Business Strategies concerning the Sustainable Development Goals and the SDG Compass
Deadline for manuscript submissions: closed (31 May 2022) | Viewed by 61952
Interests: corporate social responsibility; corporate social reporting; sustainability business ethics; eco-innovation; management accounting
Interests: corporate social responsibility; corporate social reporting; sustainability assurance; business ethics; eco-innovation
The Sustainable Development Goals (SDGs) explicitly call for the active involvement of companies to transform political agreements into real environmental and social changes. This implies, at the same time, a challenge and an opportunity for companies which can lead to a “win-win” scenario in which their contribution to sustainable development provides companies with long-term competitive advantages and new business opportunities. However, achieving the SDGs not only requires companies to “do things differently” (i.e., behave in a way that is more compatible with sustainability) but also to “do different things”. Therefore, companies that rise to meet this challenge will find that the SDGs lend meaning and focus to their competitive strategies and value-creation process. Indeed, business contribution to the SDGs requires integrating the SDGs into companies’ core competitive strategy, organizational culture, and business model. In this sense, the SDG compass provides a guide to help companies in this process, explaining how to formulate, execute and communicate SDG-related strategies.
Researchers have highlighted the need to create and implement a sustainable business model based on the integration of the SDGs into long-term strategies and to search for innovative solutions to the challenges arising in this regard. However, more research is needed to understand how companies can contribute to the SDG being met and how their integration into business strategies can create value for the company and enhance firm performance. This Special Issue aims to fill this gap and calls researchers from various academic disciplines to address the study of a broad spectrum of topics related to busines strategies concerning the SDGs and the SDG compass, including:
- Business contribution to the SDGs;
- The SDGs as a strategic tool for corporate management and governance;
- Strategic change associated with the adoption of the SDGs by companies;
- The SDGs and value creation;
- Explaining factors of the adoption of the SDGs by companies (i.e., firm size, industry, country, profitability);
- SDGs implementation;
- Human resource management and the SDGs;
- Entrepreneurship as a means of tracking the SDGs;
- Collaborative approaches (e.g., public–private partnerships, alliances) as a means of pursuing the SDGs;
- The SDGs and product development;
- Eco-innovation as a means of tracking the SDGs;
- Integration of the SDGs into the companies’ information system;
- The reporting of corporate social responsibility (CSR) information in the framework of the SDG compass;
- The integration of SDG-related objectives into the companies’ performance evaluation system;
- Market opportunities from SDG-related strategies;
- The SDGs as a guide for investments and new business opportunities;
- The SDGs as a guide for reducing costs and risks;
- Capital markets and the SDGs.
All methodologies and research approaches (e.g., conceptual, empirical, and case studies) are welcome.
Prof. Dr. Beatriz Aibar-Guzmán
Prof. Dr. Cristina Aibar-Guzmán
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- Sustainable Development Goals
- 2030 Agenda
- SDG compass
- SDG reporting
- sustainable development
- corporate social responsibility
- business trategy
- strategic change