TRANSFORMATION OF THE INTERNAL AUDIT IS AN EFFECTIVE WAY TO INCREASE THE CONTRIBUTION TO THE SUSTAINABLE DEVELOPMENT OF A BUSINESS ENTITY

2021 ◽  
Vol 2 (2) ◽  
pp. 114-119
Author(s):  
PHAN THI THANH QUYEN ◽  

The role of internal audit in ensuring sustainable development of economic entities is indisputable. How-ever, the biggest challenge faced by internal auditors is how the level of their contribution can truly be weighed against the ability and role recognized by society, especially as most economic actors move from a traditional business model to a sustainable business model. The article highlights the main approaches to the transfor-mation of internal audit in order to make it an integral part of the corporate governance structure and make a significant contribution to sustainable development.

Author(s):  
Vasja Roblek ◽  
Ivan Erenda ◽  
Maja Meško

The purpose of the chapter is to find out the meaning of the sustainable development in the post-industrial society in the first half of the 21st century. The financial crisis that started in 2008 is an indicator of how short-term profitability mindsets and related strategies, policies and actions of individuals and individual organizations can cause global economic, ecological and ethical crises. These events have contributed to the judgement that most organizations operate on business models that are not sustainable. The conceptual content contributes to the ongoing discussion about the increasingly important role of sustainable development as a major concern for the profit and non-profit sector that wish to develop the policies that will enable low but sustainable growth of society.


Author(s):  
Job Taminiau ◽  
Joseph Nyangon ◽  
Ariella Shez Lewis ◽  
John Byrne

Establishing a sustainable energy future can justifiably be considered the next frontier in global sustainable development under the agenda laid out in the Sustainable Development Goals (SDGs). The newly adopted Paris Agreement which seeks to hold global average temperature increase to “well below 2°C” above pre-industrial levels inserts additional urgency into this agenda. To realize the commitments outlined in the agreement, implementation of innovative sustainable business models capable of producing strong mitigation and adaptation outcomes is required ‘on the ground' and needs to be available for subsequent diffusion across different countries, contexts and domains. This chapter explores the value of polycentric climate change governance through an investigation of sustainable business model innovation. An example of a sustainable business model, called the Sustainable Energy Utility (SEU), is evaluated and an assessment of United Nations-based programming to aid future diffusion of such business models is conducted.


2017 ◽  
Vol 12 (3) ◽  
pp. 159-170 ◽  
Author(s):  
Nancy Diana Panța

Abstract Today’s society faces major challenges in meeting future global food demands and solving biodiversity loss, and it quickly needs to find ways in addressing these issues. The places to look for solutions come from the economic sectors that employ the most powerful pressure on these issues such as agriculture. Apiculture, as a branch of agriculture is being more and more recognized as sustaining human life and contributing to sustainability. However, the sector records a progressive decline of honey bees. Therefore, a rapid restructuring needs to take place in agricultural markets, in general, as well as in apiary agribusinesses. Although important, technological progress is insufficient in providing the necessary changes to achieve long-term economic, social and environmental sustainability, which should be considered both within and between generations. Consequently, sustainable business models encourage sustainable development through a triple bottom line approach and provide an analytical tool for firms into assessing the different aspects that are combined in order to create value. Since literature has paid little attention to the sustainable development in the apiary agribusiness, the present paper aims to link the two using a business model perspective and bring arguments in favor of moving to a sustainable business model.


2021 ◽  
Vol 16 (1) ◽  
pp. 201-207
Author(s):  
Purnima Lenka ◽  
◽  
Sarita Kar

Sustainable development is one of the major concerns of present time mainly because of the rapid proliferation of business organizations. In order to develop economically, business organizations excessively use and misuse natural resources that directly causes harm to environment and society. Besides, there are some other causes also responsible for the environmental deterioration these include population explosion, enormous industrialization and lots of anthropogenic activities. The present paper tries to bring in the cognizant how business organization unknowingly leads to environmental problems and juxtaposes economic development and environmental issues. On saying this, it precisely indicates that both economic growth and sustainable environment are equally required for our society but not at the cost of one another. At this point, it is argued that only by contemplating and by engaging ethical leaders the business organisations could be able to maintain the balance between plant, people and profit. In continuation with this, the present research would engage two significant questions: firstly, what does sustainable development mean and why it is predominantly needed for the present society? Secondly, what are the expected roles of ethical leaders in maintaining the sustainable development in an organisation?


