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A 2014 session by the United Nations Conference on Trade and Development promoting corporate responsibility and sustainable development.. Corporate sustainability is an approach aiming to create long-term stakeholder value through the implementation of a business strategy that focuses on the ethical, social, environmental, cultural, and economic dimensions of doing business. [1]
Organizational culture encompasses the shared norms, values, behaviors observed in schools, universities, not-for-profit groups, government agencies, and businesses reflecting their core values and strategic direction. [1] [2] Alternative terms include business culture, corporate culture and company culture. The term corporate culture emerged ...
A sustainable business, or a green business, is an enterprise with (or aims to have) a minimal negative impact or potentially a positive effect on the global or local environment, community, society, or economy.
Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development ...
Financial incentives and organizational culture are among the structural factors that fuel this short-term vision. However, ESG issues have a more significant influence on medium- and long-term financial performance, making it difficult to understand them in the context of short-term market expectations.
And consequently, the role of culture is poorly implemented in the environmental, economical, as well as political and social policy. Determining the impact of cultural sustainability is found by investigating the concept of culture in the context of sustainable development, through multidisciplinary approaches and analyses.
Corporate environmental responsibility is used by multinational corporations as well as small, local organizations. It is highlighted and more institutionalized because of stakeholders' awareness of the huge impacts of business activities on the environment.
Cultural globalization refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. [1] This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel.