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Enter the triple bottom line

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... The triple bottom line model (Elkington, 2013) states that firms should balance their businesses in such a way that they balance their profits (economic), and the rights and well-being of society and people around them (social), in addition to the environment and planet conservation (environmental). These goals are often called the three pillars of sustainability (Elkington, 2013). ...
... The triple bottom line model (Elkington, 2013) states that firms should balance their businesses in such a way that they balance their profits (economic), and the rights and well-being of society and people around them (social), in addition to the environment and planet conservation (environmental). These goals are often called the three pillars of sustainability (Elkington, 2013). Besides these three components, some studies also discuss cultural sustainability as a major component of RT sustainability (Fong et al., 2017;Garau, 2015;Randelli & Martellozzo, 2019). ...
... Stakeholders have been at the centre of most sustainability models, including the triple bottom line model (Elkington, 2013). Stakeholder theory states that businesses are responsible for creating value for all stakeholders, and not just shareholders (Freeman, Harrison, Wicks, Parmar, & De Colle, 2010). ...
Article
Environmental sustainability in the rural tourism and hospitality (hereafter abbreviated RT) sector has received increased attention in the last decade. Although several reviews have examined sustainable tourism, a dedicated review of environmental sustainability initiatives in the RT sector is absent. To address this gap, we present a systematic literature review of 100 research articles addressing RT and environmental sustainability from 39 journals. The review indicates that this area is growing and primed for further research. We present three main contributions. First, we identify different stakeholders of RT environmental sustainability. Second, we summarize the driving and barrier roles of each stakeholder in environmentally sustainable RT. Third, we present the benefits of environmentally sustainable RT. We observe the pivotal roles played by entrepreneurs, community, tourists, and policymakers in the development of environmentally sustainable RT but note that stakeholders like corporations, non-governmental organizations, and media have received little or no attention. Based on the gaps we identified, we outline five suggestions for future research in the area and present for each a variety of possible research questions. We then summarize our findings into a RT environmental sustainability framework and discuss the academic, practical, and policy implications of the study.
... For example, the pioneering framework for social and environmental reporting is Triple Bottom Line (TBL, hereafter). The TBL framework has promoted three major dimensions (planet, people, and profit) as reporting themes for portraying an inclusive and transparent reporting practice (Dumay et al. 2016;Elkington 2004;Gimenez, Sierra, and Rodon 2012;Javed et al. 2021). ...
... First, all selected articles were categorized according to the journals' disciplinary foci: for example, sustainability, alternate accounting, finance, economics, The UN's definition is encompassing but complicated to internalize at the organizational level (Gimenez, Sierra, and Rodon 2012). In the mid-nineties, based on the seven drivers of sustainability revolutions 3 , John Elkington conceived the TBL (Elkington 2004), a concept that provides some useful directions and guidelines for setting environmental, social, and economic responsibilities at the micro-level (Gimenez, Sierra, and Rodon 2012;Rambaud and Richard 2015). According to Elkington (2004), organizations should focus "not just on the economic value they add, but also on the environmental and social value they add -or destroy" (p.3). ...
... In the mid-nineties, based on the seven drivers of sustainability revolutions 3 , John Elkington conceived the TBL (Elkington 2004), a concept that provides some useful directions and guidelines for setting environmental, social, and economic responsibilities at the micro-level (Gimenez, Sierra, and Rodon 2012;Rambaud and Richard 2015). According to Elkington (2004), organizations should focus "not just on the economic value they add, but also on the environmental and social value they add -or destroy" (p.3). This TBL reporting approach portrays the "economic/financial, the social and the environmental interactions of the organization" (Gray, Adams, and Owen 2014, p.220). ...
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Purpose This review aims to summarize the extent to which sustainability dimensions are covered in the selected qualitative literature, the theoretical and ontological underpinnings that have informed sustainability research and the qualitative methodologies used in that literature. Design/methodology/approach This study uses a systematic review to examine prior empirical studies in sustainability reporting between 2000 and 2021. Findings This review contributes to sustainability research by identifying unexplored and underexplored areas for future studies, such as Indigenous people’s rights, employee health and safety practice, product responsibility, gender and leadership diversity. Institutional and stakeholder theories are widely used in the selected literature, whereas moral legitimacy remains underexplored. The authors suggest that ethnographic and historical research will increase the richness of academic research findings on sustainability reporting. Research limitations/implications This review is limited to qualitative studies only because its richness allows researchers to apply various methodological and theoretical approaches to understand engagement in sustainability reporting practice. Originality/value This review follows a novel approach of bringing the selected studies’ scopes, theories and methodologies together. This approach permits researchers to formulate a research question coherently using a logical framework for a research problem.
... When Elkington worked with sustainability in 1995, he coined the term 3P to refer to TBL's dimensions: People, Planet, and Profit [20]. Instead of focusing solely on profit maximization, the TBL method emphasizes that the decision-making criteria should also consider social and environmental considerations [21]. The TBL idea acknowledges profit as a measure of success but also emphasizes that the environment that allows profit and the people who live in that environment should not be harmed. ...
... Thus, this study conducted a comprehensive literature analysis. The criteria and sub-criteria from Moshiul et al. [21] have been utilized to direct the clustering (Table 1). After eliminating redundancy, 77 sub-criteria were initially developed inductively from the literature under consideration. ...
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Globally, deep-sea shipping is one of the most indispensable form of commercial trans- portation services. There are considerable repercussions affecting the shipping environment caused by the rise in deep-sea vessel operations. Shifting toward eco-responsible fuel alternatives might be a plausible option for mitigating these adverse effects on the environment. However, alternative fuel selection is a complex process that depends on shipping type, multiple stakeholders’ involvement, and numerous social, environmental, and economic criteria. The baseline of such decision-making in- volves firm-level decision-makers who must operate ships while maintaining profitability and while complying with regulatory legislation and sustainability dimension. Therefore, firm-level decision- maker perspectives might differ significantly from other industry stakeholders (i.e., government and classification society). Particular attention must be paid to the alternative fuel selection issue from the standpoint of the ship owner and shipping company management. The current research intends to use a multi-criteria analysis as a decision-support tool for the alternative fuel selection problem in deep-sea commercial shipping on the international waterway. The proposed technique considers environmental, technological, and economic factors and ensures an exclusive focus on stakeholders at the firm-level decision-making capacity. The priority ranking of the alternatives selection criteria is based on the technique for order performance by similarity to the ideal solution (TOPSIS). Im- plementing this strategy considers the participation of firm-level stakeholders by analyzing each alternative’s criterion weights and performance concerning each criterion. The technique is applied to the case study of Singapore-based firms. The results demonstrated that the most important criteria with regard to an optimal alternative selection for shipping firm-level stakeholders are technological aspects, technology status, expenditures, ecosystem impact, and health-safety considerations. These results provide a foundation for decision-makers to comprehend the ship management’s priorities and interests in choosing alternative fuels. The conclusions of this analysis, the first of its kind in this field, can provide a solid foundation for strategic planning.
