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Sustainability: Corporate Sustainability

Sustainable and sustainability are "hot topics" everywhere. Since sustainable is an adjective, you can put just about any noun behind it and have a subject that students are studying, faculty are teaching, and nonprofits are researching.

Defining Corporate Sustainability

Corporate Sustainability

-a business approach that creates long-term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social developments(ROBECOSAM)

-creates long-term consumer and employee value by creating a "green" strategy aimed toward the natural environment and taking into consideration every dimension of how a business operates in the social, cultural, and economic environment (Wikipedia)

Corporate Social Responsibility (CSR)

-business practices involving initiatives that benefit society (Business News Daily)

-a corporation's initiatives to assess and take responsibility for their effects on environmental and social wellbeing (Investopedia).