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Sustainability in Business – What drives Corporate Social Responsibility?

  • This article analyzes what drives companies to implement sustainable practices in business. A description of how sustainability affects business shall give an exemplified picture of sustainable corporate behavior. The term ‘sustainability’ is described. The approach of the three dimensions of sustainability shall serve as a basic understanding to evaluate the possibilities of an implementation of sustainability in business. The concepts of environmental management, sustainable management and Corporate Social Responsibility are described. The meaning of the driver ‘ethical responsibility’ in business is analyzed as a framework for Corporate Social Responsibility. This can be implemented in business through a code of ethics, for example. Studies and current findings confirm that Corporate Social Responsibility has become an evolving trend and is of growing importance in business today. Conclusively, the driver ‘ethical responsibility’ was found to motivate companies towards sustainable business practices.

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Metadaten
Author:Elke Landstorfer, Thomas GrollORCiDGND
URN:urn:nbn:de:bvb:898-opus4-7955
DOI:https://doi.org/10.35096/othr/pub-795
ISBN:978-3-96256-002-7
Series (Serial Number):REGENSBURG PAPERS IN MANAGEMENT AND ECONOMICS (3)
Place of publication:Regensburg
Document Type:Book
Language:English
Year of first Publication:2019
Publishing Institution:Ostbayerische Technische Hochschule Regensburg
Creating Corporation:Ostbayerische Technische Hochschule Regensburg / Fakultät Betriebswirtschaft
Release Date:2021/01/19
Tag:Corporate Social Responsibility; Ethical Responsibility; Sustainability
Pagenumber:38
Institutes:Fakultät Betriebswirtschaft
Publication:Von der OTH Regensburg herausgegeben
research focus:Lebenswissenschaften und Ethik
Licence (German):Keine Lizenz - Es gilt das deutsche Urheberrecht: § 53 UrhG