Corporate Sustainability Practices and Regulation: Existing Frameworks and Best Practice Proposals

2017 ◽  
pp. 145-167
Author(s):  
Gill North
Keyword(s):  
Best Practice ◽  
Corporate Sustainability ◽  
Sustainability Practices

Exploring Global Fashion Sustainability Practices through Dictionary-Based Text Mining

2021 ◽  
pp. 0887302X2199826
Author(s):  
Muzhen Li ◽  
Li Zhao
Keyword(s):  
Latent Dirichlet Allocation ◽  
Corporate Sustainability ◽  
Computer Assisted ◽  
Competitive Advantages ◽  
Bottom Line ◽  
Product Categories ◽  
Sustainability Strategies ◽  
Line Theory ◽  
Sustainability Practices ◽  
Sustainability Theory

Nowadays, more fashion companies have started to adopt various sustainability practices and communicate these practices through their annual public CSR reports. In this study, we aim to provide a holistic perspective of fashion companies’ sustainable development and investigate the sustainability practices of global fashion companies. A total of 181 CSR reports from 29 fashion companies were collected. A Dictionary approach text classification method, combined with Latent Dirichlet Allocation (LDA), a computer-assisted topic modeling algorithm, was implemented to detect and summarize the themes and keywords of detailed practices disclosed in CSR reports. The findings identified 12 main sustainability practices themes based on the triple bottom line theory and the moral responsibility of corporate sustainability theory. In general, waste management and human rights are the most frequently mentioned themes. The findings also suggest that global fashion companies adopted different sustainability strategies based on their product categories and competitive advantages.

Identification and prioritization of corporate sustainability practices using analytical hierarchy process

2015 ◽  
Vol 10 (1) ◽  
pp. 23-49 ◽  
Author(s):  
Praveen Goyal ◽  
Zillur Rahman ◽  
Absar Ahmad Kazmi
Keyword(s):  
Manufacturing Sector ◽  
Corporate Sustainability ◽  
Pollution Prevention ◽  
Analytic Hierarchy ◽  
Content Type ◽  
Scarce Resources ◽  
Sustainability Performance ◽  
Corporate Sustainability Performance ◽  
Sustainability Practices ◽  
Hierarchy Process

Purpose – The purpose of this paper is to identify and prioritize the corporate sustainability practices to improve the corporate sustainability performance in the manufacturing sector. Further, these practices are being prioritized to find out the essential practices to ensure logical allocation of limited resources. Design/methodology/approach – It examines the corporate sustainability practices which have been shortlisted from both the literature review and experts judgment. Then, analytic hierarchy process has been used to assess the identified 12 practices of corporate sustainability and to find their priorities for improvement of the corporate sustainability performance. Findings – Based on the hierarchical model developed in this study, the analysis reveals market value, environment management and strategy, research and development, pollution prevention, corporate governance and investor responsibility, which have been found to be the most important practices in improving the corporate sustainability performance. Practical implications – The findings of the study would be useful to the practitioners in the proper allocation of scarce resources to optimize the corporate sustainability performance of firms, especially the manufacturing entities. Originality/value – It is a fact that multi-faceted nature of corporate sustainability includes both subjective and objective dimensions. Therefore, prioritization of corporate sustainability at the factor level is one of the important contributions to the literature that has been addressed in the present study. The results of this paper may be generalized to the other sectors.

The Effect of Corporate Sustainability Practices on Financial Performance

2019 ◽  
pp. 52-70 ◽  
Author(s):  
Ibrahim Yasar Gok ◽  
Ozan Ozdemir ◽  
Bugra Unlu
Keyword(s):  
Financial Performance ◽  
Manufacturing Industry ◽  
Corporate Sustainability ◽  
Control Sample ◽  
Corporate Financial Performance ◽  
Performance Variables ◽  
Sustainability Practices ◽  
The Impact ◽  
Positive Effect ◽  
Better Than

In this chapter, the impact of corporate sustainability practices (CSP) on corporate financial performance (CFP) is investigated in terms of Turkish manufacturing industry. In this context, 16 sustainable companies vs. 21 control companies in 2016 and 16 sustainable companies vs. 24 control companies in 2017 are examined. Thirty-seven financial performance variables within seven groups are used, and non-parametric Mann-Whitney U test is applied. In 2016, four out of seven significant variables point out that sustainable companies perform better than control sample; however, in 2017, three out of four significant variables indicate the opposite. Therefore, the results are mixed, and it is concluded that implementing environmental, social, and governance (ESG) criteria do not have a noticeable positive effect on financial performances of manufacturing industry companies, at least in the short-term.