... Following the release of Brundtland report "Out Common Future" (WCED 1987), Rio Declaration and Agenda 21 at the Earth Summit in 1992 (UNCED 1992), the responsibility for achieving sustainable development has been also placed with business and industry. In 1994, Elkington and his company SustainAbility introduced a concept of triple bottom line, aimed at increasing corporate awareness of the importance of generating social and environmental value along with economic value and interpreting sustainable development dimensions within the business, described as "people, planet and profits" (Elkington 2004). Elkington (2004) argues that triple bottom line forms a new paradigm for business focusing on competition, introducing new values, transparency, and opening information about corporate operations to the public, encouraging promotion of social and environmental performance and stakeholder-oriented business development and partnerships between the sectors of society. ...
... In 1994, Elkington and his company SustainAbility introduced a concept of triple bottom line, aimed at increasing corporate awareness of the importance of generating social and environmental value along with economic value and interpreting sustainable development dimensions within the business, described as "people, planet and profits" (Elkington 2004). Elkington (2004) argues that triple bottom line forms a new paradigm for business focusing on competition, introducing new values, transparency, and opening information about corporate operations to the public, encouraging promotion of social and environmental performance and stakeholder-oriented business development and partnerships between the sectors of society. Currently, corporate accountability for social, environmental, and economic aspects of business operations under the triple bottom line accounting has become an integral part of CSR (Waddock et al. 2002). ...
... Svensson et al. (2016) define business sustainability as a company's efforts to go beyond focusing only on profitability, but also to manage its environmental, social and broader economic impact on the marketplace and society as a whole, in line with several other definitions in the literature (e.g. Lüdeke-Freund, 2009;Smith and Sharicz, 2011) that take the logic of the Triple Bottom Line (TBL) into account (Elkington, 1997 and2004). ...
... This is a focus that requires additional insights into how to measure and assess corporate sustainable development in connection with business sustainability. Elkington (1997 and2004) contends that sustainable development should address economic, social and environmental concerns, so as to manage the challenges in connection with the sustainable development of business practices (Høgevold et al., 2014). In this age of global warming and climate change, it is essential to measure the progress of sustainable development in to the context of business sustainability efforts through time and across contexts. ...
... Sustainability is defined from the perspective of the triple bottom line (TBL) that comprises three pillars of support: economic, environmental and social (Elkington 2004). Despite the pressure exerted by stakeholders to comply with sustainability demands based on these three pillars (Yuen et al. 2017), few studies have analysed customer perceptions of these practices, from a TBL approach. ...
... According to Elkington (2004), shipping companies must adopt a strategic position, that is, carry out sustainable activities that contemplate simultaneous improvements in social, economic and environmental performance (Lun et al. 2016). According to Tran et al. (2020), a practice cannot be labelled as sustainable if it has a negative impact on economic performance, regardless of the positive effects in the social and environmental spheres. ...
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In B2B context, this study focuses on analysing the loyalty formation process from a set of antecedent multidimensional variables—sustainable practices and logistics value—and the moderating effect of type of customer in maritime transport from the user’s perspective. Based on a sample of 105 importing companies and freight forwarders in Panama, a structural equation model was estimated to test the research hypotheses. The results show the significant influences of sustainable practices on value and value on loyalty. The significant mediating effect of value in the relationship between sustainable practices and loyalty is also verified. It indicates the benefits of the presence of perceived logistics value in B2B relationships since it reinforces the intensity of the links between sustainable practices and loyalty. The moderating role of the type of business was confirmed. Amongst importers, sustainable practices show a significantly greater impact on logistics value than in the freight forwarders group.
... Considerando o Tripé da Sustentabilidade, uma empresa sustentável deve ser financeiramente viável, socialmente justa e ambientalmente responsável (CMMAD, 1991;Elkington, 2004). Será abordado neste estudo o setor hoteleiro um dos mercados turísticos que têm se preocupado com os três pilares da sustentabilidade (econômico, social e ambiental) ao longo das últimas décadas. ...
... 2. SUSTENTABILIDADE E CONSCIÊNCIA AMBIENTALSustentabilidade significa desenvolvimento que, para ser pleno, deverá satisfazer as necessidades das presentes gerações sem comprometer a capacidade das futuras de satisfazer as suas. Considerando o Tripé da Sustentabilidade, uma empresa sustentável deve ser financeiramente viável, socialmente justa e ambientalmente responsável(CMMAD, 1991;Elkington, 2004).O Desenvolvimento sustentável significa obter crescimento econômico necessário, garantindo a preservação do meio ambiente e o desenvolvimento social para o presente e gerações futuras. Portanto, para que ocorra o desenvolvimento sustentável é necessário que haja uma harmonização entre o desenvolvimento econômico, a preservação do meio ambiente, a justiça social, a qualidade de vida e o uso racional dos recursos da natureza. ...
Chapter
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Resumen: En América Latina y el Caribe se están desarrollando reflexiones desde la ecología política orientadas hacia la construcción de una teoría crítica que posibilite el estudio de los conflictos ecológicos causados por los desperdicios y la contaminación en el Sur Global. De esta forma, académicos, investigadores, activistas y movimientos sociales han avanzado hacia la fundamentación de una ‘Ecología Política’ que posibilite el estudio de los conflictos relacionados con la reproducción de una crisis cualitativa y cuantitativa de la basura asentada en un modelo hegemónico y capitalista de gestión y disposición final de basuras en rellenos sanitarios controlados, vertederos y basureros a cielo abierto que se hallan instalados, comúnmente, en áreas periurbanas y rurales de las ciudades. Esta doble crisis no solamente incide sobre la producción de desperdicios y la contaminación, sino también en la crisis por la pérdida de biodiversidad y el cambio climático. La degradación ambiental de los ecosistemas causada por estos conflictos también ha comprometido la alteración de las condiciones sanitarias y saludables que sustentan la vida humana y las actividades sociales, económicas y culturales de las comunidades que habitan en estas ‘zonas de sacrificio’. Por tanto, es posible evidenciar fenómenos propios a la disociación de la dialéctica sociedad-naturaleza, la ruptura del metabolismo social, y las consecuencias nocivas de la subsunción real y formal de la basura bajo el capital. En este orden, el objetivo de este capítulo de libro consiste en realizar una aproximación a ciertas categorías teóricas y críticas que están fundamentando la estructuración de la ‘Ecología Política de la Basura y los Residuos’ a través del análisis de diferentes contribuciones transdisciplinares que no solo apuntan al estudio de los conflictos por los desperdicios y la contaminación, sino que coinciden en la necesidad de construir alternativas sustentables, saludables y democráticas a la doble crisis de la basura en el Sur Global
... The organic food is the focus of the current study as it supports the three dimensions of sustainable development (environmental, social and economic) as was claimed in previous studies (e, g., Elkington, 2004). Organic food is considered an important form of sustainable consumption (Seconda et al., 2019); it contains no chemicals, no fertilizers, free from genetically modified organisms, pesticides, hormones and antibiotics. ...
