A significant positive association was furthermore reported between the race diversity of nomination committees and the appointment of new directors of colour. The purpose of this paper is to develop a theoretical model to explain the impact of big data and predictive analytics (BDPA) on sustainable business development goal of the organization. But deeper and more global causes of poverty are often less discussed. The three pillars of sustainability (Fifka and Drabble, 2012), triple bottom line (Norman and MacDonald, 2004) or triple P framework. The results of this study are consistent with the proposition that institutional pressures, rather than strategic analysis of social issues and stakeholders, are guiding decision-making with respect to CSR. Purpose We show through an example that MPE could, in fact, lead to the reverse phenomenon of underexploitation of the resource. What is the relationship of global and local (country-specific) corporate social responsibility (CSR) to international organizational strategy? Originality/value â The methodology of life cycle assessment (LCA) provides the main starting-point for global sustainability reporting including the emerging future trends in this context. Read “Rio+20 UN Conference on Sustainable Development” to learn more. This study makes some original contribution to the operations and supply chain management literature. Exports-performance relationship in Russian manufacturing companies: Does foreign ownership play an enhancing role? The findings indicate the appropriateness of the model in addressing the two significant global influences and highlight the critical issues in its implementation. One hundred and seventeen eligible respondents from various public organizations in Bhutan responded to the online survey questionnaires. Social implications Minimizing impacts will require decades to design specialized fish passage facilities, dam operations, and artificial production, and is complicated by the Mekong's high diversity and productivity. The role of the government in championing strategic decisions in the management of these resources to spur social and economic growth is of critical importance. Bookmark or share this with others using some popular social bookmarking web sites: Copy/paste the following HTML code to your page: Anup Shah, Sustainable Development, Global Issues, Updated: September 28, 2014. The framework includes reactive and proactive predictors of CSR actions and policies and the outcomes of such actions and policies, which they classify as primarily affecting internal (i.e., internal outcomes) or external (i.e., external outcomes) stakeholders. Purpose This article applies open foresight to the public realm by presenting a process framework and outlining propositions for further research. Research limitations/implications The authors gathered 205 responses using survey-based instrument for PLS-SEM. Read “Trade, Economy, & Related Issues” to learn more. da poluiÃ§Ã£o, a ProduÃ§Ã£o Mais Limpa (PML), para o aumento da eficiÃªncia no uso de Such causes of poverty and inequality are no doubt real. Is it enough to blame poor people for their own predicament? We call this adaptive governance where governance can be defined as a flexible system of action incorporating strategic and monitoring activities that determines the way a company enacts its responsibilities to its shareholders and stakeholders and which is determined at any given time by the interrelationship of institutional drivers and behavioural norms. We follow this call and suggest a new direction to be taken in public management concerning sustainability and investigate âpublic open foresightâ: an inter-organizational discussion and analysis process of public sector organizations regarding future developments. This has led to concerns that the outcome document will be weakened. Part 2 of this year’s Global Monitoring Report analyses major demographic shifts that will shape economic growth and development for decades to come. Coal. Purpose A strategic model of human resource management is proposed as a framework to support sustainable adaptation to the disruptive and dynamic challenges in the business context related to environmental sustainability. The framework and diagnostic questions will help guide decision makers through the process of building sustainability into their core business infrastructure. understanding failures in water supply systems in large cities in developing countries. Common criticisms, for many years, of foreign aid, have included the following: This article explores who has benefited most from this aid, the recipients or the donors. It is concluded that the water development and related management practices in the Mekong are at the crossroads methodologically and, even more importantly, politically. However, not many studies combine and connect the key concepts of global challenges, SD, CSR, CG and sustainability, all together to address the important role of business organizations. There are changes on almost all accounts, including striking any mention of the Millennium Development Goals, that aim for example, to halve poverty and world hunger by 2015. To meet the challenge of the changing world, a 12-point management model is proposed, together with a comprehensive rating system employed to analyse progress and benchmark competitive performance.Findings â Corporate governance cannot be left to chance in the business climate of the twenty-first century. The UN Global Compact is committed to be a leading catalyst of that transformation. CSR is a key concept that attempts to. The framework is supported by a detailed set of diagnostic questions to help guide the process. Only government shareholders positively and significantly relate to a firm's environmental performance. This is the first study proving the existence of melamine in milk powder and infant formula exported to the African market. One of the latest sustainability drives that aim to address the environmental challenges facing the world today is biomimicry. Without proper decision chains, natural gas resources paradoxically may undermine development. Public trust has been lost and boards will need to be seen to be in control not only of