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A business case for sustainable development

Author

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  • Grażyna ŚMIGIELSKA

    () (associate professor at Cracow University of Economics, Poland)

Abstract

The aim of the paper is to show that there is a business case for sustainable development and how this concept interacts with corporate social responsibility. Although SD was originally a macroeconomics concept it is more and more implemented by businesses. Companies has started to include sustainable development goals in their corporate social responsibility strategies which are even sometimes replaced by sustainability strategies. By analogy to CSR it is shown that development of such strategies is not only a strategic necessity but also it could contribute to the competitive advantage of these companies. Theoretical considerations have been illustrated by presenting some examples from practice as well as the results of the desk research on corporate sustainability.

Suggested Citation

  • Grażyna ŚMIGIELSKA, 2018. "A business case for sustainable development," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 10(1), pages 49-66, April.
    • Handle: RePEc:jes:wpaper:y:2018:v:10:i:1:p:49-66
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    File URL: http://ceswp.uaic.ro/articles/CESWP2018_X1_SMI.pdf
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    References listed on IDEAS

    as
    1. Singh, Neelam & Jain, Suresh & Sharma, Prateek, 2015. "Motivations for implementing environmental management practices in Indian industries," Ecological Economics, Elsevier, vol. 109(C), pages 1-8.
    2. Carroll, Archie B., 1991. "The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders," Business Horizons, Elsevier, vol. 34(4), pages 39-48.
    3. Daniela M. Salvioni & Francesca Gennari & Luisa Bosetti, 2016. "Sustainability and Convergence: The Future of Corporate Governance Systems?," Sustainability, MDPI, Open Access Journal, vol. 8(11), pages 1-25, November.
    4. Schwartz, Mark S. & Carroll, Archie B., 2003. "Corporate Social Responsibility: A Three-Domain Approach," Business Ethics Quarterly, Cambridge University Press, vol. 13(4), pages 503-530, October.
    5. Mircea SAVEANU, 2015. "Major Issues In Bringing About Sustainability," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(1), pages 156-166, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Alexandra Zbuchea & Florina Pînzaru & Mihail Busu & Sergiu-Octavian Stan & Alina Bârgăoanu, 2019. "Sustainable Knowledge Management and Its Impact on the Performances of Biotechnology Organizations," Sustainability, MDPI, Open Access Journal, vol. 11(2), pages 1-20, January.
    2. Camelia Oprean-Stan & Sebastian Stan & Vasile Brătian, 2020. "Corporate Sustainability and Intangible Resources Binomial: New Proposal on Intangible Resources Recognition and Evaluation," Sustainability, MDPI, Open Access Journal, vol. 12(10), pages 1-23, May.

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