... The third archetype refers to companies that seize opportunities that the ever-changing economy presents as a transition to sustainability [49]. They work to substitute current models with circular, renewable, and natural processes sourcing to achieve sustainable supply chains by taking advantage of the digital components available. ...
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The fashion industry is at a stage of profound transformation of its operating paradigm. Because of their stakeholders’ pressure, companies have begun to pursue strategic solutions that include sustainability as a guiding principle. Such strategies push for effective organizational solutions and production models that take into consideration the conservation of the planet’s resources, respect for people, and the sustainability of their profits. In this context, the fashion industry is now recognizing the circular economy (CE) as the primary BM to address sustainability-related industry issues. The authors have adopted a specific technological-driven perspective that attempts to analyze today’s context and map digitally driven practices in European fashion companies. These practices are emerging to support fashion organizations so that they can focus their sustainability agendas and better implement circular BMs. This perspective is consistent with the current fashion context, where digital transformation is recognized as an asset that could transform the industry into a more sustainable business. This proposed objective is realized through an iterative process of modeling data. The BMIs identified here are grouped according to Bocken’s eight archetypes: maximize material and energy efficiency; create value from ‘waste’; substitute with renewables and natural processes; deliver functionality rather than ownership; adopt a stewardship role; encourage sufficiency; re-purpose the business for society/the environment and develop scale-up solutions. They guide the authors in modeling mechanisms and solutions that help build business innovations that work to ensure circularity. Analyzing the current best practices, this article introduces a taxonomy that highlights current approaches that lead to incremental changes toward CE through digital solutions.
... A sustainable health system would operate with the available financial, social, and environmental resources to protect health for all, now, and in future generations. These three elements together are often referred to as the ' triple bottom line' ( Elkington, 1997). A zero-carbon health system must be based on low carbon infrastructure, less resource-intensive medical practices, the empowerment of patients to manage their own care, and, wherever possible, keeping people out of hospitals by preventing illness ( Mortimer, 2010). ...
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Approaching global health through a social justice lens, this text explores both estab�lished and emerging issues for contemporary health and wellbeing. Divided into two parts, the book introduces key concepts in relation to global public health, such as ethics, economics, health disparities, and globalisation. The second part comprises chapters exploring specific challenges, such as designing and implementing public health interventions, the role of social enterprise, climate change, sustainability and health, oral health, violence, palliative care, mental health, loneliness, nutrition, and embracing diverse genders. These chapters build on, and apply, the theoretical frameworks laid out in part one, linking the substantive content to broader contexts. Taking an inclusive, global approach, this is a key text for both undergraduate and postgraduate students of global health, public health, and medical sociology.
... One of the most extensively used definitions of sustainability in business has been the Triple-Bottom-Line (TBL) approach. Attributed to entrepreneur John Elkington [22] it posits that businesses addressing sustainability by paying attention not only to the economic prosperity of a business (profit), but also social justice (people) and environmental responsibility (planet), are more likely to thrive. He argues that these businesses are sustainable in the longer term in a market-driven closed-loop economy, where shifting values demand increased transparency and where collaboration is key and long-term thinking is critical. ...
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This study proposes to extend the sustainable business framework of the Quadruple Bottom Line into the Quintuple Bottom Line. The five Ps of the Quintuple Bottom Line support purpose-driven businesses to consider economic profitability alongside social responsibility and environmental sustainability, rooted in place (purpose, profit, people, planet and place), and are based on reflections from the craft industry. Case studies from material-based creative businesses as found in the traditional handicraft and design-innovation communities in Nepal, and a designer-making community in Scotland, both explored circular-economy principles. The importance of localised supply chains and regenerative design enabled the development of the five-Ps framework so as to be more reflective of circular-economy models as operated by craft businesses. This qualitative research project took a case-studies approach, supported by primary research through workshops and interviews, and using the expansion of the Craft Toolkit of Applied Arts Scotland to embed the five Ps. The craft sector, with creative practices rooted in traditional manufacturing, material knowledge and yet a contemporary approach to design, can thus provide a useful model for other creative businesses that support purposeful, holistic sustainability and that engage with financial, environmental, and social sustainability that is rooted in place.
... Assim, a sustentabilidade pode ser vista no contexto empresarial como uma maneira de minimizar impactos negativos causados pelos processos produtivos. Para isso, deve-se tomar ações que promovam essa visão na empresa, internamente e externamente (ELKINGTON, 2004). ...
Article
A sociedade tem se voltado cada vez mais para as questões ambientais, uma vez que é intrinsecamente ligada ao bem-estar das presentes e futuras gerações, por isso a necessidade do apelo ambiental nas empresas, a fim de alcançar as expectativas do mercado consumidor, que tem se preocupado em consumir conscientemente. O marketing ambiental é uma ferramenta fundamental nesse processo, visto que é responsável pela interação empresa-cliente. Desse modo, torna-se imprescindível a adoção de estratégias de marketing ambiental para o fortalecimento da empresa e de sua marca, visando alcançar a sustentabilidade. Este estudo tem o objetivo de realizar um diagnóstico dos projetos de marketing das empresas incubadas na Incubadora Tecnológica Natal Central (ITNC/IFRN) e trazer à estas a importância da implementação de uma estratégia de marketing verde para o seu melhor desempenho no mercado. Foram realizados estudos e aplicado um questionário diagnóstico a fim de compreender qual a compreensão e prática do marketing ambiental pelas empresas. Constatou-se que as empresas precisam ampliar seus conhecimentos sobre marketink ambiental, pois possuem um nível baixo de conhecimento. Utilizam poucos elementos do marketing ambiental, mas tem potencial para desenvolver a sustentabilidade em suas estratégias de marketing.
... Studying ESG reporting disclosure quality can reveal insights to improve the effectiveness of ESG communications between companies and their stakeholders, which may finally lead to more successful business operations satisfying different ESG needs of stakeholders [8][9][10][11]. The readers of ESG reports are mainly the stakeholders of companies, who need to know more about the impact of environmental and social issues on their individual interests. For example, the shareholders (investors) seeking growth in their investments may want to know how the business's financial performance will be affected by environmental and social activities [12]. ...
Article
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Since 2016, the Hong Kong Stock Exchange (“HKEx”) has required listed companies to issue Environment, Social and Governance (“ESG”) reports annually. The purpose of ESG reports is to inform stakeholders and the general public of listed companies’ performance in ESG aspects. For big corporations, issuing ESG reports and reporting their key performance indicators (“KPIs”) are not a problem because they have been doing so voluntarily for years. Rather, it is a challenge for small and medium-sized listed companies (“SMEs”) to report properly because they may be lacking in knowledge, skills and motivation, etc. In particular, the quality of quantitative measurements on ESG data disclosure remains variable. This research effort adopted a scoring methodology to assess the relevance and completeness of the environmental KPIs, which are semi-mandatory to disclose. A total of 138 SMEs were proportionately selected by a stratified sampling method based on the 11 categories of industries set by the Hang Seng Industry Classification System. The disclosure quality of these selected sample companies’ environmental KPIs was assessed by scoring. We found that the average disclosure quality score was a low 1.98. “Energy Use Efficiency” was the highest-performing KPI, while “The Environment and Natural Resources” was the lowest-performing KPI. Across the different industries, Industrial Goods achieved the highest disclosure quality score, while the Telecommunication industry had the worst score. This research also explored some of the common problems faced whilst reporting environmental KPIs.
