Barry Colbert & Elizabeth Kurucz., (2007). Three Conceptions of Triple Bottom Line Business Sustainability and the Role of HRM. Human Resource Planning.
The Grundtland report "Our Common Future" (1987) introduced with its definition :"Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs" the idea of 'Limits to the Growth'. In the 25 years following this important milestone, business and organizations have been forced to think about their own sustainable development as a business and an organization. Issues as environmental regulations, licence to operate, cost and availability of fossile fuels and raw materials, technical solutions for CO² emissions, renewable resources, waste, etc... are top of mind in any business strategy or should be in order to create a viable future for the organization. Some organizations are still in the phase of limiting the impact of their industrial activities, others have adopted sustainability as the main driver of their business strategy adopting for instance a Cradle-toCradle business model. Besides the process and technological aspects of sustainable organizations, we also have the Human Resources side of things with talent & expertise development, ability to hire the best people and many other issues on the agenda. The overarching key question is : Is your organization FUTURE PROOF ?
Organizations begin to realize that their combined economic, social/societal and ecological performance will enable sustainable growth and development of organizations. That also implies organizations are shifting from a shareholder to a stakeholder perspective, seing stakeholders more and more as partners to shape a viable (including industrial and economic) future.
A few more articles on the concept Sustainable Business & Organization Development are listed below :
- Wirtenberg, Harmon & Fairfield., (2007) HR’s Role in Building a Sustainable Enterprise: Insights From Some of the World’s Best Companies. Human Resource Planning.
- Terry Wales (2013). Organizational Sustainability : What it is, and Why does it matter ? Review of Enterprise and Management Studies. Vol.1, n°1.
- International Institute for Sustainable Development. (2012) Sustainability Development Timeline (highlighting key moments in sustainability awareness from 'Silent Spring' by Rachel Carson in 1962 till now).
- Michael Braungart (2012). Cradle to Cradle Design. Eco-Conception Conference, Brussels, September 2012
- David Newcorn, Packaging Word. Special Report Cradle to Cradle. www.packworld.com
- Neil Jeffery., (2009). Stakeholder Engagement : A roadmap to meaningful engagement. Doughty Center. Cranfield University.
- Francesco Perrini & Antonio Tencati., (2006). Sustainability and Stakeholder Management : the Need for New Corporate Performance Evaluation and Reporting Systems. Business Strategy and The Environment. (no longer online available)