Although the concept acknowledges the need for profitability, it differs from the traditional growth and profitmaximization model in that it places a much greater emphasis on environmental, social, and economic performance, and the public reporting on this performance. We use propensity score matching in 1993 to identify 90 comparable companies that adopted almost none of these policies the low sustainability companies. During a time of change, the organizational system has a transitional period before reaching a more sustainabilityoriented state msom. Rejection nonresponsiveness compliance efficiency strategic proactivity the sustaining corporation from dunphy, d. Since this classic book was first published in 2003, sustainability has increasingly become mainstream business for leading corporations, whilst. Change requires a lot of time, planning, and management.
Organisational change for corporate sustainability. It means different things to different people to some, its about going green, whereas for others it falls within corporate social responsibility csr. The global compact is the worlds largest global corporate sustainability initiative, with over 8,000. In this fully revised and updated edition of their groundbreaking study of organizational change and corporate sustainability, dexter dunphy, andrew griffiths and suzanne benn argue that there are important benefits to the corporation in making changes for sustainability, and. The sustainability research model allows for the analysis of several independent measurements to predict the variables which correlate to corporate sustainability global ranking. We investigate the effect of a corporate culture of sustainability on multiple facets of corporate behavior and performance outcomes. We can compare institutional sustainability to the body and brain of an organization. The latter was included in order to include articles on sustainability in the public sector, but the results were in fact limited in this area. Organizational change for corporate sustainability taylor. Evolution of corporate sustainability practices perspectives from the uk, us and canada 3 ten elements of organizational sustainability there is a desperate need for the finance function to be involved in ensuring the quality of sustainabilityrelated information. The relation between corporate sustainability cs and. Rethinking the role of the corporate sustainability officer. Do corporate sustainability practices enhance organizational. The rest have substantial environmental risk associated with their operations.
Sustainability indicators publication server of the wuppertal. It is essential to change the ongoing activities for a. Cordeiro, 2001 towards wholesystem approaches, by changing products. Abstract we investigate the effect of corporate sustainability on organizational processes and performance. Integration and organizational change towards sustainability. This corporate sustainability and responsibility report identifies the sustainability and. Tracking organizational change towards corporate sustainability sustainability is an increasingly important performance objective for companies. This paper has provided a closer examination of the concept of corporate sustainability and its link to organizational culture.
Critical steps for sustainability change management and. Using a matched sample of 180 companies, we find that corporations that voluntarily adopted environmental and social policies many years ago termed as high sustainability companies exhibit fundamentally different characteristics from a matched. Guide to corporate sustainability deutsches global compact. To understand how the change towards corporate sustainability affects smes. Understanding and seizing the strategic opportunity from universita bocconi. It charts new thinking on value creation, business models and organizational purpose as the basis of a broaderbased transition to a sustainable society. The ranking of companies based on their change management and sustainability strategies and practices needs to come under close scrutiny. In these studies, change agents are generally regarded as having outsider consultant roles in planned change processes. The need for change is also mainly because woolworths is dependent on the domestic market for most of its proceeds. Using a matched sample of 180 us companies, we find that corporations that voluntarily adopted sustainability policies by 1993 termed as high sustainability companies exhibit by 2009, distinct organizational.
Their active engagement with multiple stakeholders both internal and external stakeholders will ultimately. Integrated company report 2017 corporate sustainability giz. The role of csr in achieving sustainable development. Eccles is a professor of management practice at harvard business school. Organizational sustainability by joe coblentz 200202. Using a matched sample of 180 companies, we find that corporations that voluntarily adopted environmental and social policies many years ago termed as high sustainability companies exhibit fundamentally. In other words, an understanding of organizational values provides potential insights into generating contingentbased change programs for corporate sustainability implementation. A hybrid approach to change management comes from lozano, 2012, lozano, 20 in the form of an orchestrated change for corporate sustainability. A guide for leaders and change agents of the future 2nd edition dunphy d griffiths a benn s routledge. Effectiveness of corporate social responsibility and information communication technology in organizational change management. Corporate sustainability 0 download 15 pages 3,526 words add in library click this icon and make it bookmark in your library to refer it later. The effect of organizational change management on the effectiveness of corporate sustainability strategies within government owned companies m.
Changes in corporate sustainability aalborg universitet. As a result, sustainability is divided into domains e. Managing change towards corporate sustainability master. Aberdeen group, may 2009 top strategic actions firms that have successfully implemented sustainability strategies often required a change in corporate culturevalues. Also in corporate sustainability, change agents are studied from a. The concept of corporate sustainability is often misconstrued as a matter of implementing changes by manufacturing or selling only green or organic materials and products. Corporate sustainability indicators and the corporate human development. Corporate social responsibility corporate social responsibility csr is also known by a number of other names.
