Twenty years of the GlobeScan-SustainAbility Leaders Survey

Grayson, David; Coulter, Chris; Lee, Mark

doi:10.4324/9781351001205-2

Cited by 2 publications

(8 citation statements)

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“…Studying Australia, an Anglo-American country and Japan, an Asian country, provides deeper insights into the influence of the SDGs on corporate purposes in different institutional settings. The broader corporate purpose was not limited to a statement titled "purpose" but included other strategic documents, such as mission and vision, explaining the corporate purpose or a company's reason for existence (Gartenberg et al, 2019;Grayson et al, 2018).…”

Section: Methodsmentioning

confidence: 99%

“…Corporate purpose questions the foundation of the company, that is, "why" it exists (Collins and Porras, 1994;Grayson et al, 2018). Although discussions of corporate purpose emerged in the early to mid-20th century, it was largely undermined in management studies dominated by the principal-agency theory and strategy research in the 1980s and 1990s (Gartenberg, 2022).…”

Section: Sustainable Development Goals and Corporate Purposementioning

confidence: 99%

“…For example, Almandoz (2023, p.2) proposes that the SDGs can influence companies to adopt broader corporate when companies adopt "outside-in" perspectives and seek legitimacy in society. The SDGs are also useful to guide companies to develop sustainability plans according to broader corporate purpose (Grayson et al, 2018). However, there are scant empirical studies that investigate the relationship between the SDGs and corporate purpose, and no theory that explains the relationship.…”

Section: Analytical Frameworkmentioning

confidence: 99%

“…The internal drivers are "rooted in the inspirational convictions and commitments of organizational leaders" (Almandoz, 2023;George et al, 2023, p.8). It often starts with the visionary founders and continues within the organizations beyond their lifespans (George et al, 2023;Grayson et al, 2018). Another internal driver is the employees.…”

Section: Analytical Frameworkmentioning

confidence: 99%

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The influence of the sustainable development goals on large companies’ adoption and implementation of a broader corporate purpose

Sasaki,

Stubbs,

Farrelly

2023

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Purpose This paper aims to understand whether, and if so how, the United Nations’ Sustainable Development Goals (SDGs) influence large companies’ adoption and implementation of a broader corporate purpose, beyond profit maximization. Design/methodology/approach Adopting a multiple-case study method, data were collected from semi-structured interviews with 28 managers from 16 large companies in Australia and Japan, and from secondary sources. Grounded theory methods were used to analyze the data and draw out key findings. Findings The study revealed the influence of the SDGs on corporate purpose depends on the SDG integration level: where and how the SDGs are integrated into management practices. The influence was more significant when the companies implemented the SDGs at a normative level compared to those implementing the SDGs at a strategic and/or operational level. Research limitations/implications Due to the exploratory nature of the study, the sample size is limited and covers only companies in two countries. Future studies could examine the validity of the findings and the explanatory model by testing with a larger sample and expanding the scope into different countries. The study provides practical implications on how large companies’ could scale up their contributions to achieving the SDGs. Originality/value While the extant literature suggests a simple relationship between sustainability (the SDGs) and corporate purpose, this paper identified a more complex relationship. It presents in a multi-pathway model that explains the relationship, based on empirical evidence from 16 large companies in two different institutional contexts.

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Section: Methodsmentioning

confidence: 99%

Section: Sustainable Development Goals and Corporate Purposementioning

confidence: 99%

Section: Analytical Frameworkmentioning

confidence: 99%

Section: Analytical Frameworkmentioning

confidence: 99%

See 2 more Smart Citations

The influence of the sustainable development goals on large companies’ adoption and implementation of a broader corporate purpose

Sasaki,

Stubbs,

Farrelly

2023

View full text Add to dashboard Cite

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“…Corporate purpose is regarded as a core component of a mission statement (Campbell & Yeung, 1991; David, 1989; Mirvis et al, 2010). Corporate purpose, mission and vision are used interchangeably among researchers and practitioners (including companies themselves) (Gartenberg et al, 2019; Grayson et al, 2018; Khalifa, 2012; Levillain & Segrestin, 2019; Sidibe, 2020). After identifying the statements describing the corporate purpose, we classified the characteristics of purpose into two groups: economic purpose primarily focusing on financial benefits for shareholders; and broader purpose targeting at least one non‐shareholder stakeholder group.…”

Section: Methodsmentioning

confidence: 99%

The relationship between corporate purpose and the sustainable development goals in large Japanese companies

Sasaki

Stubbs

Farrelly

2023

Corp Soc Responsibility Env

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Society increasingly expects large companies to broaden their corporate purpose beyond profit maximization, and play a greater role in addressing the United Nations sustainable development goals (SDGs). This article poses the research question: What is the relationship between corporate purpose and the SDGs?, and develops a model to explain this relationship drawing upon semistructured interviews with managers of Fortune Global 500 companies in Japan. The findings suggest two perspectives of corporate purpose, goal‐based and duty‐based, influence the relationship. Two‐thirds of the companies implemented both perspectives and integrated the SDGs at multiple levels in their organizations whereas one‐third only implemented duty‐based purpose and integrated the SDGs at the operational level. The paper contributes to theorizing the relationship between corporate purpose and corporate engagement with the SDGs drawing upon empirical evidence. The model provides guidance to managers on how to use the purpose to help drive their contributions to the SDGs.

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Twenty years of the GlobeScan-SustainAbility Leaders Survey

Cited by 2 publications

References 0 publications

The influence of the sustainable development goals on large companies’ adoption and implementation of a broader corporate purpose

The influence of the sustainable development goals on large companies’ adoption and implementation of a broader corporate purpose

The relationship between corporate purpose and the sustainable development goals in large Japanese companies

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