the present but also of the future. Climate change also requires urgent and decisive action. The recent WTO ruling in China-Raw Materials has only solidified the latter extreme. The adoption of the Sustainable Development Goals (SDGs) in 2016 by the global community marked a radical shift in direction from the previous Millennium Development Goals (MDGs) .While the MDGs reflected an economical list of relatively narrow targets that addressed low and middle income … To rectify these problems, the article proposes integrating all stand-alone export concessions into GATT schedules, which would provide the acceding Members with the policy space and flexibility available under the GATT. Operations sustainability maturity model: preliminary findings of financial services in developing and developed countries. Global power capacity by source in the Stated Policies Scenario. It contains 17 Sustainable Development Goals (SDGs) with Applying the strategic logic of the Bartlett and Ghoshal typology to the realm of CSR, multinational firms should respond to pressures for integration and responsiveness from salient stakeholders. Sustainable Development is often an over-used word, but goes to the heart of tackling a number of inter-related global issues such as poverty, inequality, hunger and environmental degradation. Research limitations/implications: The paper has implications in enhancing the understanding of the necessary components of corporate governance, although it is necessarily limited by the size of the sample. NGOs are non-profit organizations filling the gap where governments will not, or cannot function. When I ask why the poor have no food, they call me a communist.” — Dom Hélder Câmara, Afghanistan's Historic Year: Peace Talks, Security Transition but Higher Levels of Violence, Kashmir's New Land Laws Could Impact Biodiversity, Reclaim Your Rights: Defend Indigenous Peoples Lands, https://www.globalissues.org/issue/367/sustainable-development, https://www.globalissues.org/print/issue/367, Rio+20 UN Conference on Sustainable Development, Non-governmental Organizations on Development Issues, Brain Drain of Workers from Poor to Rich Countries. The framework provides a systematic approach to corporate sustainability that has not been elaborated on in previous publications. Here we describe scenarios that limit end-of-century radiative forcing to 1.9 W m-2, and consequently restrict median warming in the year 2100 to below 1.5 °C. The tension over sustainable development can be stated as: Whether the focus should be on environmental conservation of living and nonliving resources or on enhancing economic growth and development Sustainable development has been defined as (select all that apply, there are one to four possible correct answers): Climate change is the most significant challenge to achieving sustainable development, and it threatens to drag millions of people into grinding poverty. Why is this? Despite the national import prohibition of Chinese milk products and unlabeled milk powder in Tanzania, 11% (22 of 200) of inspected microretailers sold milk powder on the local black market. ... with full human potential and sustainable development. Key wordsminingâmultinational corporationsâcorporate social responsibilityâlocal stakeholdersânot-for-profit organizationsâBarrickâTanzania. Recent studies have concluded that these developments will lead to flow alterations in the Mekong River. The theoretical background is rooted in the resource-based approach taking into account multinational companiesâ perspective and the specifics of emerging markets. It is argued that all three dimensions of sustainability- economic, environmental and social- must be integrated into all aspects of an organisation's strategy and need to be addressed on an ongoing basis. This article presents conclusions from a 10-year research program, the purpose of which has been to develop a framework and methodology, grounded in the reality of corporate behavior, for analyzing and evaluating corporate social performance. The study further displayed the extent of vulnerability of the communities within the Densu basin. Most of these corporate sustainability definitions proposed in sustainability-related literature are guided by the economic, social and environmental principles of sustainability (Millar et al., 2012). Evolution from the Millennium Development Goals to the Sustainable Development Goals. Governance systems and their interrelationships with CSR are demonstrated as fluid according to the national and institutional context, economic situation and industry impact. Read “Environmental Issues” to learn more. Even in recent years some of these criticisms still hold. Aiming for a sustainable future: conceptualizing public open foresight, Sustainable Business Growth: Exploring Operations Decision-Making, The role of nomination committees in diversifying boards in an emerging market context, A model for business responses to global challenges and sustainable development, Impact of big data & predictive analytics capability on supply chain sustainability, Sustainability in Organizations: Bhutanâs Perspective, Sustaining Sustainability in Organizations, The contribution of life cycle assessment to global sustainability reporting of organizations, An integrated management systems approach to corporate sustainability, Governance and Sustainability: An Investigation into the Relationship between Corporate Governance and Corporate Sustainability, Potential Effects of Dams on Migratory Fish in the Mekong River: Lessons from Salmon in the Fraser and Columbia Rivers, Melamine Milk Powder and Infant Formula Sold in East Africa, Impact of the Mekong River Flow Alteration on the Tonle Sap Flood Pulse, Corporate Social Responsibility in the Multinational Enterprise: Strategic and Institutional Approaches, An impasse grows in Thailand: Political instability stops construction at chemical plants worth billions of dollars, The quality of the sustainability reports of large international companies: An analysis, The Benefits of Sustainability-Driven Innovation, A general diagnostic model for organizational behavior: Applying a congruence perspective, The Business of Sustainability: What It Means