Abstract
This chapter starts by discussing the changing overall context in which business, nature and society operate. It is important to understand this context, because it shapes the problems that corporate sustainability aims to address, and it influences how firms can cope with these problems. We then introduce the concept of corporate sustainability. We discuss similarities and differences to related concepts such as corporate social responsibility and business ethics. Next, we review some of the main environmental, social and governance (ESG) issues that firms are asked to address as part of their corporate sustainability commitments. Finally, the chapter reviews four key motivations (instrumental, ethical, stakeholder-based and political) that underpin firms’ corporate sustainability commitments.
| Original language | English |
|---|---|
| Title of host publication | Corporate Sustainability : Managing Responsible Business in a Globalised World |
| Editors | Andreas Rasche, Mette Morsing, Jeremy Moon, Arno Kourula |
| Number of pages | 26 |
| Place of Publication | Cambridge |
| Publisher | Cambridge University Press |
| Publication date | 2023 |
| Edition | 2 |
| Pages | 1-26 |
| Chapter | 1 |
| ISBN (Print) | 9781009100403, 9781009114929 |
| ISBN (Electronic) | 9781009118644 |
| DOIs | |
| Publication status | Published - 2023 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 12 Responsible Consumption and Production
Keywords
- Corporate sustainability
- Corporate social responsibility
- Business ethics
- Globalisation
- ESG
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