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Sustainable Development Goals and progressive business models for economic transformation

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  • Jacob D Rendtorff

Abstract

This paper analyses the Sustainable Development Goals of the United Nations in the 2030 ‘Transforming the World’ Agenda, from 2015, as a contribution to business ethics and ethical economy. The Sustainable Development Goals combine political aims with visions of economic development and social justice and are therefore important for business ethics and corporate social responsibility. Thus, the Sustainable Development Goals constitute a driver for ethical economic development and social change. However, there is a need for critical analysis of the possibilities of Sustainable Development Goals of functioning as a vision and a strategic tool for management and governance. The aim of the paper is to investigate these possibilities of the Sustainable Development Goals of contributing to business ethics and ethical economy with mobilization of business, public institutions and organizations, and non-governmental organizations. After presenting the Sustainable Development Goals, the paper critically discusses their scope and potential for corporate social responsibility, business ethics and corporate sustainability. This involves the problem of how the Sustainable Development Goals can contribute to a transformation towards another economy. As a contribution to business ethics, the paper elaborates on partnerships for Sustainable Development Goals, sustainable performance management systems and the Sustainable Development Goal Compass with the aim of interpreting Sustainable Development Goals as a basis for progressive business ethics models.

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  • Jacob D Rendtorff, 2019. "Sustainable Development Goals and progressive business models for economic transformation," Local Economy, London South Bank University, vol. 34(6), pages 510-524, September.
    • Handle: RePEc:sae:loceco:v:34:y:2019:i:6:p:510-524
    DOI: 10.1177/0269094219882270
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    Cited by:

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    2. Nicolai Abramovich & Alexandru Vasiliu, 2023. "Sustainability as fairness: A Rawlsian framework linking intergenerational equity and the sustainable development goals (SDGs) with business practices," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1328-1342, June.
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    5. Olena Liakh & Francesca Spigarelli, 2020. "Managing Corporate Sustainability and Responsibility Efficiently: A Review of Existing Literature on Business Groups and Networks," Sustainability, MDPI, vol. 12(18), pages 1-42, September.
    6. Akrum Helfaya & Phuong Bui, 2022. "Exploring the Status Quo of Adopting the 17 UN SDGs in a Developing Country—Evidence from Vietnam," Sustainability, MDPI, vol. 14(22), pages 1-29, November.
    7. Geng, Qianqian & Wang, Ying & Wang, Xiaoqing, 2023. "The impact of natural resource endowment and green finance on green economic efficiency in the context of COP26," Resources Policy, Elsevier, vol. 80(C).
    8. Linda Drupsteen & Ingrid Wakkee, 2024. "Exploring Characteristics of Regenerative Business Models through a Delphi-Inspired Approach," Sustainability, MDPI, vol. 16(7), pages 1-20, April.
    9. Kyoko Sasaki & Wendy Stubbs & Megan Farrelly, 2023. "The relationship between corporate purpose and the sustainable development goals in large Japanese companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2475-2489, September.
    10. Christa Breum Amhøj & John Diamond & Flemming Olsen, 2019. "Rethinking public value through the lens of sustainability," Local Economy, London South Bank University, vol. 34(6), pages 618-624, September.
    11. Jon Fridriksson & Nicholas Wise & Peter Scott, 2020. "Iceland’s bourgeoning cruise industry: An economic opportunity or a local threat?," Local Economy, London South Bank University, vol. 35(2), pages 143-154, March.
    12. Sofia Gomes & João M. Lopes & Mariana Travassos & Mariana Paiva & Isaura Cardoso & Beatriz Peixoto & Carolina Duarte, 2023. "Strategic Organizational Sustainability in the Age of Sustainable Development Goals," Sustainability, MDPI, vol. 15(13), pages 1-19, June.
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