Unit 4: Sustainability

It is beyond a reasonable doubt that the context in which organizations exist has changed. Trends such as climate change, globalization, demographic change and social inequality have created a significant challenge to the traditional business model with its focus on shareholder value. The corporate scandals have led to a loss of trust in business, and companies are facing pressures from governments, consumers, employees and investors to demonstrate that they are adopting ethical and sustainable business practices. This unit aims at summarizing issues and debates about sustainability.

Required Reading:

Crowther, D., & Aras, G.(2008), Corporate Social Responsibility. Ventus Publishing ApS (Chapter: 4)