1945

Introduction

image of Introduction

Today’s global business environment is radically changing to address the environmental and social challenges of our time. The increasing threat of severe climate change, as well as the widening of gaps between socioeconomic groups and frequent social unrests4,5 are pressuring businesses to change normative management practices and operations towards development that is both inclusive and sustainable. While shareholders have a vested interest in financial economic returns, stakeholders are more broadly interested in, or concerned with, business’ objectives, policies and operations which may impact global sustainability.

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