How Green Is Their Latte Now?

2022 ◽  
pp. 162-180
Author(s):  
M. Banu Durukan ◽  
Semen Son-Turan
Keyword(s):  
Interdisciplinary Research ◽  
Corporate Sustainability ◽  
Value Added ◽  
Secondary Data ◽  
Research Articles ◽  
Expiration Date ◽  
High Quality ◽  
Green Is ◽  
Systemic Crisis ◽  
Sustainability Practices

This chapter investigates whether sustainability practices of one of the leaders of the coffee industry, Starbucks, have changed during the COVID-19 pandemic as compared to the period before the virus outbreak. In particular, the authors ask which dimensions, or sub-dimensions, of sustainability in particular have been cut off first. Secondary data in the form of industry and company reports, websites, as well as research articles has been used. The findings of this study are particularly important for practitioners and researchers interested in changes in the coffee market, corporate sustainability, and consumer behavior, particularly during a systemic crisis, such as the COVID-19 pandemic. The topic is very current, and high-quality interdisciplinary research on a continuously deepening crisis with an unknown expiration date promises value-added potential, much more than “filling a gap” in the literature.

Nexus between government initiatives, integrated strategies, internal factors and corporate sustainability practices in Malaysia

2019 ◽  
Vol 241 ◽  
pp. 118329 ◽  
Author(s):  
Muhammad Zahid ◽  
Haseeb Ur Rahman ◽  
Saqib Muneer ◽  
Babar Zaheer Butt ◽  
Aliyu Isah-Chikaji ◽  
...  
Keyword(s):  
Corporate Sustainability ◽  
Internal Factors ◽  
Integrated Strategies ◽  
Sustainability Practices

Subcultures and sustainability practices: the impact on understanding corporate sustainability

2009 ◽  
Vol 18 (7) ◽  
pp. 432-452 ◽  
Author(s):  
Martina K. Linnenluecke ◽  
Sally V. Russell ◽  
Andrew Griffiths
Keyword(s):  
Corporate Sustainability ◽  
Sustainability Practices ◽  
The Impact

scholarly journals Board Diversity and Corporate Sustainability Practices: Evidence on Environmental, Social and Governance (ESG) Reporting

2019 ◽  
Vol 10 (3) ◽  
pp. 31
Author(s):  
Aida Maria Ismail ◽  
Izrul Haida Mohd Latiff
Keyword(s):  
Voluntary Disclosure ◽  
Corporate Sustainability ◽  
Listed Companies ◽  
Board Members ◽  
Board Diversity ◽  
Thomson Reuters ◽  
Sustainability Practices ◽  
Relationship Of ◽  
The Relationship ◽  
Sustainability Practice

The emerging awareness on sustainability issues among Malaysian listed companies has increased the voluntary disclosure on environmental, social and governance (ESG) in the annual report. This study examines the relationship of board diversity on firm’s sustainability practices. Board diversity characteristics in terms of gender, age, board composition, board capabilities and board reputation are examined as to their influence towards firm’s sustainability practice. The data includes the ESG Scores of 38 listed companies in Malaysia for the period in 2010–2016 which was obtained from the Thomson Reuters Eikon™ Datastream. The result showed that board diversity traits such as age, board capabilities and board reputation are positively associated with firm’s sustainability practices. In contrast, women director and independent directors are negatively related with firm sustainability practice. Result of this study helps to provide another viewpoint on the roles played by board members, particularly their diversity representations as the determinant for corporate sustainability practice.

scholarly journals Do corporate sustainability practices enhance organizational economic performance?

