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Rethinking Corporate Sustainability in the Era of Climate Crisis

Rethinking Corporate Sustainability in the Era of Climate Crisis
Author: Raz Godelnik
Publisher: Springer Nature
Total Pages: 163
Release: 2021-06-26
Genre: Business & Economics
ISBN: 3030773183

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This book provides a clear, critical, and timely analysis of the state of corporate sustainability within the context of the climate crisis. It offers not only a substantive critique of the current efforts but also clarity about the changes needed and how to implement them. The book goes beyond the more common debate on shareholder capitalism vs. stakeholder capitalism to explain the shortcomings of the current approach to sustainability in business, which the author describes as sustainability-as-usual. Using strategic design lenses, the author proposes a new model of awakened sustainability, which offers a transformational shift in corporate sustainability to ensure companies fairly and effectively address the climate crisis. The book presents the numerous changes needed in the environment in which companies operate to enable awakened sustainability and how these changes can be realized. Grounded in the scientific community’s calls for urgent action on climate change, this groundbreaking text provides scholars with an evaluation of current and future trends in corporate sustainability. It connects the dots between the progress made in the last five decades and the opportunities entailed in the work on a regenerative and just vision for companies in this decade and beyond.


Corporate Sustainability: Does It Make A Difference?

Corporate Sustainability: Does It Make A Difference?
Author: David Sarokin
Publisher: David Sarokin
Total Pages: 250
Release: 2022-01-02
Genre: Business & Economics
ISBN:

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Corporate Sustainability: Does It Make A Difference? breaks new ground in exploring the actual steps companies take -- and fail to take -- in pursuing more sustainable operations. *Why hasn't Coca Cola ended child labor in its supply chain? *How does Shell plan to eliminate 50 times more greenhouse gases than Exxon? *How is reinventing capitalism central to greater corporate sustainability? *Which company has a $25/hr minimum wage for its employees? *Are Bayer's Roundup-ready seeds consistent with sustainability? Sustainability is not just about climate change. Biodiversity, worker dignity and safety, gender and racial equity all fall under the umbrella of corporate sustainability. The world's largest companies control a major portion of the global economy. If the Global 500 firms set their minds to it, they could rapidly make major advances towards achieving the United Nations Sustainable Development Goals (SDGs). For the most part though, even the most well-meaning firms have only taken baby steps. Corporate Sustainability profiles activities at Walmart, Amazon, Freeport McMoran, HSBC Banking, China Construction, Archer Daniels Midland, Philip Morris (a sustainable tobacco company?), and many others. After 30 years of talking sustainability, companies are finally beginning to take concrete actions. But their efforts will need to expand significantly to address the challenges of meeting the UN's SDGs. Corporate Sustainability's final chapters lay out a strategy for reinventing capitalism itself so that sustainability is central to the mission of every large corporation and -- just as importantly -- to the suppliers and value chains that make big business possible. “A comprehensive and vital work. Corporate sustainability efforts and progress need consistent, constructive criticism, to avoid complacency and ensure that the point of such change is kept in mind – a sustainable and equitable future.” Joss Tantram, Partner, Terrafiniti, Author of Towards 9 Billion book series “I enjoyed reading this book. It shows the huge potential companies have to make the world a little better, and how challenging this is.” Dr Christy van Beek, Sustainability Lead, Bayer Crop Science, The Netherlands


Small Actions, Big Difference

Small Actions, Big Difference
Author: CB Bhattacharya
Publisher: Routledge
Total Pages: 171
Release: 2019-09-17
Genre: Business & Economics
ISBN: 1000507262

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Despite dire warnings about global warming, carbon emissions by the world’s largest companies are increasing and only a few companies have strategies for managing carbon emissions and water resources. So what separates the best from the rest? In one word, the answer is ownership: companies that are winning at sustainability have created the conditions for their stakeholders to own sustainability and reap the benefits that come with deeper experience with and ownership of social and environmental issues: a happier, more productive workforce, increased customer loyalty, higher stock valuations, and greater long-term profits. Based on interviews with 25 global multinational corporations as well as employees, middle managers, and senior leaders across multiple sectors, this is the first book to connect sustainability to the theory and principles of psychological ownership and to propose a succinct, easy-to-digest model for managerial use. Watch the author talking about the themes in the book at the TedX: https://www.youtube.com/watch?v=7XpmsD2b76U


Organizational Change for Corporate Sustainability

Organizational Change for Corporate Sustainability
Author: Suzanne Benn
Publisher: Routledge
Total Pages: 290
Release: 2018-07-11
Genre: Business & Economics
ISBN: 1317214498

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Since this classic book was first published in 2003, sustainability has increasingly been accepted as standard business practice for leading corporations, while the science itself has revealed how human activity has become the dominant force influencing irreversible changes in the planetary systems. The fourth edition of this trailblazing book on corporate sustainability provides new insights into how organizations can transition towards a more responsible way of conducting their business. It charts new thinking on value creation, business models and organizational purpose as the basis of a broader-based transition to a sustainable society. The sustainability phase model has been substantially revised to incorporate emergent approaches in sustainable supply chain management, strategic sustainability, sustainability-oriented innovation and new business models. There is a companion website that contains a range of materials to support learning. This new edition with the authors’ unified approach to sustainable business reshapes its plan of action to bring about corporate change by drawing in new management theory and practice on strategy-making and leadership, making it core reading for students and researchers of sustainability and business, organizational change and corporate social responsibility.


