improve the company’s business strategy should be resolved.


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