Corporate Responsibility and Sustainability
Corporate responsibility and sustainability help organisations improve how they affect people, society, the environment and long-term performance. They support better decisions by connecting ethical responsibility, stakeholder needs, Environmental, Social and Governance (ESG) measurement, employee behaviour and sustainable improvement.
Technique Overview
Corporate Responsibility and Sustainability Definition
Corporate responsibility and sustainability are related but distinct ways of understanding how organisations affect society and the environment. (Bansal and Song, 2017) explain that responsibility research took a normative position, focused on the morality of business, while sustainability research took a systems perspective, focused on business-driven failures in natural systems. Corporate Social Responsibility (CSR) has also evolved beyond simple philanthropy into a broader corporate philosophy that considers stakeholder interests (Diez-Cañamero et al., 2020).
Corporate Responsibility and Sustainability Description *
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Business Evidence
Strengths, weaknesses and examples of Corporate Responsibility and Sustainability *
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Business Application
Implementation, success factors and measures of Corporate Responsibility and Sustainability *
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Professional Tools
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Further Reading
Corporate Responsibility and Sustainability web and print resources *
Corporate Responsibility and Sustainability references (4 of up to 20) *
- Auburn University Center for Ethical Organizational Cultures (2021) From the Outside In: Corporate Social Responsibility at Patagonia. Auburn, AL: Auburn University.
- Bansal, P., Grewatsch, S. and Sharma, G. (2020) “How COVID‐19 Informs Business Sustainability Research: It’s Time for a Systems Perspective,” Journal of Management Studies, 58(2), pp. 602–606. doi:10.1111/joms.12669.
- Bansal, P. and Song, H.-C. (2017) “Similar But Not the Same: Differentiating Corporate Sustainability from Corporate Responsibility,” Academy of Management Annals, 11(1), pp. 105–149. doi:10.5465/annals.2015.0095.
- Bartolacci, F., Caputo, A. and Soverchia, M. (2019) “Sustainability and financial performance of small and medium sized enterprises: A bibliometric and systematic literature review,” Business Strategy and the Environment, 29(3), pp. 1297–1309. doi:10.1002/bse.2434.
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