... Now it is argued that the companies should focus on three different bottom lines and not just profit. The three bottom lines are profit (economic), people (social) and planet (environment) (Elkington, 2004;Buhr, 2007;Crane, Matten, 2010). ...
... SDGs encourage countries to balance three dimensions of sustainable development: environment, social, and economy [50]. These three dimensions are relevant to the triple bottom line concept [30], including peopleplanet-profit. ...
... Much of the early conceptions of sustainability focused on the firm's sustainability, per capita utility, and wellbeing (Pearce et al., 1994) (Pezzey, 1989) and (Elkington, 1997) have raised the issue of the potential for technology and policy to influence the sustainability of firms in the context of enterprise development. Holmberg and Sandbrook (2019) focus on the international context and argue that sustainable development should move from conceptualization to operationalization. ...
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Under the initiative of sustainable development, green financial mechanisms have become an important object to study environmental protection and reduce energy consumption and environmental pollution. This paper explores the mechanism of green finance’s effect on China’s industrial structure through panel regression and mediating effect models using panel data from 30 Chinese provinces and cities from 2009 to 2019. The findings show that 1) the level of green finance is high in both eastern and central regions, but the industrial structure in the eastern region is the most balanced and reasonable. From the results, the consistency between the industrial structure and the level of green finance development is stronger in eastern China. 2) The study of the mechanism of green finance’s role through the intermediary effect model shows that there is an overall mechanism of green finance influencing the upgrading of industrial structure through the financial sector in China, but it is manifested as partial intermediation, and the direct role of green finance on the industrial structure is more obvious. 3) In the analysis of regional heterogeneity, the intermediary role of the financial industry does not exist in the eastern and western regions, while the central region shows a masking effect. In response to these results and to promote the transformation and upgrading of industrial structure, the recommendation of this paper is to focus on the important role of financial institutions in developing green finance to adjust industrial structure, especially in the central region, where both green finance and industrial structure are at an intermediate level. Each region should adjust its industrial structure according to the time and place and promote upgrading the industrial structure.
... Salper & Hall (2011) also quoted the much and widely accepted definition of TBL by Andrew Savitz, that is upheld by both the academia and practitioners of Sustainability, as capturing "the essence of sustainability by measuring the impact of an organization's activities on the world … including both its profitability and shareholder values and its social, human and environmental capital." Elkington (2004), as cited by Onyali (2014), argued that companies are better when they prepare three different but unique bottom lines. According to him, this first bottom line (i.e, ...
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Various studies have already established the place of Triple Bottom Line (TBL) reporting in fostering better social, environmental, and financial organizational performance; and in meeting the information needs of myriad stakeholder.. But the greater number of these studies have dwelled majorly on the so-called 'environmentally sensitive sectors'; giving lesser emphasis on sectors like the financial service sectors. However, this research submits that every company, or sector of any economy, should be expected of similar environmental sensitivity; should align with GRI's position-of companies/sectors being responsible for their social, environmental, and financial impacts, and thus make appropriate disclosures. This is why the main objective of the study is to assess the level of TBL reporting coverage in the banking sector of Nigeria. The top 10 largest banks (by assets) in Nigeria were used as sample cases. Content Analysis was the main methodology utilized, where the content of sampled banks' Annual Reports, and/or Sustainability Reports, were critically examined and scaled against the 33 different GRI disclosure indicators. The study found among others, an above average level of TBL reporting coverage by 70% of the sampled banks; that the extent of TBL reporting coverage is not always, and entirely, dependent on the size of 'multinational' companies; and that there are little or no disclosure(s) on some of the GRI indicators (
... Nevertheless, despite such a fundamental challenge resulting from definition confusion, research suggests that by 2013, 93% of global corporations had invested in CSR initiatives, and were voluntarily reporting on their performance [156]. Meaning that, CSR remains high on the business agenda, with most businesses embracing the triple-bottom-line approach, that encourages them to evaluate their impact on people, planet and profit [157,158]. However, to date, the CSR concept has not remained static. ...
Chapter
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The UN predicts that by 2050, 72% of the world’s population will be urban dwellers, a global migration and human shift that will ultimately lead to a significant social, economic and environmental transformation of urban environments. Not surprisingly, such a prediction has led to an increased interest in the growth of smart city(ies). Literature suggests that these ecosystems, that is smart city(ies), increase productivity and grow social, human and economic capital, and have the potential to reduce inequality(ies) amongst its citizens. This chapter will argue, that such expectations of inequality reduction, may not be the case. That current technocentric approaches fail to address urban problems associated with inequality, including urban sprawl, poverty, higher rates of unemployment, growing urban costs, and housing affordability. Recommendations will be made for the use of alternative mechanisms in the design of these ecosystems, to achieve the ultimate goal of reduced inequality, while simultaneously creating more liveable, vibrant and social, economic and sustainable city(ies) and community(ies) of the future.
... Sustainability, from a corporate point of view, involves social, environmental, and economic issues which have a commercial impact [1]. The subjects with regard to sustainability are the main topics of the formula 3P (People, Planet, and Profits) which was developed by Elkington (1995) who first approached the topic (1994) by coining the term "triple-bottom-line" (1994) [2]. Smith and Scharicz [3] state that triple-bottom-line (TPL) sustainability is the result of the activities of an organization, voluntary or governed by law, that demonstrate the ability of the organization to maintain viability in its business operations whilst not negatively impacting any social or ecological systems. ...
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With globalization, it is required to support the innovative behaviors of employees as a driving force in order for organizations to increase their market share, provide competitive advantage and ensure organizational sustainability. The purpose of this study is to establish the intermediary role of green human resources management in the relationship between employees’ innovative behavior and organizational sustainability in the tourism sector. Data collection was achieved by conducting a survey of 615 hotel employees who work in accommodation establishments which are located in the city of Muğla (Turkey). In the scope of this study, validity and reliability analysis of the measurement scales were conducted and SmartPLS software was applied to implement a variance-based structural equation model. Within this framework, the research primarily discussed the variables among the relationship of organizational sustainability, IB, and green human resources management, and hypotheses were formed. A mediation test was conducted by selecting the bootstrap method in order to test the indirect effect that employees have on the perception of innovative behavior. The result of the study shows organizational sustainability has a significantly positive effect on innovative behavior and green human resources management, and also it emerged that green human resources management has a partial mediating effect on the success of organizational Sustainability on innovative behavior. Findings of the research state that whilst it is anticipated that the study can contribute to the literature theoretically and practically, a variety of proposals have been put forward for the benefit of future studies and operators to use.
