Sustainability Commitment In Saudi Arabia And Need For Educational Reforms For The Jobs Of The Future

Abstract

Saudi Arabia is an important country among the Middle Eastern nations and a pivotal one because of its key position in international petroleum production. Sustainable practices are becoming prominent considerations among public and private sector Saudi Arabian business enterprises. Secondary and primary data pertaining to sustainability and carbon management practices in Saudi Arabia and its business enterprises were analyzed in this study. Saudi Arabian government has been serious in tackling the environmental problems. Primary data revealed private sector managers were better prepared and eager to deal with sustainability and carbon management problems compared to public sector enterprises. Surveyed Saudi managers reported hope that their employers would start rewarding positive sustainability actions and focus on educating managers about carbon management practices. There is a need to reform the educational system to prepare future managers who are ready to implement sustainability policies in their organizations. The findings of this project can assist Saudi Arabian policymakers and leadership of public and private sector universities to restructure the higher education sector to prepare students for the jobs of the future and help Saudi Arabia in pursuing sustainability goals.

Sustainability and accounting education: perspectives of undergraduate accounting students in Saudi Arabia

“…Alshuwaikhat et al (2016) aimed to assess sustainability practices in higher education institutions in Saudi Arabia through surveying the administrators of these institutions regarding the extent to which the concept of sustainability is integrated into teaching, research and scholarships, campus operations, community service and financial management. Hashmi et al (2015) aimed to analyze sustainability practices, especially in carbon management in Saudi Arabia, by comparing managers' willingness and eagerness to deal with carbon management problems in private sector companies and public sector institutions. The second reason, as Heinzelmann (2016) point out, since the accounting education differ between countries, there might also be differences in the extent to which sustainability issues are covered in the educational contexts in different countries.…”

Impact of Institutional Pressure on Cleaner Production and Sustainable Firm Performance

“…Later, employee behavior, product and market leadership, and public responsibility are included in the list [86]. Firms typically utilize traditional financial ratios to gauge their performance, which is not potent for measuring growth and sustainable performance in the long run [87,88], as many have reported these financial ratios as short-term [89,90]. These financial ratios may need to spot the bigger picture.…”

Future trends and guidance for the triple bottom line and sustainability: a data driven bibliometric analysis

“…5. Few TBL articles discussed the economic aspect to address sustainability during the initial stage, but a growth trend is observed, as increasingly more large businesses began to consider their sustainability initiatives in association with economic performance more seriously (Hashmi et al 2014). Carter and Rogers (2008) demonstrated that firms that attempt to simultaneously maximize their performance across the three aspects of the TBL will outperform firms that attempt to achieve high levels of social and environmental performance without explicitly considering economic performance.…”