2011
DOI: 10.22495/cocv8i4c3art4
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Sustainable development in companies: Theoretical dream or implementable reality?

Abstract: The 21st century company faces a range of multi-faceted and complex challenges as part of the daily functioning. In addition, there are increasing pressure and demands from stakeholders and society towards Sustainable Development (SD). Although SD is not a new concept it is clear that there are numerous interpretations at a both a theoretical and practical level regarding the implementation. The author uses a triple-bottom line approach where the economic, social and environmental dimensions are regarded as eq… Show more

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Cited by 24 publications
(13 citation statements)
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“…Before the recent gain in momentum for the implementation of the CE, organizations including PSOs demonstrated growing interest in engaging in sustainability activities [30]. The concept of sustainability was judged as vague and lacking clear implementation methodologies, and thus has seen a loss of momentum in recent years [31]. Moreover, the relationship between sustainability and CE has not been clearly defined in the research [32].…”
Section: Organizational Sustainability Perspective Of Psosmentioning
confidence: 99%
“…Before the recent gain in momentum for the implementation of the CE, organizations including PSOs demonstrated growing interest in engaging in sustainability activities [30]. The concept of sustainability was judged as vague and lacking clear implementation methodologies, and thus has seen a loss of momentum in recent years [31]. Moreover, the relationship between sustainability and CE has not been clearly defined in the research [32].…”
Section: Organizational Sustainability Perspective Of Psosmentioning
confidence: 99%
“…"Entity's vision and mission" was the strategic area where entities most admitted to having integrated CE (15.8%). Considering how sustainable development operationalization is best achieved through CE practices [7,9] and, according to Naudé [26], only when companies align sustainable development with business vision and strategy can it be successfully implemented, our results suggest that entities from the studied regions are on track to achieve sustainable development. The second most quoted strategic area was "environmental policy or environmental management system" (14.7%).…”
Section: Descriptive Analysismentioning
confidence: 89%
“…Meanwhile, UNEP defines CE as a concept which uses a green economy approach that aims to reduce the carbon economy [1]. On the other hand, [27] stated that CE is only 'a theoretical discourse in a dream', since it is very difficult to implement in the real world. In the future, managers will be faced with the challenge to improve practical and realistic implementation of sustainable development in the business context that is constantly changing.…”
Section: Circular Economymentioning
confidence: 99%