... Saat ini perusahaan tidak hanya dihadapkan pada profit oriented, tapi juga berkewajiban untuk memperhatikan dan bertanggung jawab terhadap masyarakat maupun planet atau bumi yang dikenal dengan triple bottom line (Elkington, 2004). Aktivitas sosial yang dilakukan oleh suatu perusahaan, diungkapkan dalam laporan CSR (Corporate Social Responsibility Disclosure) yang merupakan salah satu persyaratan pendirian perusahaan yang ditetapkan oleh pemerintah (Undang-undang RI No.40 Tahun 2007, 2007. ...
Article
This study aimed to analyze the effect of liquidity, profitability, firm size, independent commisioner toward tax aggressiveness and moderated by corporate social responsibility (CSR) disclosure in Indonesian mining companies listed on Indonesian Stock Exchange (IDX). This research used quantitative approach with descriptive and verification method. A sample of companies using purposive sampling technique and research data comes from financial reports, annual reports and annual reports of CSR disclosure of mining companies listed on the IDX and published in the period 2018-2019. Partial least square (PLS)-Structural Equation Model (SEM) was used as the method of analysis to examine the effect of the above variables supported by SmartPls 3.0 software system. The results shows that partially profitability affect significantly toward tax aggressiveness. However, liquidity, firm size, and independent commissioner have no partial effect on tax aggressiveness. As for the moderating effect, the result also shows that CSR disclosure does not significantly affect to strengthen or weaken the correlation between liquidity, profitability, firm size and independent commissioner toward tax aggressiveness. Keywords: Liquidity, Profitability, Firm Size, Independent Commissioner, CSR Disclosure, Tax Aggressiveness
... The sustainable building approach, on the other hand, is based on the tripartite nature of sustainability in terms of environmental, economic, and social matters. For example, the triple bottom line divides the broad subject area into three basic domains: the (1) social domain, the (2) environmental domain, and the (3) economic domain (Elkington, 2013) Another variation of the division sees the economic system as a subsystem of the social system, which in turn is a subsystem of the environmental system (Cato, 2009, p. 37). Following this approach, the concept of green building extends the classic paradigm of management between quality, time, and cost to include global factors such as reduction of resource depletion, reduction of emissions, and protection of natural land areas (Huovila and Koskela, 1998) Depending on how and in what form LC is used in a construction project, the effects on overall sustainability can vary (Nahmens and Ikuma, 2012). ...
... Consideration of sustainability as a concept is not a recent phenomenon, over time evolving into a fairly well developed theoretical paradigm that is most frequently conceptualized by the use of the three pillars model [1], each with a separate assessment, Triple Bottom Line, or 3BT [2]. Separate discussions on ecological, social, and economic areas is a simplistic view [3] and presents a challenge for those seeking empirical analysis of the three pillars due to the inseparable and interdependent nature of factors that comprise them [4,5]. ...
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Economic sustainability for firms of all sizes and sectors is likely to depend on some type of online commercial activity. While technical barriers to e-commerce are not high, adaptability to new online markets is a critical part of sustainable economic growth for many firms. The Chinese e-commerce market has increased dramatically to become larger than that of the United States, Europe, and Japan combined. This study explores the underlying factors that influence Chinese online consumers’ acceptance and patronage of the online shopping platforms where those firms must operate. Firm competition in the e-commerce platform in China is highly competitive, making exploration of the factors that influence consumer purchase behaviour more valuable. After an extensive qualitative focus group study, a quantitative online survey of 691 savvy Chinese online shoppers was completed. When the data was subjected to structural equation modelling (SEM) for analysis, it was found that a model of three factor constructs explains whether an online shopping platform would be the preferred online shopping platform of choice. E-commerce platform preference (EPP) can predict purchase intention (PI) and site commitment (SC). The results explain why e-commerce platforms should address important EPP factors such as: order fulfilment and delivery process, company image enhancers, the variety of products offered, the design of the online shopping platform, trust of its recommendation system, and finally, awareness of the online shopping platform itself. These findings may be of interest to e-commerce practitioners as well as those whose research interests include e-commerce and consumer behaviour.
... Silvestre and Tirca (2019) connected sustainability and innovation by proposing four types of innovations for achieving sustainable development, categorized by their emphasis on the economic, social, or environmental dimensions: traditional, social, green, and sustainable innovation. We focus on sustainable innovations, which considers all three performance dimensions (economic, environmental and social) as equally important, consistent with the TBL of sustainability (Dyllick and Hockerts, 2002;Elkington, 2004). This multidimensional performance objective is particularly important for contexts such as refugee camp, where the long-term setting means entire generations are growing up within a camp and their needs have to be addressed holistically (i.e., on all performance dimensions). ...
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... Consisting of economic, environmental and social dimensions, this approach is expected to bring each component together with a holistic perspective and build up an integrated structure (Zink, 2007). This approach consisting of these three concepts became a part of the literature with John Elkington's approach called "triple-bottom-line" introduced in 1994 and the 3P (People, Planet, and Profits) approach he developed in 1995, following the former one (Elkington, 2004). Figge and Hahn put forward a sustainable value added approach, which is a different perspective on this very issue. ...
... Siguiendo a Frynas y Yamahaki (2016), definiremos la RSC como las prácticas y responsabilidades que las compañías asumen en relación con el impacto social y natural que estas tienen en la comunidad en la que operan, más allá de sus obligaciones y compromisos legales. La RSC, por tanto, obliga a alinear al mismo tiempo los objetivos económicos, sociales y medioambientales, el denominado triple bottom apuntado por Elkington (2004). ...
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From a linguistic perspective, this article examines how Corporate Social Responsibility (CSR) is legitimized in the messages of presidents to shareholders published in annual reports. The purpose is to identify which discursive strategies are preferred by presidents in order to legitimize their discourses about sustainability. Specifically, it is analyzed what issues in relation to CSR appear and what kind of legitimation strategies are present in these discourses. Regarding the types of discursive strategies, we distinguish between moral, pragmatic, or cognitive strategies (Marais, 2012). A quantitative and qualitative analysis of 34 documents (69,857 words) published in 2008, 2015, and 2019 by presidents of the financial and energy sector of the Ibex35, the main Spanish stock market index, was performed. On the one hand, analyzing these years allows for a diachronic vision of the legitimation discourse; on the other hand, focusing on these sectors allows for a better understanding of the legitimation discourse in precisely two sectors whose reputation was severely damaged, albeit for different reasons: in the case of the energy sector, because its activity specifically threatens the environment; in the case of the banking sector, because ever since the 2008 crisis, the banking sector has come under a cloud of suspicion. The results obtained show similar behavior by sector as well as by year in terms of legitimization strategies. However, regarding the issues related to CSR, notable divergences emerge. In the energy sector there is a clear predominance of environmental issues whereas the banking sector prefers social issues.
... Since The Saudi Vision 2030 is constructed officially as a sustainable vision [1], it is only convenient to examine how the concept of sustainability is localised and contextualised in KFUI. For illustration, sustainability can be based on four pillars: environmental, economic, social and cultural [28][29][30]. Nevertheless, the analysis reveals that while KFUI specifies its branding within environmental domains, connections to other discourses, which signify economic veins, are also prominent. ...
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This paper presents a corpus-assisted discourse study (CADS) attempting to offer a linguistic analysis of the official King Faisal University Identity (KFUI) focusing on environmental sustainability and food security. To this end, it utilizes two tools of linguistic investigation, agency and interdisciplinarity, to offer an understanding of how this Saudi university is self-constructed in such a document and what implications such construction entails. The analysis reveals that KFU brands itself as a research-and investment-inviting academic institution with an interdisciplinary take on environmental sustainability. Such take signifies its connections to discourses on economy and technology, along with its commitment to prospective measures to be taken in light of KFUI.
... Ao longo desse período, o foco dado às discussões foi mudando para uma ênfase no consumo e estilos de vida da população (Portilho, 2005;Bertoldi & Losekan, 2019). O debate sobre sustentabilidade trata sobre mudanças nas ações por parte das empresas (Elkington, 2013;Vezzoli & Manzini, 2008), no entanto o consumismo também precisa ser repensado (Bauman, 2008). Os padrões insustentáveis de consumo atuais afetam a capacidade de regeneração do planeta, pois se o contingente populacional global atingir a projeção prevista para 2050, um total três planetas serão necessários para suprir a demanda (Oliveira, Correia & Gomez, 2016;Silva, 2012;UN, 2020). ...
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... In 1994, John Elkington coined the term TBL (Elkington 2018). The late 1990s saw this term take off (Elkington 2004). The TBL theory refers to the environmental, social, and financial aspects of businesses (Isil and Hernke 2017;Alsawafi et al. 2021;Liute and Giacomo 2022). ...
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Building on theories of Corporate Sustainability, Triple Bottom Line, and Natural Resource-Based View, this study aims to predict the positive relationship between green transformational leadership, green human resource management practices, and employees’ green behavior. It applies a quantitative approach to analyze 252 data collected from the customers who are prospective employees of small and medium enterprises in Budapest. An online questionnaire was sent to 252 samples with the Snowball sampling method for about a month in Hungary. Based on a structural equation modeling analysis, green transformational leadership and green human resource management practices positively influence employees’ green behavior. Green human resource management practices mediate the relationship between green transformational leadership and employees’ green behavior. Small and medium enterprises should consider solving the green behavioral problems of their employees by promoting the green concept in leadership and human resource management practices. Such initiatives contribute to sustainability in small and medium enterprises.
... To integrate sustainability into the business of corporations, Elkington (2004) introduced the concept of "Triple Bottom Line (TBL)" which refers to the interactions among the environmental, social, and economic values that produce a variety of opportunities and challenges for organizations. Economic upgrading can be defined as the process through which firms move from low value-added to high value-added activities along the global value chain (Gereffi, 1999), or, in other words, innovations that increase value-added (United States Agency for International Development [USAID], 2006). ...
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Bangladesh has emerged as a lower-middle income country and depends on its export earnings mainly from the ready-made garment (RMG) industry. However, one of the key challenges to the sustainability of this industry is its low labor productivity. This article addresses this problem and questions what factors contribute to lower labor productivity in Bangladesh's RMG industry. This research question has been investigated by conducting a management survey in which qualitative responses were analyzed. Based on the perceptions of senior management, the study finds that a combination of economic and social factors determines labor productivity in this industry. Although entrepreneurial strategy can control some of these factors, instruments such as offering incentives to workers, external factors such as education levels in the country, or the culture in the workplace cannot be influenced. This article contributes to the literature on sustainability challenges to entrepreneurship in the global supply chain, the upgradation by entrepreneurs in the global value chain, and the role of entrepreneurs in the development of the RMG sector in Bangladesh. Understanding the difficulties in producing a skilled workforce from the point of view of entrepreneurs may show the pathway for policymakers to deal with this challenge of sustainability.
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This study aims to find out the relationship between CSR, environmental and export performance, as well as the moderating effect of green business strategy and innovation based on the evidence from Chinese manufacturing SMEs. For this study a total of 212 questionnaires were conducted on small and medium-sized equipment export manufacturing companies in the Guangdong Province, the data analysis is conducted by SP SS to verify the research model. This study found a positive relationship between corporate social responsibility and environmental and export performance. Furthermore, results illustrated that innovation moderates the relationship between CSR and export performance. This paper investigates the link between CSR, green business strategy, innovation, export and environmental performance for the developing-country manufacturer that confronts specific barriers. It also provides a glimpse into academic and practical implications that may help manufacturing SMEs in developing countries, which are in a similar situation to China, to better their performance.
Chapter
Circular models have been widely criticised for their lack of social considerations due to a greater focus on environmental and ecological sustainability through recyclability or reusability of products. This view is reinforced by the models and frameworks that exist for the adoption of circularity in existing business models, typically showing a closed loop principle for an existing product value chain and usually relating to circular reformation from a linear to a circular model. Although these models do little to articulate the sustainable trifactor of financial, environmental and social sustainability, circular models can be developed and built around greater social inclusion if a ‘Separated Business Model Canvas Approach’ is used when analysing existing models and/or developing new circular models. This chapter covers a brief literature review of social sustainability in circular model adoption, addressing some of the factors contributing to social exclusion and also reviewing some of the solutions for social inclusion. This chapter offers an alternative framework addressing the social sustainability aspects of circular modelling and concludes with a case study example where the framework is applied to an existing business to help identify the social elements of the circular model.KeywordsSocial sustainabilityCircular modelsSocial inclusionSustainability trifactorBusiness Model CanvasSeparated Business Model Canvas Approach
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Food companies are central actors in driving sustainability transformations at the interface of production and consumption. Still, only limited attention has been directed to how sustainability-related meanings are being created within various food industry organizations. In this article, we explore the characteristics of the sustainability sensemaking and -giving processes among food companies and analyze how these processes influence sustainability-related transformations of current foodways. Our analysis is based on qualitative data (transcripts and notes) from interviews with managers from 15 Finnish food companies. By using organizational sensemaking literature, we shed light on the companies’ cultural talk and social meaning creations of sustainability. Our findings indicate that food companies’ sustainability sensemaking is an intra- and inter-organizational, social process occurring between the individual and organizational spheres of the organizations. Food companies act as sensegivers, as they actively communicate with stakeholders to achieve the position of a knowledgeable sustainability forerunner. Sustainability has been normalized in the talk and action of food companies, but the discursive space offered by them is limited to weak sustainability perspectives. While socio-material transgressions of current foodways may emerge, we argue that a shift from communicating and commercializing sustainability to a focus on ecological material aspects and ecological sensemaking is essential for transforming foodways towards strong sustainability.
