Corporate Contributions to Sustainable Development
Article from: OGEL 2 (2007), in Environmental, Social and Governance (ESG)
In recent years, many corporations have become interested in aligning business strategies with the overall goal of supporting sustainable development. The concept of sustainable development gained global momentum through the efforts of Gro Harlem Brundtland in the late 1980s. For business the term 'triple bottom line' (popularly known as the 'three Ps' - People, Planet and Profit) has become the common commercial nomenclature for sustainable development. However, even though sustainable development and corporate social responsibility (CSR) are not new phenomena, many corporations ...