By Ki-Hoon Lee, Stephan Vachon
This ebook connects company sustainability to provide network-based price construction and enhancement, and exams a few key propositions in advanced provide networks to spot key demanding situations. analyzing useful concerns equivalent to carbon buying and selling, eco-friendly product improvement, employee safeguard, baby labour and family with neighborhood groups, Business worth and Sustainability advances the certainty of sustainability in provide community administration. In featuring a offer administration standpoint together with a tighter regulate of the provision base and the improvement of provider power via collaboration with NGOs, the authors give a contribution to either the theoretical development and functional improvement of this box. The booklet goals to elevate the sustainability criteria of companies in an more and more complicated and inter- and intra-connected international provide community.
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Extra resources for Business Value and Sustainability: An Integrated Supply Network Perspective
Porter, M. (1985). Competitive advantage. New York: The Free Press. Trucost. (2009). Carbon risks and opportunities in the S&P 500. Boston: Trucost. 1 Introduction 17 United Nations Global Compact. (2010). Supply chain sustainability: A practical guide for continuous improvement. New York: United Nations Global Compact. World Commission on Environment and Development. (1987). Our common future: Report of the United Nations world commission on environment and development. Oxford: Oxford University Press.
2008; Porter and Kramer 2011). e. business sustainability) for business organizations. 1 we summarize some key approaches of business sustainability which are mentioned in the management literature. Arguably, there are three approaches to business sustainability in management. 1 Selected meaning/description of business sustainability Approaches Meaning/description Sources Ecological sustainability Can be achieved through four different mechanisms (total quality environmental management, ecological sustainable competitive strategies, technology for nature swaps, corporate population impact control) Process of achieving human development in an inclusive, connected, equitable, product, and secure manner Integration of economic, environmental, and social sustainability Refers to the Brundtland definition: development that meets the needs of the present without compromising the ability of future generations to meet their own needs Having three principles (economic integrity, social equity and environmental integrity) To create value for shareholders and society by integrally linking to core business strategies and operations Shrivastava (1995) Sustainable development Triple bottom line Corporate sustainability Corporate sustainable development Creating shared value Gladwin and Kenelly (1995) Elkington (1998) Sharma and Henriques (2005) Bansal (2005) Porter and Kramer (2011) 2 Progress and Perspectives for Business Sustainability 25 (Shrivastava 1995; Russo and Harrison 2005).
To achieve environmental, social and economic success) and (ii) where the scope or area is on which to focus for business sustainability—Fig. assetid=2047, 12 February 2014. 8 Under PATAGONIA’s strategy and mission statement, environmental damage and negative health impacts from suppliers’ farming practices were unacceptable and many customers. So the company sources only organic cotton and brands its products. 2 Progress and Perspectives for Business Sustainability 37 A High Sustainability-oriented business Environmental and Social Beneﬁts Win-win-win scope of business sustainability B No sustainability-oriented business Low Low High Business Financial Beneﬁts Fig.