Learn about Corporate Sustainability in 2021 and spread awareness in your organization
In recent days, businesses and academia are doing significant discussions on “Corporate Sustainability” as a new and evolving corporate management paradigm. It is an accost aiming to create long-term stakeholder value through the employment of a business strategy that emphasises on the ethical, social, environmental, cultural, and economic dimensions of accomplishing business. Sustainable corporations are often the most state-of-the-art because they are continually reviewing existing processes to find better greener alternatives. The term is in conjunction with other terms “sustainable development” and “corporate social responsibility“. Let’s see how this corporate sustainability could be related to these terms. Societal goals related to sustainable development are environmental protection, social justice and equity and economic development.
It has four elemental concepts:
- Sustainable development
- Corporate social responsibility
- Stakeholder theory
- Corporate accountability theory
Learn about the Need for public participation in Environmental protection. You can also check our course on Good Environmentally Sustainable Practices from Ampersand Academy.