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Book part
Publication date: 31 July 2023

Paola Garrone, Lucia Piscitello, Matilde d’Amelio and Emanuela Colombo

Integration between the different components of development is a major aspiration of the 2030 agenda, but the efforts of firms that intend to contribute simultaneously to multiple…

Abstract

Integration between the different components of development is a major aspiration of the 2030 agenda, but the efforts of firms that intend to contribute simultaneously to multiple development trajectories may be hindered by trade-offs that occur between the different sustainable development goals (SDGs) and targets. At the same time, synergies may also materialize and reinforce firm’s contribution. This chapter analyzes the effects of multinational enterprises (MNEs) and other foreign investors on two different targets of SDG 7, namely access of population to modern energy systems, chiefly electricity, and the use of carbon-free and renewable energy sources in sub-Saharan Africa (SSA) countries, and the authors investigate whether foreign investors experience trade-offs and synergies in their contributions. A two-equation growth model of households’ access to electricity and carbon factor is estimated by employing a panel dataset that covers 15 SSA countries and foreign direct investment (FDI) from 82 origin countries over the 2005–2011 period. The findings reveal that foreign investors are subject to a trade-off in their effects, because when they foster access to electricity they are also likely to spur carbon factor increases, and vice versa, depending on the economic development of host and home countries. Nevertheless, electrification and carbon factor reduction are shown to be linked by a system-level synergy. The results have implications for the design of MNEs attraction measures and energy policy in recipient countries.

Details

International Business and Sustainable Development Goals
Type: Book
ISBN: 978-1-83753-505-7

Keywords

Book part
Publication date: 8 April 2010

Marc J. Epstein

Neither management leaders nor academic researchers have developed adequate responses or explanations to the general lack of success in implementations of sustainability…

Abstract

Neither management leaders nor academic researchers have developed adequate responses or explanations to the general lack of success in implementations of sustainability strategies. Consistent with the theme of this conference, we have examined innovative concepts and practices of leading companies that have successfully implemented sustainability. In sustainability, as in other areas of performance measurement and management control, new paradigms and practices and more research may be needed to improve organizational performance.

Details

Performance Measurement and Management Control: Innovative Concepts and Practices
Type: Book
ISBN: 978-1-84950-725-7

Book part
Publication date: 6 December 2011

Minyu Wu

Stakeholder theory has become one of the main theoretical foundations of corporate social performance (CSP) (Clarkson, 1995; Margolis & Walsh, 2003; van der Laan, van Ees & van

Abstract

Stakeholder theory has become one of the main theoretical foundations of corporate social performance (CSP) (Clarkson, 1995; Margolis & Walsh, 2003; van der Laan, van Ees & van Witteloostuijn, 2008). There are three interconnected constructs related to CSP in the literature, and referring to different aspects of business involvement in social issues. First, corporate social responsibility (CSR, or CSR1) refers to the business philosophy that directs managers making policy and management decisions towards normatively correct performance regarding expectations of multiple stakeholders of the firm (Dentchev, 2009; Van der Laan et al., 2008). Carroll (1979, 1991) distinguishes social expectations as four dimensions of CSR: economic, legal, ethical, and discretionary.

Details

Business and Sustainability: Concepts, Strategies and Changes
Type: Book
ISBN: 978-1-78052-439-9

Book part
Publication date: 31 July 2023

Simone Carmine and Valentina De Marchi

A number of multinational corporations are striving to implement the sustainable development goals (SDGs) framework, aiming at addressing social, environmental, and economic…

Abstract

A number of multinational corporations are striving to implement the sustainable development goals (SDGs) framework, aiming at addressing social, environmental, and economic goals. However, integrating the three aspects of sustainability across the 17 goals is very complex; multiple conflicts and tensions might arise when aiming at addressing such diverse elements at once, which in turn might prevent firms to effectively reach sustainability outcomes. Understanding the nature of such tensions and how to overcome them is therefore a key goal to ensure achieving the SDGs effectively. Given their very nature, multinational corporations are even more likely to experience such tensions on a daily basis than other firms – current international business (IB) literature, however, have overlooked the study of how sustainability-related tensions are experienced and overcome by multinationals. With the aim to address this gap, the authors propose how IB literature can be informed by paradox theory, which in recent years has become an established lens through which to investigate and theorize how sustainability tensions, conflicts, and contradictions are experienced and managed by multinationals. Accordingly, this chapter aims to advance the IB literature by suggesting how paradox theory can be adapted as a theoretical lens to examine the SDGs-related tensions present in multinational enterprises (MNEs) in order to foster the understanding of how multinational corporations address the current major challenges that undermine societal sustainability and how they can act to support a transition to a more sustainable economy.

Details

International Business and Sustainable Development Goals
Type: Book
ISBN: 978-1-83753-505-7

Keywords

Book part
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.

Book part
Publication date: 20 August 2016

Raffaella Cagliano, Christopher G. Worley and Federico F. A. Caniato

This chapter introduces the volume’s theme by describing the challenges of sustainability in the agri-food industry and the critical role of agri-food supply chains. Following a…

Abstract

Purpose

This chapter introduces the volume’s theme by describing the challenges of sustainability in the agri-food industry and the critical role of agri-food supply chains. Following a description of traditional and sustainable supply chain management practices, we discuss the likely characteristics of sustainability-oriented innovations and how organizations pursuing higher levels of economic, social, and environmental performance will need to adapt their capabilities.

