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The imperative of embedding sustainability in business: A model for transformational sustainable development

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posted on 2022-08-19, 16:29 authored by Hana Trollman, James Colwill

 Sustainable development is the current strategic trajectory with transformative intent for complex global challenges including eradication of poverty, full social inclusion and prevention of ecological collapse. However, discourses related to the private sector emphasise economic and social development over the environmental components of sustainable development. Embedding sustainability is the related management imperative for business, supported by numerous frameworks, yet there is confusion about implementation in both literature and practice. This research addresses these issues with a mixed methods study combining a scoping literature review with a qualitative e-Delphi study. The main findings are that the economic system constrains the embedding of sustainability in business; and that a paradigm shift towards ecocentric business models lacks support. The results are used to develop a novel model to aid transformational sustainable development that acknowledges the influences of the economic system in business whilst respecting social and ecological embeddedness. 

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Citation

Trollman H, Colwill J. The imperative of embedding sustainability in business: A model for transformational sustainable development. Sustainable Development. 2021;29:974–986. https://doi.org/10.1002/sd.2188

Author affiliation

School of Business

Version

  • VoR (Version of Record)

Published in

Sustainable Development

Volume

29

Issue

5

Pagination

974 - 986

Publisher

Wiley

issn

0968-0802

eissn

1099-1719

Acceptance date

2021-03-17

Copyright date

2021

Available date

2022-08-19

Language

en

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