2015 ◽  
Vol 7 (2/3) ◽  
pp. 184-200 ◽  
Author(s):  
Matjaž Maletic ◽  
Damjan Maletic ◽  
Jens Dahlgaard ◽  
Su Mi Dahlgaard-Park ◽  
Boštjan Gomišcek
Keyword(s):  
Organizational Development ◽  
Indirect Effects ◽  
Large Scale ◽  
Corporate Sustainability ◽  
Market Performance ◽  
Innovation Performance ◽  
Mediation Effect ◽  
Content Type ◽  
Mediated Effects ◽  
Sustainability Practices

Purpose – The purpose of this study is to clarify the relation between sustainability practices and financial and market performance, and also, the role of non-financial performance outputs in this relation. Corporate sustainability is a growing area of importance for organizational development. Managing sustainability practices successfully is an imperative in achieving competitive advantage. Design/methodology/approach – Using empirical data based on a large-scale survey among organizations in five countries (i.e. Germany, Poland, Serbia, Slovenia and Spain), this paper utilized mediation analysis to estimate and test the mediated effects in a multiple mediator model. As such, the sizes of indirect effects of sustainability practices on financial and market performance through potential mediators were estimated. Findings – The results showed that innovation performance exerts a mediation effect in the relation between sustainability practices and financial and market performance. The main conclusion is that a greater engagement in sustainability practices leads to an increased innovation performance, which in turn leads to financial and market performance. Originality/value – This paper is one of the first attempts to empirically validate sustainability exploitation and sustainability exploration practices. Besides, the analysis of the direct and indirect effects of sustainability exploration and sustainability exploitation practices on financial and market performance has not been yet addressed to a great extent.

scholarly journals Legal systems, internationalization and corporate sustainability. An empirical analysis of the influence of national and international authorities

2017 ◽  
Vol 17 (5) ◽  
pp. 861-875 ◽  
Author(s):  
Jacob Hörisch ◽  
Roger Leonard Burritt ◽  
Katherine L. Christ ◽  
Stefan Schaltegger
Keyword(s):  
Legal System ◽  
Management Practices ◽  
Corporate Sustainability ◽  
Relative Effectiveness ◽  
Legal Systems ◽  
Content Type ◽  
Sustainability Practices ◽  
The Impact ◽  
International Sales ◽  
Practical Implications

Purpose This paper aims to compare the influence of different legal systems on corporate sustainability management practices. Against the background of growing internationalization of business activities, it additionally considers whether internationalization allows companies to circumvent the influence of national authorities. Design/methodology/approach Three legal systems are compared using regression analyses of more than 200 large corporations in five countries: common law (USA and Australia), German code law (Germany) and French code law (France and Spain). Findings The impact of national and international authorities is found to be strongest in French code law countries. In addition, the influence of international authorities is stronger for corporations with higher shares of international sales. For both national and international authorities, the degree of internationalization is found to moderate the influence of the legal system on corporate sustainability practices. Practical implications The legal system in place influences the relative effectiveness of national and international authorities over company sustainability practices and needs to be taken into account in policymaking. To be effective, international authorities need to work with or substitute for national authorities in promoting corporate sustainability practices in countries depending on their legal systems. Originality/value This research applies and quantitatively tests La Porta’s (1998) framework on legal systems in the new context of corporate sustainability.

scholarly journals Regulatory Limits to Corporate Sustainability: How Climate Change Law and Energy Reforms in Mexico May Impair Sustainability Practices in Mexican Firms

2018 ◽  
Author(s):  
Antonio Lloret ◽  
Rogerio Domenge ◽  
Mildred Castro-Hernández
Keyword(s):  
Climate Change ◽  
Institutional Design ◽  
Corporate Sustainability ◽  
Ghg Emissions ◽  
Unintended Consequences ◽  
Business Outcomes ◽  
Effi Ciency ◽  
Sustainability Practices ◽  
Will Force ◽  
The Impact

This paper challenges the assumption that “state-of-the-art” regulation aimed at curbing greenhouse gas emissions (GHG) by firms is the panacea that will force firms to face the impact of climate change and create conditions that promote sustainable corporations. We argue that, in fact, such regulation, when improperly implemented, may impair sustainability practices because it creates unintended consequences. This paper tackles the design and efficiency of the institutional framework chosen through the lenses of the analytical themes of fit, scale and interplay. Then, we model a systems dynamic approach to represent how public policy in the arenas of energy effi-ciency and GHG emissions reduction may interplay with competitive business outcomes and cor-porate sustainability schemes. We found, as a result of the institutional design chosen, that the sys-tem is dominated by negative feedback processes resulting in inefficient outcomes that would be better tackled by firms not being subject to the restrictions imposed by the new laws.

Sign in / Sign up

Export Citation Format

Share Document