Original language | English |
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Title of host publication | Encyclopedia of Sustainable Management |
Editors | Samuel Idowu, René Schmidpeter, Nicholas Capaldi, Liangrong Zu, Mara Del Baldo, Rute Abreu |
Place of Publication | Switzerland |
Publisher | Springer |
Pages | 1-5 |
Number of pages | 1 |
ISBN (Print) | 9783030020064 |
DOIs | |
Publication status | Published - 14 Sept 2022 |
Abstract
The relationship between companies and sustainability is a critical issue in both developed and developing countries. The private sector has come to realize that long-term profitability depends at least to some degree on social justice and environmental protection. As a result, business objectives and values have changed, as well as the business solutions through which they are implemented. The triple bottom line is no longer a marginal concept but central to the management of the business.