Chapter
Location and/or relocation of facilities is a strategic decision involving long-term planning and as such, involves considerable effort and lead-time. As such, academic researchers have devoted a considerable amount of attention to locational modeling and therefore, there are at least 3500 publications on the subject, see Domschke and Drexl (Location and Layout Planning: An International Bibliography, in Lecture Notes in Economics and Mathematical Systems, vol. 238, Springer, Berlin-Heidelberg-New York, 1985) and Hale and Moberg (Ann Oper Res 123(1), 21–35, 2003). The focus of this chapter, however, is on the practice of locational modeling and survey of the practitioner literature on the same.
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En el contexto del transporte marítimo, los clientes pueden desarrollar distintos roles. Objetivo. Analizar la lealtad en las relaciones entre empresas marítimas según el tipo de cliente (importador y agente de carga), observando las prácticas sostenibles y el valorlogístico como variables impulsoras de la lealtad. Metodología. Se analizó una muestra de 105 empresas panameñas de transporte marítimo por medio de la estimación de un modelo de ecuaciones estructurales. Resultados. Se evidencia el papel mediador del valor logístico entre las prácticas sostenibles y la lealtad. Se constata la influencia que posee el tipo de cliente sobre los efectos encadenados hipotetizados. Conclusiones. Se concluye que para los importadores la cadena de efectos se intensifica y que tanto el valor logístico como las prácticas sostenibles son bases en las que apoyar la estrategia de fidelización. Así pues, se dibuja la ruta para el mantenimiento de las relaciones a largo plazo con este tipo de cliente.
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Using the resource-based view theory, this paper explores the association between green human resource management and green supply chain management. Moreover, the collective impact of green human resource management and green supply chain management on the triple bottom lines (social, environmental, and economic performance) was tested. The current study employed a random sampling technique in evaluating data from 212 firms from the chemical, pharmaceutical, automotive, textile, and food industries. Our main findings include the following. First, green human resource management positively influenced the triple bottom lines. Second, green supply chain management mediates green human resource management and triple bottom lines. Specifically, internal green supply chain management mediates green human resource management practices and sustainable performance. In contrast, external green supply chain management practices only mediate the relationship between green human resource management practices and the environmental and social perspective of sustainable performance. The study provides managerial implications and future recommendations.
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Penelitian ini bertujuan untuk menganalisis kualitas pelaporan keberlanjutan dan menguji faktor-faktor yang memengaruhinya. Kualitas pelaporan keberlanjutan diidentifikasi menggunakan teknik analisis konten dengan berpedoman pada GRI Standards. GRI Standards merupakan pedoman terbaru yang diluncurkan oleh Global Reporting Initiative yang mulai berlaku efektif tahun 2018 di Indonesia. Sedangkan faktor-faktor yang memengaruhi kualitas pelaporan keberlanjutan diuji menggunakan metode kuantitatif analisis regresi berganda dengan alat bantu statistik IBM Statistical Package for the Social Science 23.0 version. Penelitian ini menggunakan 88 sampel yang diperoleh melalui purposive sampling dari perusahaan grup bisnis yang terdaftar di Bursa Efek Indonesia yang melakukan pengungkapan pelaporan keberlanjutan periode 2018-2019. Hasil penelitian menunjukkan bahwa kualitas pelaporan keberlanjutan di Indonesia masih tergolong rendah yaitu sebesar 23%. Hal ini menyiratkan bahwa pengungkapan pelaporan keberlanjutan yang masih bersifat voluntary membuat perusahaan kurang termotivasi untuk melakukan pengungkapan secara mendalam. Faktor tata kelola perusahaan dan karakteristik perusahaan seperti ukuran dewan komisaris dan proporsi dewan komisaris tidak memiliki pengaruh yang signifikan sedangkan foreign orientation dan umur perusahaan memiliki pengaruh signifikan negatif terhadap kualitas pelaporan keberlanjutan.
Chapter
Recent technological advancements such as cloud computing, broadband connectivity, two-way communication enabled by web 2.0, and frontend devices as smartphones has enabled a new pervasive computing paradigm termed Social Computing. In this paper we have derived a Structural Model, Multistage Causal Model and an Overall Interaction and Information Flow Model to understand how Social Computing paradigm can enhance the triple bottom line. The key to success of new business models known as peer economies, sharing economies, market economies or knowledge economies is the ability to establish trust amongst online users as well as online users and the system. The trust is a characteristic that emerges within a user based on previous experience with other users and the system. Trust is also transitive. The Multistage Causal Model showed us a way to generate this trust via a series of interactions and exploiting the transitive property by aggregating the individual experiences. The structural model showed us the essential structural elements of a Social Computing application required to support the behaviour depicted by Multistage Causality Model. Overall Interaction and Information Flow Model showed us by providing information in a systematic way how user interactions can be facilitated and by captured user interactions further information can be generated towards building the trust. When user reaches a sufficient level of trust to offset perceived risks associated when dealing with a stranger, business transactions take place to enhance the triple bottom line. This deeper understanding will enable businesses to design a successful Social Computing application to fulfil a specific need. KeywordsSocial computingNew business modelsStructural and behavioural models for social computingOverall interaction and information flow model for social computingEnhancing triple bottom lineDesigning successful social computing applications
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p class="Padro">O presente estudo tece uma reflexão sobre o momento atual da economia, sob a orientação neoliberal, buscando perceber suas implicações para o equacionamento dos desafios socioambientais, e discute o respaldo da educação para o enfrentamento da crise sistêmica. Questiona-se a coerência entre as proposições estratégicas do governo e suas ações práticas em relação à sustentabilidade. Os autores consultados aprovam o desenvolvimento sustentável como modelo referencial para a nova economia, percebem o impacto do direcionamento liberal nos rumos da transição para a sustentabilidade e admitem que a educação brasileira não está direcionada à formação integral que vise um futuro sustentável.</p
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The construction sector and concomitant supply chain has been acknowledged in the literature as a major contributor to environmental “stress”, from the design, sourcing and extraction of raw materials through to transportation, design, construction and demolition. Clear indicators/solutions have been showcased as vehicles for reducing this stress, ranging from lifecycle costing through to waste reduction strategies, carbon assessment and “green” environmental assessment tools to name but a few. However, this paper argues that whilst some of these (intervention strategies) may have had some positive effects, the main challenge rests with people—inter alia, the key decision-makers and leadership structures with the “position power” to effect change. Acknowledging this as a supposition, this paper uses three discreet construction organisations engaging in offsite construction as a micro-study (cf. cross-case study) to evaluate sustainability perceptions. In doing so, it focuses specifically on sustainability practices and business processes underpinning technology (adoption, absorption and diffusion), including the perceptions of different stakeholders involved in each of these three companies. In total, 30 respondents from three organisations (cases) participated in this study, representing three tiers of management (top, middle and first line). Priority areas are highlighted, along with the reasons supporting these perspectives. Findings from this work present a new technology diffusion sustainability model for offsite construction. This model identifies sustainability causal links, super catalysts, actuators, barriers, forces and facilitators. More importantly perhaps, this work presents a clear case for “conjoined thinking” in order to instill a collective mindset change and common purpose for those wishing to evidence offsite sustainability.