The impact of corporate sustainability on organizational processes and performance robert g. Like the strategies for gender, human resources, business development and digital change, it is an important part of our. The corporate sustainability officer should be a clevel executive and engaged in the development and communication of the companys longterm strategy. While there still exists a lack of clarity on what constitutes corporate sustainability and how to best achieve it, many scholars suggest that the pathway for the adoption of corporate sustainability principles leads via the adoption of a sustainability. In this fully revised and updated edition of their groundbreaking study of organizational change and corporate sustainability, dexter dunphy, andrew griffiths and suzanne benn argue that there are important benefits to the corporation in making changes for sustainability, and that a. Corporate social responsibility for sustainable business. Organizational change for corporate sustainability, third. A further search tern used was sustainability and corporate social responsibility. Either way, businesses are increasingly going far beyond volunteering and philanthropy to embedding sustainability into their core business strategies.
To facilitate organizational change and improve corporate. Corporate sustainability and organizational culture. The effect of organizational change management on the. The main reason for the need for organizational change is the reduction of carbon emission by 40 percent. Abstractthis paper explains the concept of corporate social responsibility and examines the use of corporate social responsibility in organizational change management. Below are tips to transitioning to a paperlight environment, to help leaders manage change and demonstrate the business benefits of implementing a sustainability program. Comprehend the meaning of sustainable by learning that the concept originated from the philosophies of the early intellectuals. We investigate the effect of corporate sustainability on organizational processes and performance.
Moral sustainability this aspect of sustainability gets to the essence of what makes an organization work. An analysis of 25 sustainability rankings indicates that just 15 percent of the top 50 companies have truly sustainable practices. One very prominent approach to sustainability is corporate social responsibility csr. Organizational culture and the success of corporate. Ioannis ioannou is an assistant professor of strategy and entrepreneurship at london business school.
The fourth edition of this trailblazing book on corporate sustainability provides new insights into how organizations can transition towards a more responsible way of conducting their business. Stepwise multiple regression analysis was the appropriate statistical tool used to identify the significant variables. Environment and development, many definitions of corporate sustainability have been developed. Using a matched sample of 180 us companies, we find that corporations that voluntarily adopted sustainability policies by 1993 termed as high sustainability companies exhibit by 2009 distinct. Search terms included both business sustainability and organizational sustainability. Because the people are the key to successful organizational change, business leaders must take appropriate steps to involve and engage employees in the sustainability vision and implementation process. Consistent with our expectations, we find that high sustainability companies are significantly more likely to assign responsibility to the board of. Corporate sustainability is a new and evolving corporate management paradigm. The concept of corporate sustainability has gained importance in recent years in both organizational theory and practice.
Corporate sustainability and responsibility is increasingly being recognised as a concept that offers ways of thinking and behaving. This paper was previously circulated as the impact of a corporate culture of sustainability on corporate behavior and performance. The sustainability of business, both economically and ecologically, is one of this centurys key debates. Management and organizational sustainability tool 1 introduction to most the management and organizational sustainability tool most is a process for improving an organizations management, with the end result of contributing to improved services. Organizational change for corporate sustainability third. According to the epa, the us uses about 71 million tons of paper and paperboard per year. The thought at least in some in some organizations that sustainability is separate and distinct from the business strategy is an antiquated notion. With support from eys climate change and sustainability services team. The survey on corporate sustainability management in austria, with focus on. The presence of this feeling of change follows the demand of balance before economic, technological, social, politic and cultural environments, as.
Also in corporate sustainability, change agents are studied from a planned. Organizational change also encompasses the effects of the changes in an organization. The impact of corporate sustainability on organizational. This finding points to the fact that culture does indeed matter in corporate sustainability and validates the growing interest in company culture. Organizational change can be defined as the change that an organization undergoes in its operational methods, structure, culture, technology, and strategy. These include corporate responsibility, corporate accountability, corporate ethics, corporate citizenship or stewardship, responsible entrepreneurship, and. Our governance structure consists of the board of management and. Organizational change for corporate sustainability. Corporate sustainability and responsibility focuses on exploiting opportunities that reconcile differing stakeholder demands as many corporations out there are investing in corporate sustainability and responsible business practices lozano 2015. Request pdf organizational change for corporate sustainability, third edition since this classic book was first published in 2003, sustainability has increasingly become mainstream business.1166 239 452 519 18 1137 731 1014 437 617 1141 954 801 427 609 866 146 702 970 1427 1192 238 201 93 115 6 1391 797 1426 65 1471 114 1338 293 244 295 602 179 951 506 225 791 1140 1093 771 209 705 686 522