Sustainable Business Key Issues 3rd Edition by Helen Kopnina, Rory Padfield, Josephine Mylan 1032209704 9781032209708

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ISBN 10: 1032209704

ISBN 13: 9781032209708

Author: Helen Kopnina, Rory Padfield, Josephine Mylan

Sustainable Business: Key Issues is the first comprehensive introductory-level textbook to address the interface between environmental challenges and business solutions to provide an overview of the basic concepts of sustainability, sustainable business, and business ethics. Fully updated for the third edition to take into account recent developments and trends, such as the climate emergency, COVID-19, and supply chain sustainability, this textbook introduces students to the background and key issues of sustainability and suggests ways in which these concepts can be applied in business practice. Though the book takes a business perspective, it is interdisciplinary in its nature and draws on knowledge from socio-economic, political, and environmental studies, thereby providing a critical understanding of sustainability in the changing paradigm of global business. It goes beyond the conventional theories of sustainability and addresses critical issues concerned with population, consumption, and economic growth. It discusses realistic ways forward, in particular, the circular economy and Cradle to Cradle frameworks. The book is both a theoretical and a practical study guide for undergraduate and postgraduate students of broad areas of sustainability, teaching ways to recognize opportunities for innovation and entrepreneurship at the intersection of environmental, economic, ethical, and social systems. It takes a strategic approach in applying the power of business methods and policy to address issues of global importance such as climate change, poverty, ecosystem degradation, and human rights. This textbook is essential reading for students of business, management, and sustainability courses. It is written in an engaging and accessible style, with each chapter including case studies, discussion questions, and end of chapter summaries.

Sustainable Business Key Issues 3rd Table of contents:

Section I Key concepts

1 Introduction: Key concepts in sustainability and business

What is this book about?

Business sustainability

Eco-efficiency

What links business, ethics, and sustainability?

Chapter organization

Case study: Patagonia – ‘don’t buy this jacket’

Key terms

Discussion questions

End of chapter summary

Class activity: How to save the planet: Degrowth vs Green Growth?

2 Business ethics

Linking sustainability and ethics

Different types of ethics

Corporate social responsibility

Human rights

Labour issues: poverty, pay, and working conditions

Business and poverty – ‘bottom of the pyramid’

Corporate governance

Case study: Volkswagen’s response to the ‘emissions scandal’: Was it ethical?

Key terms

Discussion questions

End of chapter summary

Class activity: Volkswagen management game

Section II Critical evaluation: Key challenges

3 Environmental challenges

What is meant by ‘environment’?

Environmental problems

Causes and explanations

Commodification of nature

Ecological restoration and pollution control

Ethical considerations

Case study: Shell and the Sustainable Development Goals

Key terms

Discussion questions

End of chapter summary

Class activity

4 Social and economic challenges

Poverty

Economic development

Inequality and development

Post-colonialism and neo-colonialism

Population growth

What is sustainable development?

Business and sustainable development

Case study: who is the victim of climate change?

Question

Key terms

Discussion questions

End of chapter summary

Class activity: debate whether economic growth can be decoupled from an increase in consumption of natural resources

5 Key challenges for making sustainability a reality

The changing global business environment

Paradoxes of sustainability

Possibility versus dream

Practical challenges

Globalization of consumption

Disputing the mainstream sustainable business models

Short-term versus long-term solutions

Critique of the triple bottom line

Critique of ‘sustainable’ consumption

Rebound effect

Tackling oil dependency and climate scepticism

Ethical challenges

Intergenerational justice

Biospheric egalitarianism

Environmental justice versus ecological justice

Charity paradox

The question of demographics

The role of decision-makers

Case study: smartphones at school

Questions

Key terms

Discussion questions

End of chapter summary

Class activity: No Impact Man

Section III Globalization, technology, and new trends in business

6 Globalization and business

What is meant by globalization?

The relationship between globalization and sustainability

Globalization of technology

Digital technology

Globalization of neo-liberal democracy

‘Groupthink’ or cultural hegemony: global spread

Theories of development and innovation

Case study

Key terms

Discussion questions

End of chapter summary

Class activity: Imagine you are the CEO of a global company

7 Strategic change for sustainability

Sustainability and competitive advantage

Role of consultancies in promoting sustainability

Case Study: ‘B Corp’ Certification

Key terms

Discussion questions

End of chapter summary

Class activity: marketing a green enterprise

8 Human resource management, green jobs and a green economy

Knowledge and skills: human resource development

Sustainability and HRM

Continuing professional development

UN Principles for Responsible Management Education

Sustainability and leadership

Decent and sustainable work

Green jobs in a green(ing) economy

Eco-entrepreneurship

Case study: Unilever, Oxfam, and labour rights in Vietnam

Key terms

Discussion questions

End of chapter summary

Class activity: imagine you are the head of an HR team

Section IV Solutions

9 Creating sustainable business practice

Government regulation and policy

Environmental management systems

Sustainable supply chain management

Change management

Eco-labels

Corporate reporting

Global Reporting Initiative

Green accounting systems and investment strategies

Case study: supply chain innovation within the palm oil industry

Key terms

Discussion questions

End of chapter summary

Class activity: companies meeting SDGs

10 New strategic thinking

Structural and social solutions

Collaboration and stakeholder engagement

Communication: ‘talking the walk’ initiatives

Understanding sustainable consumption

Consumer choice editing

Sharing economy

Realizing impacts: direct and indirect

Private and public action

Business and NGO cooperation

Green and ethical investment

Business and technological solutions

Business ecology

Industrial ecology

Life Cycle Assessment

Sustainable design

Biomimicry

The Blue Economy

Case study: the rise of ‘slow fashion’

Key terms

Discussion questions

End of chapter summary

Class activity: sustainable and ethical investment

11 Cradle to Cradle

Cradle to Cradle: the cycle of rebirth

Being ‘all good’: eco-efficiency versus eco-effectiveness

Nutrient cycles

Challenges to C2C

Case study: OLIO: addressing food waste via an innovative circular business model

Key terms

Discussion questions

End of chapter summary

Class activity: converting an existing product into Cradle to Cradle

12 Towards a circular economy

From optimizing existing models to revolutionary change

Background of the circular economy concept

Case study: Philips’ ‘Pay-Per-Lux’ product-service system for lighting

Assessing progress towards circularity

Scaling up circular economy

Closing the loop

Summarizing hopeful sustainability frameworks

Case study: creating a circular economy for plastics: the case of barePack

Case study: the circular economy – business as usual or a necessary change?

Key terms

Discussion questions

End of chapter summary

Class activity: Cradle to Cradle and a circular economy

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