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Align with the economy developing progress. The study investigates the relationship among some constructs, namely green entrepreneurship education (GEE). Environmental citizenship behaviour (ECB). Green entrepreneurial intention (GEI). And perceived circular economy (PCE). These relationships involve some direct and mediating effects among constructs in understanding the circular economy. It involves 123 students from some business management schools and economic faculty in Jakarta. Smart-PLS is a tool for running data with the following results: GEE influences ECB with a contribution of 26.38 per cent. ECB contributes 40.45 per cent while GEE supports 11.25 per cent toward GEI. In this case. ECB mediates the relation between green entrepreneurship education and green entrepreneurship intention. When associated with the circular economy. The role of GEI mediates ECB to PCE. However. ECB only impacts 6 per cent. Meanwhile, GEI is 32.72 per cent in forming students’ perception of the circular economy. It shows the ECB has not been able to develop an understanding of the circular economy. Hence. It needs a literacy of circular economy as a mechanism to enrich knowledge in entrepreneurship education programs.
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Technological innovations and their enabled services support business growth and promise benefits for societies. In the mobility sector, technology adoption and its sustainable integration into current transport systems strongly depend on citizens' perspectives both as users and non-users. Following a bottom-up approach originating from the societal views, this study analyses the attitude of citizens towards Urban Air Mobility (UAM) and brings insights into the citizens' expectations of the role that UAM can play in inhabited environments. The views of 485 residents of Lisbon in Portugal were collected to address aspects of UAM receptiveness. Six clusters of citizens were obtained expressing different attitudes towards UAM: open-minded, pollution sensitive, first movers, emergency supporters, skepticals and deniers. The designated clusters require different policies and practices from the side of policymakers and transport operators. The results indicate that positive attitudes towards UAM are characterized by higher intention to use such services suggesting that actions need to be taken to better comprehend each cluster's expectations. The study sheds light on societal aspects of technology deployment and provides insights to UAM stakeholders for the sustainable inclusion of UAM in societies catering for all citizen-related topics and contributing to the development and diffusion of the UAM ecosystem.
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La Responsabilidad Social Empresarial (RSE) conlleva a que las empresas incorporen en sus objetivos corporativos todas aquellas prácticas organizacionales por medio de las cuales no solo beneficien a la sociedad sino que también le retribuyan a ella de alguna forma por ayudarles a aumentar sus ganancias. De esta manera, no solo el Estado/Gobierno será el único interesado en mejorar el bienestar de la sociedad, sino que las empresas también asumirán el papel que les corresponde en este tema al ser parte activa de una comunidad, siendo responsables por su accionar y dejando de asumir la RSE como meras prácticas filantrópicas desarrolladas en el corto plazo, para abordar un tema que está de moda a nivel empresarial y obtener una imagen positiva ante los diferentes grupos de interés. Así pues, este artículo pretende mostrar los beneficios que trae para las grandes empresas manufactureras del Área Metropolitana del Valle de Aburrá (caso colombiano), la incorporación de la RSE en los objetivos corporativos como una forma para adquirir sostenibilidad en un futuro cada vez más cambiante y competitivo, y para contribuir con el mejoramiento de la sociedad y de todo lo que ella involucra.
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There is an on-going academic debate on why firms participate in sustainability initiatives. The two arguments often tossed around are either because it supports profit maximation or because it enhances organization legitimacy. Profit maximization and organization legitimacy are not mutually exclusive as past literature states that sustainability initiatives enable an organization to gain legitimacy which enhances reputation and could translate to higher financial returns. This paper explores if the sustainability reporting type impacts the relationship between sustainability performance and organization legitimacy. We study the impact of sustainability reporting on organization legitimacy through two effects. First is the compliance mechanism based on the normative perspective, where a firm complies with the values and norms prevailing in the industry. Second, we look at the disclosure mechanism where the firm can choose what to make public i.e., it chooses what to disclose to maintain stakeholder interest and legitimacy. We extensively study the sustainability disclosure and sustainability performance of 60 Indian firms listed on NSE and who have published sustainability reports for the year 2021. We study how these firms respond to the compliance and disclosure effects over a period of a year. We analyze the impact of sustainability reporting and performance on firm’s media legitimacy. Analyzing a sample of 60 Indian companies over 2021, we demonstrate that sustainability reporting positively influences the firm legitimacy. This is the compliance mechanism at work. We also find that in case of a comprehensive disclosure sustainability performance has a positive impact on firm legitimacy. However, in case of restricted disclosure, sustainability performance has no impact on firm legitimacy. This is the disclosure mechanism at work. Firms following a comprehensive disclosure provide stakeholders with a true picture while firms following a restricted disclosure leave their stakeholders confused and stakeholders are forced to look at other constructs like age, size, reputation to proxy performance. Companies with have high performance are better off following comprehensive reporting while firms with low sustainability performance are safer, giving restricted disclosures in the interim for a short period of time.
Thesis
Sustainable development is nowadays a major concern, requiring to reach a series of urgent environmental, social, and economic targets. To achieve them, technical and legislative interventions are not sufficient: there is a need for individual, collective, and systemic change rooted in human behavior. As consumers, communities, in our institutional and professional roles, we all contribute to sustainability-related issues, and we should participate in their resolution. In this situation, the role of design and engineering disciplines and practitioners is becoming increasingly important. By developing artefacts, interfaces, and environments, designers and engineers shape the contexts where people take actions and make decisions and inevitably affect users’ behavior. Ultimately, this can have a great impact on resources’ consumption, conservation, and distribution. Hence, it implies great responsibility and power, as acknowledged by the field of Design for Sustainable Behavior (DfSB).However, the study of human behavior is not a typical subject in technical fields and education. DfSB researchers have accomplished a great effort to take this knowledge from psychology to design and engineering, leading to the creation of a variety of design tools. Nevertheless, the integration of DfSB approaches in the industries is not immediate and trivial. Designing for behavior change merges two extremely complex subjects: human behavior and product development. The former is hard to define, including deliberate choices and habits that we mindlessly replicate, both affected by several variables and difficult to predict. The latter includes a set of tasks, stages, specific technical and legislative standards, it is influenced by the market, and conducted under time pressure. Involving sustainability objectives in the equation makes it even more challenging, implying multiple interrelated social, environmental, and economic problems. Augmented and Virtual Reality (AR and VR) can support designers, researchers, and organizations facing this complexity. AR adds information and stimuli into existing contexts, including environments and artifacts. It is a tool to directly affect users’ interaction with their surroundings, their actions, and choices, with an impact on the environment and society. VR allows creating new hypothetical scenarios, replicating and manipulating present and future ones. It is a tool to create awareness and make people experience possible, desired, or undesirable situations, related to sustainability issues. Both these technologies have a great potential to affect human behavior. Moreover, they both can support a variety of product development activities, from concept design to testing and validation of new solutions, improving decision-making processes and collaboration. This thesis regards the development of methodologies for designers to support sustainable behavior through AR and VR, contributing to enabling change in design and companies’ practices, as well as in users and society.
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