Decent Work and Economic Growth

Living Edition
| Editors: Walter Leal Filho, Anabela Marisa Azul, Luciana Brandli, Pinar Gökcin Özuyar, Tony Wall

Sustainable Business Strategies

  • Thomas B. LongEmail author
Living reference work entry
DOI: https://doi.org/10.1007/978-3-319-71058-7_49-1

Synonyms

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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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Centre for Sustainable EntrepreneurshipUniversity of Groningen/Campus FryslânLeeuwardenThe Netherlands

Section editors and affiliations

  • Edurne A. Inigo
    • 1
  1. 1.Business Management & Organization, Social Sciences GroupWageningen University and ResearchWageningenThe Netherlands