Definitions
Sustainable business strategy is the integration of economic, environmental, and social aims into a firm’s goals, activities, and planning, with the aim of creating long-term value for the firm, its stakeholders, and the wider society. This means that strategy is formulated and executed so that the needs of the firm and its stakeholders are met today, while protecting, sustaining, and enhancing the natural and resources that will be needed in the future.
Introduction
The creation of a sustainable, just, and equitable economy will require fundamental shifts in the way businesses operate. Businesses, in particular, bear some responsibility for many of the social and environmental problems currently afflicting society, such as exploitative working conditions or the destruction of habitats.
The core aim...
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Long, T.B. (2019). Sustainable Business Strategies. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Decent Work and Economic Growth. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71058-7_49-1
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DOI: https://doi.org/10.1007/978-3-319-71058-7_49-1
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Sustainable Business Strategies- Published:
- 02 June 2020
DOI: https://doi.org/10.1007/978-3-319-71058-7_49-2
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Sustainable Business Strategies- Published:
- 14 March 2019
DOI: https://doi.org/10.1007/978-3-319-71058-7_49-1