Factors Affecting Corporate Sustainable Development: The Case of Indian Cement Sector

Think India ◽  
2018 ◽  
Vol 21 (1) ◽  
pp. 32-40
Author(s):  
Mihir Dash

The increased awareness of contemporary consumers towards environmental issues has led to a proliferation of regulations that companies must comply with. In such a dynamic business environment, companies must look beyond the profit-maximisation paradigm, and move towards a sustainable development model for their survival in the long run. The concept of corporate sustainable development (CSD) encompasses the dimensions of environmental integrity, social equity, and economic prosperity. The present study analyses the extent of CSD and its driving factors in the Indian cement industry. The study finds that CSD has been increasing in importance in the Indian cement sector, in terms of increased emphasis on environmental integrity and on economic prosperity. However, there is no significant change in emphasis on social equity, particularly in large companies, though profitability does not play much of a role. The study also finds that media exposure related to environmental issues and liquidity was the significant determinant of CSD in the Indian cement sector. Each CSD dimension was found to have distinct determinants: environmental integrity was determined by incurrence of fines/penalties/court cases; economic prosperity by media attention and liquidity; and social equity by diversity of exposure, media attention, and capital intensity.

2019 ◽  
Vol 10 (4) ◽  
pp. 58
Author(s):  
Katarzyna Szymczyk

The article discusses issues related to the evolution of the concept of strategic management towards sustainable strategic management. In the literature, the idea of strategic management refers basically to the functioning of the organization and its activity in the economy. Currently, there is also an emphasis put on integrating environmental issues into the organization’s activities and taking care of the interests of the society, so the strategic management should combine economic aspects with ecological and social care in mind of future generations. A change of an approach from strategic management to sustainable strategic management assumes implementation of management strategies that will protect natural resources, reduce the harmful activity of enterprises on the environment and take care of current and future populations. Just as the business environment and the perception of environmental interests change, so the strategic management itself does, as a concept itself and as a guideline for the business’ functioning. Organizations following the idea of sustainable development, based on environmentally and socially friendly strategies, and aware of the consequences of their actions, here and now, are considered more productive and attractive, as well as stronger and more competitive. The evolution of general assumptions and approaches of strategic management changing within years towards the concept of sustainable strategic management enriched with the crucial environmental issues are discussed in this paper.


2021 ◽  
Vol 4 (2) ◽  
pp. 18-29

Over recent years, there has been a focus in corporate activity upon the concept of sustainability reporting. Sustainability reporting has gained importance by Indian companies and corporates have adopted sustainability reporting practices since few years. Sustainability reporting of an organisations provides information about discharge of social reasonability and level of sensitivity of organisations towards social and environmental issues. Though sustainability reporting is not compulsory in the country many companies are reporting their initiatives in the direction of sustainable development. This paper attempt to evaluate sustainability reporting by leading Cement Manufacturing companies. This paper describes reporting pattern of cement industry in India.


2021 ◽  
Vol 15 ◽  
pp. 72-76
Author(s):  
Raja Kočanova ◽  
Ineta Geipele ◽  
Kārlis Ketners

The rationale of the study is connected with the fact that society has increasingly begun to discuss its responsibility to the generation to come. Without economic aspects, social and environmental issues have become increasingly apparent because there is more and more relevant question whether the natural system will be able to withstand the increasing loading associated with human activities. In Latvia there have been made attempts to promote the principle of sustainable development, its adoption and implementation. On the basis of the above stated rationale of the subject, the objective of the study is to estimate the big Latvian energy companies’ compliance with the principles of sustainable development. The reduction of energy sources and their capacity, greenhouse gas emission caused by energy production, and features of the energy market put forward branch enterprises in front of the principle of sustainable development and the idea of its implementation. To determine the big Latvian energy companies’ contribution to sustainable development, in the survey of representatives of the business environment there have been included questions about the big Latvian energy companies’ compliance with the principles of sustainable development. In the research paper there have been used the statistical analysis of data and the processing method.


2021 ◽  
Vol 12 (2) ◽  
pp. 74-89
Author(s):  
Wendel H. BAUMGARTNER ◽  

The present research paper aims to analyze the spatial results of the expansion that Brazilian Federal Universities Network have presented between 2003 and 2018, looking forward the impacts and possibilities towards the achievement of urban and regional sustainable development. In economically obsolete or marginalized areas or in those with strong industrial dynamism or agribusiness production, these new campuses also can be understood as vehicles to promote economic security/growth, social equity and assure environmental integrity. Focusing in two empirical studies, based in qualitative and quantitative methodologies, besides the theoretical approach, in cities and regions of Bahia state which received two new universities, we present the economic contribution of the new campuses, the challenges and strategies to socially develop places with high amount of vulnerable population, and the environmental potentialities to build green campus, understood as a nature-based solution, and to implement the Sustainable Developing Goals.


2015 ◽  
Vol 42 (2) ◽  
pp. 245-252 ◽  
Author(s):  
P. G. Moore

The coverage of natural history in British newspapers has evolved from a “Nature notes” format – usually a regular column submitted by a local amateur naturalist – to professional, larger-format, presentations by dedicated environmental correspondents. Not all such environmental correspondents, however, have natural-history expertise or even a scientific background. Yorkshire's Michael Clegg was a man who had a life-long love of nature wedded to a desire to communicate that passion. He moved from a secure position in the museum world (with a journalistic sideline) to become a freelance newspaper journalist and (subsequently) commentator on radio and television dealing with, and campaigning on, environmental issues full-time. As such, he exemplified the transition in how natural history coverage in the media evolved in the final decades of the twentieth century reflecting modern concerns about biodiversity, conservation, pollution and sustainable development.