Corporate Sustainability in International Comparison

Corporate Sustainability in International Comparison
Author: Stefan Schaltegger
Publisher: Springer
Total Pages: 269
Release: 2014-07-11
Genre: Technology & Engineering
ISBN: 3319062271

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Although every country is distinguished by its history, culture and language as well as its unique economic, environmental and social conditions, it can be expected that international operating companies will exhibit common patterns since sustainability challenges do not stop at national borders. Building on original data based on results of the International Corporate Sustainability Barometer survey, this book depicts and analyzes the current state of corporate sustainability management and corporate social responsibility. Part I describe the approach and summarizes the broad results, outlining the methodology and offering an overview of results of the ICSB survey. Part II presents specific findings for each of eleven countries surveyed: Australia, Belgium, France, Germany, Hungary, Japan, Korea, Spain, Switzerland, the United Kingdom and the USA. Part III provides a comparative analysis and highlights broad patterns in the international results. Most strikingly, the book reveals surprisingly widespread similarities among the sustainability management practices of large companies in economically developed countries all over the world. All the survey results are analyzed according to the same Triple-I approach: Intention - Why do companies manage sustainability?; Integration - To what extent do companies embed sustainability in their core business and in their organization? And Implementation - How is corporate sustainability operationalized? Based on this structure the analysis serves not only to make comparisons and to investigate national characteristics; it also builds a foundation for examining whether there truly is a world-spanning common state of the art of corporate sustainability. Distinguished authors who were involved in the International Corporate Sustainability Barometer project offer their insights, identifying and discussing national and international patterns that can provide the basis for further ideas and inspiration to practitioners and researchers worldwide who are engaged in corporate sustainability.


Organizational Change for Corporate Sustainability

Organizational Change for Corporate Sustainability
Author: Dexter Colboyd Dunphy
Publisher: Psychology Press
Total Pages: 340
Release: 2003
Genre: Business & Economics
ISBN: 9780415287418

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Using specific examples of incremental and transformational changes, and outlining the long-term corporate benefits of sustainability, the book examines the changes required to achieve true sustainability.


A Guide to Sustainable Corporate Responsibility

A Guide to Sustainable Corporate Responsibility
Author: Caroline D. Ditlev-Simonsen
Publisher: Springer Nature
Total Pages: 285
Release: 2022
Genre: Industrial management
ISBN: 3030882039

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This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.


Organizational Change for Corporate Sustainability

Organizational Change for Corporate Sustainability
Author: Suzanne Benn
Publisher: Routledge
Total Pages: 365
Release: 2014-05-09
Genre: Business & Economics
ISBN: 131781911X

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Since this classic book was first published in 2003, sustainability has increasingly become mainstream business for leading corporations, whilst the topic itself has also been a hotly debated political issue across the globe. The sustainability phase models originally discussed in the book have become more relevant with ever more examples of organizations at later stages in the development of corporate sustainability. Bringing together global issues of ecological sustainability, strategic human resource management, organizational change, corporate social responsibility, leadership and community renewal, this new edition of the book further develops its unified approach to corporate sustainability and its plan of action to bring about corporate change. It integrates new research and brings illustrative case studies up to date to reflect how new approaches affect change and leadership. For the first time, a new positive model of a future sustainable world is included - strengthened by references to the global financial crisis, burgeoning world population numbers and the rise of China. With new case studies including BP's Gulf oil spill and Tokyo Electric Company's nuclear reactor disaster, this new edition will again be core reading for students and researchers of sustainability and business, organizational change and corporate social responsibility.


Corporate Sustainability as a Challenge for Comprehensive Management

Corporate Sustainability as a Challenge for Comprehensive Management
Author: Klaus J. Zink
Publisher: Springer Science & Business Media
Total Pages: 274
Release: 2008-05-06
Genre: Business & Economics
ISBN: 3790820466

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Sustainability has become a topic of global relevance: Corporations and other economically acting organizations increasingly need to realize economic, environmental and social objectives in order to survive. Supplementary to "classical" environmental management, realizing corporate sustainability requires comprehensive approaches which allow the integration of social and economic aspects. Such concepts can be found e.g. in international excellence models mainly based on a TQM thinking but also in the field of human factors in organizational design and management. Understood as systems approaches, they include the interests of all relevant stakeholders with a mid- or long-term time perspective and are thus highly linked with the principles of sustainable development. In this book internationally leading scientists discuss the issue of sustainability from their perspective, resulting in an innovative view on different management approaches under the umbrella of corporate sustainability.


Corporate Behavior and Sustainability

Corporate Behavior and Sustainability
Author: Güler Aras
Publisher: Taylor & Francis
Total Pages: 284
Release: 2016-10-04
Genre: Business & Economics
ISBN: 1317159551

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Companies can no longer expect to engage in dubious or unethical corporate behaviour without risking their reputation and damaging, perhaps irrevocably, their market position. Irresponsible corporate behavior not only deprives shareholders of long-term returns but also ultimately imposes a cost on society as a whole. Sustainable business is about ensuring that entities contribute toward positive social, environmental, and economic outcomes. Bad business behaviour is costly for stakeholders, for markets, for society, and the economy alike. To ensure that a company behaves well, the buy-in of the leadership team is crucial. The full commitment of the board of directors, in conjunction with the senior managers of the organization, is required if an organization is to be socially responsible. In this sense, leadership does not reside with an individual (the CEO) within the organization but with all of those at the apex of corporate power and control. Effective change management requires enlightened and capable leadership to instigate and drive the process of embedding a sustainable and socially responsible corporate philosophy and culture that supports good business decision-making. A profound understanding of the requirements of such a leadership process will help corporate managers become highly effective change agents. Governance will be the main driver of this change. For the economy and financial markets to become sustainable and resilient, radical changes in corporate leadership need to take place. Integrated reporting, government regulation, and international standards will all be important factors in bringing about this change. As well as understanding the effects of corporate behavior on financial markets, such an understanding is also now imperative in relation to the social and environmental contexts.