Methodology/approach

Drawing on the emerging concepts and practices from sustainable supply chain management as well as traditional and emerging concepts from innovation, we develop general propositions and expectations about how organizations might address sustainable effectiveness in their supply chains. The importance of the agri-food industry to all three pillars of sustainable effectiveness and predictions about the inability to feed future populations gives the discussion a certain urgency.

Findings

Sustainability-oriented innovations in the agri-food supply chain are different from traditional innovations. We develop propositions regarding the driving motivations, their nature and scope (i.e., more radical and systemic than incremental and focused), and the importance of a multi-stakeholder approach. The 10 cases presented in the volume are summarized.

Details

Organizing Supply Chain Processes for Sustainable Innovation in the Agri-Food Industry
Type: Book
ISBN: 978-1-78635-488-4

Keywords

Book part
Publication date: 22 March 2021

Eduardo Costa, Rita Santos and Pedro Pita Barros

The provision of universal health care by the Portuguese NHS depends on the allocated government budget to health. Several reforms have been implemented over the last decades to…

Abstract

The provision of universal health care by the Portuguese NHS depends on the allocated government budget to health. Several reforms have been implemented over the last decades to improve access while ensuring the financial sustainability of the health care system. However, a practical and useable definition of public health sustainability is hard to find. We show that under two alternative definitions – both related to fiscal space and compliance with sound public finances – public health spending increase is limited. Our analysis indicates that public health spending growth levels below 3% can be financially sustainable.

Taking into account that financial sustainability is a function of economic growth and will depend on the level of control of other public spending, our forecast for long-run health spending growth is compatible with the financial sustainability targets defined.

Details

The Sustainability of Health Care Systems in Europe
Type: Book
ISBN: 978-1-83909-499-6

Keywords

Book part
Publication date: 4 December 2020

Marko Jakšič and Marko Budler

Outsourcing of business-logistics services is a well-established business practice that allows an outsourcer to obtain the services or products from a logistics-service provider…

Abstract

Outsourcing of business-logistics services is a well-established business practice that allows an outsourcer to obtain the services or products from a logistics-service provider (LSP). The outsourcer can order a range of logistics services, including but not limited to warehousing, transportation, and forwarding. The outsourcers had traditionally focused on service-provider selection criteria such as costs, quality, and responsiveness while having devoted considerably less attention to how sustainably the practices are carried out. Past research identified different external and internal motivators that facilitate consideration of sustainability in selection of the service providers, whereas the current study investigates the outsourcers’ perception of importance of environmental sustainability in adoption of green logistics practices and selection of LSPs. We use a vantage point of outsourcers (“buyers”) to conduct the quantitative research based on a survey conducted on large manufacturing companies. The findings reveal a (mis)match between the perception of importance and realized inclusion of environmental-sustainability criteria. Ultimately, this study finds a link between the levels of perception and rate of adoption, and provides recommendations for the future adoption of environmental-sustainability criteria in the selection of the LSPs.

Details

Challenges on the Path Toward Sustainability in Europe
Type: Book
ISBN: 978-1-80043-972-6

Keywords

Book part
Publication date: 20 August 2016

Raffaella Cagliano, Federico F. A. Caniato and Christopher G. Worley

This chapter compares and discusses the 10 sustainability-oriented food supply chain innovations described in the previous chapters. Our purpose is to address and reflect on the…

Abstract

Purpose

This chapter compares and discusses the 10 sustainability-oriented food supply chain innovations described in the previous chapters. Our purpose is to address and reflect on the questions and challenges introduced in the first chapter.

Methodology/approach

The cases are first analyzed in terms of the extent to which the innovations were motivated and impacted the social, environmental, and economic dimensions of sustainability. The various sustainable food supply chain practices adopted are compared. The third section explores the innovation strategies used in the cases, including the type of strategy, the breadth and level of innovativeness of the strategy, the governance approach, and the extent of capability development required. The final section presents our conclusions.

Findings

The results suggest that to become truly sustainable, companies need to adopt a broad set of practices that address all three dimensions of sustainability, and develop strategies to make the sustainability-oriented innovation economically viable. The more radical and systemic the innovation, the more difficult it is to generate these outcomes.

Details

Organizing Supply Chain Processes for Sustainable Innovation in the Agri-Food Industry
Type: Book
ISBN: 978-1-78635-488-4

Keywords

Book part
Publication date: 23 September 2009

Peter Docherty, Mari Kira and Abraham B. (Rami) Shani

A work system may be said to exhibit social sustainability if it utilizes its human, social, economic, and ecological resources with responsibility. This entails using these…

Abstract

A work system may be said to exhibit social sustainability if it utilizes its human, social, economic, and ecological resources with responsibility. This entails using these resources in a non-exploitive way, regenerating them, and paying due attention to the needs and ambitions of its stakeholders in the short- and long-term. For most presently existing organizations attaining and maintaining sustainability requires a midcourse correction, a transformation process. This chapter reviews the main concepts regarding sustainability and previous research of organizational development in this context. It presents a four-phase model for this transformation process and illustrates the model's application in four different contexts. The results are discussed and directions for further research are presented.

Details

Research in Organizational Change and Development
Type: Book
ISBN: 978-1-84855-547-1

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