Sustainability is normally considered to be about choices for the future being limited by decisions made in the present, and is frequently portrayed as concerning environmental issues alone. The Durable Corporation rejects both of these notions to argue that sustainability is a more complex concept that involves balancing many factors. It explores the nature, value and role of sustainability in business and maintains that resource utilization must be based upon the twin pillars of equity and efficiency rather than attempting to ensure that our choices in the future are not reduced. The authors of The Durable Corporation propose a new model of sustainability and a fresh approach to managing resources. They extend this to the development of difference strategies for achieving sustainability and an alternative approach to managing for the future. These features make it essential reading for all those with responsibility for the sustainability or durability of the enterprises in which they are engaged or in the study of the issues at stake.
Table of Contents
Contents: Foreword; Introduction - why sustainability matters; Defining sustainability; Managing risk; Governance and sustainable performance; Implications of the size and sector of a firm; Satisfying stakeholders - distributing effects; External verification - audit and rating systems; International standards and regulations; Globalisation, competition and financial crisis; Corporate social obligations for sustainability; Implementing sustainable practice; Conclusion - creating and sharing common value; References; Biographies; Index.
'In an era of Globalization, relationships among government, business, and Non-Governmental Organizations are being redefined. Central to this new alignment is the concept of ’sustainability’. In The Durable Corporation, Aras and Crowther provide the most comprehensive and sustained analysis of "sustainability" to date. The analysis has important implications for the future direction of corporate governance. This is not a book to be missed by those who seek to discern the contours of the future direction of debate.' Nicholas Capaldi, Director, National Center for Business Ethics ’This book provides a clear and concise outline of current thinking in business ethics, that will interest the practising manager and the general reader alike.’ - David Stephens FCMI, Professional Manager 'The Durable Corporation is an innovative, inspired and up to date analysis of the economic and environmental threats and opportunities facing the corporate world of the twenty-first century...This book will be extremely useful to students and academics researching economics, accountancy, corporate social responsibility, and the sustainable environment. It is also an essential inclusion for any university library where these subjects are taught.' - International Journal of Law and Management