The Analysis of a Corporate Sustainability

Azad Abdulhafedh^1,

¹University of Missouri, USA

Cite this paper:
Azad Abdulhafedh. The Analysis of a Corporate Sustainability. Journal of City and Development. 2021; 3(1):6-11. doi: 10.12691/jcd-3-1-2

Abstract

Sustainability means meeting our current needs without compromising the ability of future generations to meet their own needs. For organizations, sustainability is a business approach to creating long-term value by operating in the ecological, social, and economic environment. Sustainability is not only about environmentalism, but also about social and economic resources for social equity and economic development. Sustainability is a value shared by many individuals and organizations who demonstrate this value in their policies, everyday activities, and behaviors. For any company to be sustainable it has to achieve the balance between three forces (social, environment and economic). There are different ways a business can become sustainable, such as; reducing waste, preventing pollution, adopting clean energy, conserving water, greening the planet, using sustainable materials, making their products sustainable, and by adopting sustainable business policies. A growing number of organizations are integrating sustainability into their business strategy, realizing they can do better through sustainability. When companies fail to assume responsible sustainability, this would lead to issues like environmental degradation, inequality, and social injustice. This paper presents an approach to analyze the sustainability of a virtual airline company to demonstrate how the company is sustainable with the help of quantitative indicators.

Keywords:
corporate sustainability pillars of sustainability environmental sustainability indicators social sustainability indicators economic sustainability indicators

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References:

[1]	Allen, M. W., & Craig, C. A. (2016). Rethinking corporate social responsibility in the age of climate change: A communication perspective. International Journal of Corporate Social Responsibility, 1(1), 249.
[2]	Amini, M., & Bienstock, C. C. (2014). Corporate sustainability: An integrative definition and framework to evaluate corporate practice and guide academic research. Journal of Cleaner Production, 76, 12-19.
[3]	Costanza, R., Fioramonti, L. & Kubiszewski, I. (2016). The UN Sustainable Development Goals and the dynamics of well-being. Frontiers in Ecology and the Environment, 14(2), 59-59.
[4]	Arizpe, L. (2015). Culture, diversity, and heritage: Major studies. Cham: Springer International Publishing.
[5]	Arnold, M. G. (2011). The role of open innovation in strengthening corporate responsibility. International Journal of Sustainable Economy, 3(3), 361-379.
[6]	Asif, M., Searcy, C., Zutshi, A., & Fisscher, O. A. M. (2013). An integrated management systems approach to corporate social responsibility. Journal of Cleaner Production, 56, 7-17.
[7]	Bansal, P., & Song, H.-C. (2017). Similar but not the same: Differentiating corporate sustainability from corporate responsibility. Academy of Management Annals, 11(1), 105-149.
[8]	Bartlett, C. A., & Ghoshal, S. (2008). Managing across borders: The transnational solution. Harvard Business School Press.
[9]	Engert, S., & Baumgartner, R. J. (2016). Corporate sustainability strategy: Bridging the gap between formulation and implementation. Journal of Cleaner Production, 113, 822-834.
[10]	Lacoste, S. (2016). Sustainable value co-creation in business networks. Industrial Marketing Management, 52, 151-162.
[11]	Leszczynska, A. (2011). Cultural conditions of sustainable development of organizations. International Journal of Sustainable Economy, 3(3), 341 360.
[12]	Benn, S., Edwards, M., & Angus-Leppan, T. (2013). Organizational learning and the sustainability community of practice: The role of boundary objects. Organization & Environment, 26, 184-202
[13]	Fowler, S., & Hope, C. (2007). A critical review of sustainable business indices and their impact. Journal of Business Ethics, 76, 243-252.
[14]	Wiesner, R., Chadee, D., & Best, P. (2018). Managing change toward environmental sustainability: A conceptual model in small and medium enterprises. Organization & Environment, 31(2), 152-177.
[15]	Boons, F., & Lüdeke-Freund, F. (2013). Business models for sustainable innovation: State-of-the-art and steps towards a research agenda. Journal of Cleaner Production, 45, 9-19.
[16]	Abdulhafedh, Azad. (2016). Prototype Road Surface Management System. World Journal of Engineering and Technology, 4, 325-334.
[17]	Dean, T. J., & McMullen, J. S. (2007). Toward a theory of sustainable entrepreneurship: Reducing environmental degradation through entrepreneurial action. Journal of Business Venturing, 22, 50-76.
[18]	Lahti, T., Wincent, J., & Parida, V. (2018). A definition and theoretical review of the circular economy, value creation, and sustainable business models: Where are we now and where should research move in the future? Sustainability, 10(8), 2799.
[19]	Evans, S., Vladimirova, D., Holgado, M., Van Fossen, K., Yang, M., Silva, E. A. & Barlow, C. (2017). Business model innovation for sustainability: towards a unified perspective for creation of sustainable business models. Business Strategy and the Environment, 26(5), 597-608.
[20]	Abdulhafedh, Azad. (2017). Financing Public Transit in the US, Sweden, and the UK. International Journal of Scientific & Engineering Research, 8(3), 470-475.
[21]	Hermes, J. & Rimanoczy, I. (2018). Deep learning for a sustainability mindset. International Journal of Management Education, 16(3), 460-467.
[22]	Ingram, M., Ingram, H. & Lejano, R. (2019). Environmental action in the Anthropocene: the power of narrative-networks. Journal of Environmental Policy & Planning, 21, 492-503.
[23]	Mazzarol, T., Clark, D., Reboud, S. & Limnios, E. M. (2018). Developing a conceptual framework for the co-operative and mutual enterprise business model. Journal of Management & Organization, 24(4), 551-581.