2017 ◽  
Vol 2 (2) ◽  
pp. 147-154
Author(s):  
Julian Aristo

Enterprise Resource Planning (ERP) systems have become vital strategic tools in today’s competitive business environment. Implementation of ERP systems is a highly complex process which is influenced not only by technical, but also by other factors. The purpose of this research to find out factors influencing the success of ERP implementations in companies in Jabodetabek. In this research three factors of success implementation ERP were selected on the bases of previous research that includes top management support, project management and user involvement. The results indicate that top management support and project management are key factors affecting the success of ERP implementations, while user involvement does not affect the success of ERP implementations. Top management support, project management and user involvement affect the success rate of 72.7% of ERP implementations. While the rest equal to 27.3% influenced by other variables not included in this research model. Keywords: Enterprise Resource Planning, Top management support, project management, user involvement


2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Dr Pradeep Mamgain

Tourism as an industry has evolved as one of the largest and lucrative industry in Indian economy. It is regarded as one of the most effective instrument for national integration and harmony. Thus, leading towards social transformation and upliftment of the rural poor. The success of the tourism sector is highly influenced by the supporting industries such as hotels, transportation, communication, banking and so on. Sustainable tourism takes full account of its current and future economic, social and environmental impacts, addressing the needs of visitors, industry, environment and host communities. Importance of sustainable tourism is immense for poverty reduction, the protection of environment and preservation of cultural heritage. Various stakeholders of sustainable tourism in Uttarakhand call for increase in productivity and efficiency of existing land, water, flora and fauna resources in a planned manner without jeopardizing their future use. This paper primarily aims to enhance a common understanding and commitment about Sustainable Tourism, and to demonstrate how it is a vehicle to foster economic and social growth, through the achievement of development imperatives, while minimizing negative social, cultural and environmental impacts in the state of Uttarakhand. The conceptual paper comes to note that all of us have our own role to play in ensuring tourism as a catalyst for sustainable development.


Author(s):  
Amit Kishore Sinha ◽  
Gyanendra B. S. Johri ◽  
Shanti Rai

Since last two decades buying of goods and services from online stores using Internet started off. But players of this industry could reach to the general public residing in second and third category Indian cities in recent past only. Now companies are eagerly interested in understanding the factors affecting Indian consumers so that their needs and wants can be understood and served profitably. This research paper is an attempt to critically evaluate those factors which affect consumer buying behavior in Indian Internet based business environment. For the purpose of coverage of topic researcher has classified the literature under three categories which are Literature related to vendor related factors, Literature related to consumer related factors and Literature related to other factors. Vendor related factors include those factors which are primarily controlled by the companies that are engaged in selling their goods and services on internet along with their intermediaries through which such sales take place. Consumer related factors have been bifurcated under two heading that are consumer demographic factors and consumer psychographic factors. Besides this there are several other factors which may affect consumer’s buying decisions and they are classified as other factors. This research paper also tries to identify the gaps (if any) in the available literature of the factors affecting consumer online buying decisions.


2021 ◽  
Vol 13 (3) ◽  
pp. 1333
Author(s):  
Xiantong Zhao ◽  
Hongbiao Yin ◽  
Chenyang Fang ◽  
Xu Liu

Early career academics are the key agents for the sustainable development of higher education institutions. In China, those who were educated overseas and have returned to Chinese universities to seek academic positions are becoming a fast-growing group. Good research performance is critical to survive in the increasingly competitive environment in academia. Improving research performance requires an understanding of the factors that facilitate or inhibit research performance. In the light of Bronfenbrenner’s ecological systems theory, this study, using a mixed-method design (20 interviewees and 136 respondents), elaborates on a number of external factors affecting returned early career academics’ research performance. Understanding these factors is helpful for the building of a favorable environment that can improve the research performance of the returned early career academics, and hence the sustainable development of universities.


Land ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 316
Author(s):  
Yingchao Li ◽  
Zhiyuan Fan ◽  
Guanghui Jiang ◽  
Zhuo Quan

The development of green agriculture is an effective way to realize the sustainable development of agriculture, which is of great significance for guaranteeing national food security, improving the supply ability of agricultural products, promoting the healthy development of cultivated land, and realizing green development. Since the 18th National Congress of the Communist Party of China, China has proposed the establishment of a green-development-oriented agricultural support system, which intends to reverse the worsening of the agricultural ecological environment; however, in 2019, the input of agricultural chemical fertilizer still exceeded the international limit of the safe application of chemical fertilizer. In recent years, agriculture has surpassed industry to become the largest non-point source pollution industry in China, seriously affecting the rural ecological civilization construction and the advancement of green sustainable development coordinated. To analyze the key factors affecting the development of green agriculture, in this study, logistic binary regression analysis was used to measure the main factors affecting farmers’ green agricultural production willingness and green agricultural production behavior. The results show that a farmer’s age, land type, compensation for land transfer, technical service organization, related training, and economic and technological subsidies had significant effects on their green agricultural production willingness. The age of farmers, number of staff, risk of green agricultural production technology, technical service organization, and economic and technological subsidies were shown to have significant effects on the green agricultural production behavior of farmers, where the different factors influenced the behavior to different degrees. Based on the above findings, it is suggested that the Chinese government should help farmers to carry out agricultural green transformation through technical training, policy popularization, economic subsidies, and educational support.


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