Author(s):  
Julia Dobreva

This chapter aims to focus on the role of innovations for achieving sustainable development of Bulgarian enterprises. Following an analysis of the Bulgarian economy, the chapter explores a model for transforming businesses towards sustainability through innovations in production processes. The socioeconomic and environmental implications are considered in terms of defining the major outcomes of implementing sustainable business practices in Bulgaria. A comparison is made with the sustainable development levels in some EU countries to serve as a basis for identifying and further elaborating the main political and economic targets for Bulgaria.


2020 ◽  
pp. 2122-2141
Author(s):  
Job Taminiau ◽  
Joseph Nyangon ◽  
Ariella Shez Lewis ◽  
John Byrne

Establishing a sustainable energy future can justifiably be considered the next frontier in global sustainable development under the agenda laid out in the Sustainable Development Goals (SDGs). The newly adopted Paris Agreement which seeks to hold global average temperature increase to “well below 2°C” above pre-industrial levels inserts additional urgency into this agenda. To realize the commitments outlined in the agreement, implementation of innovative sustainable business models capable of producing strong mitigation and adaptation outcomes is required ‘on the ground' and needs to be available for subsequent diffusion across different countries, contexts and domains. This chapter explores the value of polycentric climate change governance through an investigation of sustainable business model innovation. An example of a sustainable business model, called the Sustainable Energy Utility (SEU), is evaluated and an assessment of United Nations-based programming to aid future diffusion of such business models is conducted.


2020 ◽  
pp. 1245-1266
Author(s):  
Julia Dobreva

This chapter aims to focus on the role of innovations for achieving sustainable development of Bulgarian enterprises. Following an analysis of the Bulgarian economy, the chapter explores a model for transforming businesses towards sustainability through innovations in production processes. The socioeconomic and environmental implications are considered in terms of defining the major outcomes of implementing sustainable business practices in Bulgaria. A comparison is made with the sustainable development levels in some EU countries to serve as a basis for identifying and further elaborating the main political and economic targets for Bulgaria.


2021 ◽  
Vol 16 (6) ◽  
pp. 42
Author(s):  
Faris Al Qadi ◽  
Mohammed Al Haija

The aim of this study is to identify the role of the internal auditors in achieving the social responsibility of the commercial banks operating in Jordan as a result of its affectivity on the sustainable development of the society. The descriptive statistics were used to describe and respond to the two study samples, the ANOVA test and the T-test were used as well at the significance level (0.05) to examine the hypothesis of the study. This study found out that the internal auditors are doing well in verifying the integrity of commercial practices in Jordan regarding the human rights and business behavior on one hand, and don’t leave a finger with regard to the safety of environmental and social practices on the other hand. One of the important study recommendations is the necessity of urging the internal auditors to play a pivotal role in monitoring commercial banks related to environment and social relationships by holding training courses and programs in addition to conducting further studies on social responsibility and sustainable development.


2020 ◽  
pp. 1943-1962
Author(s):  
Job Taminiau ◽  
Joseph Nyangon ◽  
Ariella Shez Lewis ◽  
John Byrne

Establishing a sustainable energy future can justifiably be considered the next frontier in global sustainable development under the agenda laid out in the Sustainable Development Goals (SDGs). The newly adopted Paris Agreement which seeks to hold global average temperature increase to “well below 2°C” above pre-industrial levels inserts additional urgency into this agenda. To realize the commitments outlined in the agreement, implementation of innovative sustainable business models capable of producing strong mitigation and adaptation outcomes is required ‘on the ground' and needs to be available for subsequent diffusion across different countries, contexts and domains. This chapter explores the value of polycentric climate change governance through an investigation of sustainable business model innovation. An example of a sustainable business model, called the Sustainable Energy Utility (SEU), is evaluated and an assessment of United Nations-based programming to aid future diffusion of such business models is conducted.


Author(s):  
Aliya Kassymbek ◽  
Lazzat Zhazylbek ◽  
Zhanel Sailibayeva ◽  
Kairatbek Shadiyev ◽  
Yermek Buribayev

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