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Publication date: 15 June 2020

Robert Sroufe and Laura Jernegan

Integrated management is the process of including environmental, social, and governance (ESG) performance in close coordination between business processes, functions, groups…

Abstract

Integrated management is the process of including environmental, social, and governance (ESG) performance in close coordination between business processes, functions, groups, organizations, and systems. In this context, decision-makers can better understand the dynamic systems in which they operate; define success based on sustainability-based performance frontier; guide decision making with strategic valuation of environmental and social guidelines; adhere to a timeline of actions that moves the enterprise toward a sustainable society; operationalize dynamic goals, for example, the UN Sustainable Development Goals (SDGs); and support processes for planning with decision analysis tools to monitor and guide change management. Information within this chapter will explore how sustainability in businesses, that is, integrated management, is already underway in leading multinational companies, and can be found within any business function, and in supply chains. The value that sustainability brings to an organization is important to understand as each day there is a growing amount of data to draw from. While 80% of the value of an enterprise is within intangibles, hundreds of ESG performance metrics are now available to researchers and practitioners to make the intangible tangible. With a look on how these ESG performance metrics and the social cost of carbon are used by practitioners and researchers, a number of research propositions call for improved financial decision analysis and a new performance frontier.

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Book part
Publication date: 15 June 2020

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Sustainability
Type: Book
ISBN: 978-1-83867-374-1

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Book part
Publication date: 24 September 2018

Robert P. Sroufe

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Integrated Management
Type: Book
ISBN: 978-1-78714-561-0

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