to Managers Now, Corporate governance, corporate social responsibility and corporate performance, The Effects of Perceived CSR and Implemented CSR on Job-related Outcomes: An HR Perspective, Creating a better world: 15 Global challenges, The sustainability of corporate governance â considerations for a model, What We Know and Donât Know About Corporate Social Responsibility A Review and Research Agenda, Corporate Social Responsibility and Corporate Governance: Role of Context in International Settings, Strategic HRM as social design for environmental sustainability in organization, Reforming WTO Discipline on Export Duties: Sovereignty over Natural Resources, Economic Development and Environmental Protection, The Role of Stakeholders in Sustainability Reporting Assurance, A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance, Sustainability Benchmarking of European Banks and Financial Service Organizations, Causes of Water Supply Problems in Urbanised Regions in Developing Countries, A Global Mining Corporation and Local Communities in the Lake Victoria Zone: The Case of Barrick Gold Multinational in Tanzania, Mekong at the Crossroads: Next Steps for Impact Assessment of Large Dams, CSR activities in award-winning Thai companies, Reforms from the Ground Up: A Review of Community-Based Forest Management in Tropical Developing Countries, Sustainability- The missing ingredient in strategy, Water Level Response to Hydropower Development in the Upper Mekong River, Varieties of corporate social responsibility (CSR): CSR meets the âNordic Modelâ. oneâs free will without compulsion or coercion. The concept of sustainability means many different things to different people, and a large part of humanity around the world still live without access to basic necessities. Not surprisingly, we found substantial effects of development on salmon in the Columbia River. All rights reserved. The impacts on the flooded area and loss of gallery forest and protected areas were analyzed using geographic information system-based methods. Originality/value This study examines the factors influencing the behavior of organizations in Bhutan towards sustainability explicated in terms of opportunities and risks in order to understand Bhutanâs perspective on sustainability or sustainable development. The model was further tested using partial least squares-structural equation modeling (PLS-SEM) following Peng and Lai (2012) arguments. The communication of the corporate performance comprises the strategic and operational goals, the corporate performance data on inventory level, the translation of the inventory data to sustainability core indicators as well as the performance evaluation in terms of sustainability. The main purpose of this exploratory analysis is to understand whether, based on evidence gathered from international best practices selected among corporations which adopt the Global Reporting Initiative guidelines in sustainability reporting (SR), stakeholders are significantly consulted and involvedâas international literature would indicateâby assurance providers, during assurance processes of SR. We aim at verifying if this practiceâknown as stakeholder assuranceâis in fact widespread in SR assurance by carrying out empirical research, through content analysis, into a sample of 161 assurance statements of international corporations, in order to test characteristics of any stakeholder assurance implemented. Given our focus on Russia, a market with high potential to draw foreign investments, the research sheds some light on how emerging country firms can benefit from having foreign shareholders with paying attention to geographical distribution of such investments. Using a multi-level analysis â beginning with a screening of 127 organizations and finishing with in-depth interviews of eight of them, approaches to integrating sustainability were analysed. This research aims to explore the relationship between corporate governance and CSR: What are the major factors that play a direct role in the establishment of this relationship? Furthermore, aid has often come with a price of its own for the developing nations. First, it offers an exploratory study that sets out markers for a more exhaustive analysis of the potential for CSR in the field of law in the Ohada zone. The purpose is to report on best practices in CSR in Thailand. The facilities are owned by dozens of famous chemical companies. The two rivers had similar biological and physical features but radically different levels of water resource development: the Fraser River has few dams and all are located in tributaries, whereas the Columbia River has more than 130 large mainstem and tributary dams. Originality/value â The key contribution of the study is the modelling of firmsâ motivation for CSR activities and the contingent effect of internationalisation. While it is clear what is generally meant by corporate governance it is much less clear what is meant by sustainability and we start by investigating this concept. The framework includes variables that explain underlying mechanisms (i.e., relationship- and value-based mediator variables) of CSRâoutcomes relationships and contingency effects (i.e., people-, place-, price-, and profile-based moderator variables) that explain conditions under which the relationship between CSR and its outcomes change. The article identifies key institutions and incentives that appear to significantly affect the success or failure of CBFM initiatives. The results show that a CG model which includes independent outside directors and which has specific ownership characteristics has a significantly positive impact on both FP and CSP, whereas FP itself does not influence CSP. de recursos, entre outras prÃ¡ticas recomendadas, em empreendimentos individuais, This paper aims to create awareness around the selected few of the biomimetic solutions that address the diverse environmental challenges facing humanity with a focus on energy and water issues. In: Fien J., Maclean R., Park MG. (eds) Work, Learning and Sustainable Development. The impact of intrinsic motivation on CSR was found to be contingent on the extent of the internationalisation of small and medium-sized enterprises (SMEs). Wind. Read “Addressing Biodiversity Loss” to learn more. oportunidades de PML segundo atividade de cada organizaÃ§Ã£o. Issues such as water privatization are important in the developing world especially as it goes right to the heart of water rights, profits over people, and so on. This chapter discusses the water development pathways in the Mekong Basin, including their potential impacts and the different possibilities to assess them, as of early 2010. Despite numerous successful conservations measures supporting biodiversity, the 2010 biodiversity target has not been met at the global level. Half-built chemical plants are left idle along deserted roads, while half-finished columns are wrapped in blue plastic sheeting to protect them from the environment. As a result, there is an overall lack of long-term investment, which has serious implications for global growth. The M&R maritime cluster We conclude by suggesting where further work is needed. This may limit generalizations and may provide only a foundation for further research rather than definitive conclusions. The authors also offer numerous guidance to the practitioners and policy makers, based on empirical results. Grande (UFCG) e Universidade do Estado do Rio Grande do Norte (Uern). Political instability in Thailand led to construction work being stopped at the Map Ta Phut industrial complex in eastern part of the country. However, the record on moving towards sustainability so far appears to have been quite poor. Sustainable Development Goals without the engagement of young people. Findings The causes of poverty and of environmental degradation are inter-related suggesting that approaching sustainable development requires understanding the issues from many angles, not just say an environmentalist or economics perspective alone. The global population is quickly growing, urbanizing, and becoming wealthier, leading to a diversification of dietary patterns and an increase in demand for land, resources, and greenhouse gas intensive foods, such as meat and dairy. To fully unleash this power, institutions at all levels are required to provide an enabling environment that provides young people with their human rights allowing them to thrive up to their potential. In as much as companies perceive CSR activities as the right thing to do, the motive to do so also depends on the business case/profit motive. In the past two decades, CSR has received increasing attention from scholars, national and international governments, media and the industries themselves. Solar PV. Yet, the fact that there are so many NGOs popping up everywhere perhaps points to failures of international systems of politics, economics, markets, and basic rights. Design/methodology/approach: For two such fundamental concepts however it would seem that there should be a relationship between the two, although little work has been undertaken on exploring this relationship. The Sustainable Development Goals (SDGs) or Global Goals are a collection of 17 interlinked goals designed to be a "blueprint to achieve a better and more sustainable future for all". The five implications for â Global challenges are impacting on business organizations and will continue to do so into the future. Hypotheses on the impact of institutional contexts, industry impacts and economic situations on different types of CSR actions are proposed for further research. In particular, it reports that consideration of institutional and socioeconomic factors along with personal characteristics of key stakeholders such as beliefs, attitudes, financial resources and skills are important determinants of CBFM outcomes. military instability and poverty. Purpose â The paper aims to investigate the relationship between firmsâ motivation for corporate social responsibility (CSR) and the moderating role of internationalisation. Surprisingly, however, and despite their memoryless nature, MPE need not result in a "tragedy of the commons", i.e., overexploitation of the resource relative to the first-best solutions. In theory, development that is sustainable and not damaging to the planet is very possible. Government shareholders enhance a firm's social performance extraordinarily because government shareholders will be more likely to request that companies fulfill their social responsibilities. Findings â The findings show that firmsâ intrinsic motivation drives CSR more than extrinsic motivation. This paper has a modest, but not uninteresting, objective. Many damages have been done globally to the natural environment, all in a bid to providing essential amenities and addressing the infrastructural deficit. Deadly wildfires including those affecting Australia, hurricanes, extreme weather events, and climate-influenced migration and hunger in many parts of the world are now regular occurrences. The United Nations is the largest international body involved in development issues around the world. The results reveal that PCSR and ICSR have a positive impact on both work-life satisfaction and job satisfaction. At the same time the global working-age share peaked in 2012 and is now declining with seismic implications. The authors have developed the theoretical model using resource-based view logic and contingency theory. Rather than pushing for their elimination, the WTO should aim to regulate export duties in the same manner as its regulation of import duties. The challenge posed by sustainability in its broader spectrum (dynamic balance between the economic, environmental and social dimensions) has been known as sustainable development and has currently became a notorious and observable fact on several fronts (Fore and Mbohwa, 2010). Contextual factors that this research highlights to be important to the incorporation of CSR into governance include the economic environment, national governance system, regulation and soft law, shareholders, national culture, behavioural norms and industry impacts. Based on the similarity-attraction theory, the authors investigated whether nomination committees of companies listed on the Johannesburg Stock Exchange (JSE) could serve as an internal change mechanism to promote board gender and race diversity.
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