Your organization’s approach to risk assessment is imperfect. You already knew that. Any risk assessment or risk analysis begins by putting limits on, or “bounding”… Read More
Business sustainability is often seen as managing the triple bottom line of corporate environmental, social and financial performance. This view is a translation of the World Commission on Environment and Development's conception of sustainable development that "meets the needs of the present without compromising the ability of future generations to meet their own needs. NBS takes a "systems" approach to sustainability. We see business sustainability as resilient businesses that create economic value, healthy ecosystems and strong communities.
The Latest From the Strategy Blog
The modern corporation — larger than most governments — is perhaps the best hope we have to grand problems. But business can’t do it alone.
The framework developed in this article breaks the concept of sustainability into a hierarchy of four levels of issues.
This study shows that a firm’s improved environmental performance reduces the firm’s cost of capital. The researchers found that investors perceive a firm’s risk more… Read More
Organizations are more likely to show commitment to CSR programs when the monetary or physical obligation is far in the future.
A recent study found that family owned firms have a better environmental record than their non-family counterparts.
A survey of supervisors in a multinational corporation finds only one factor is significant in shaping perceived support for corporate sustainability: commitment from top management…. Read More
How can managers prevent burnout in employees who don’t like their jobs? Show them how their work helps others.
What motivates managers to look beyond regulatory requirements to improve their company’s environmental practices? It may be a matter of perspective. This paper argues that… Read More
Manufacturing plants can improve their performance and help the environment by investing in environmental technologies. However, if given the choice between remediating pollution or preventing… Read More
Employees who give feel more committed to their organization.
Written by Dr. Tima Bansal, a professor of strategic management, the Primer is designed for professionals with limited experience in CSR.