| الوصف: |
- Managing business sustainability: a holistic framework for sustainability measurement Managing business sustainability is complex, with multiple interconnected aspects including emissions reduction, responsible investment, management of material flows, waste and resources, whilst safeguarding the welfare of employees and communities. Transparency and accountability is paramount for conducting responsible business with increased visibility for stakeholders. This empirical study measures the economic, environmental and social activities of companies, alongside employee wellbeing and Corporate Social Responsibility (CSR) to evaluate overall corporate sustainability performance. Data collected from participating companies has provided insights and a basis for a holistic sustainability framework that goes further than the established Triple Bottom Line (TBL) model. This study proposes a '7E' sustainability framework that measures seven facets of business sustainability inspired by existing frameworks and calculates an overall sustainability index with a dashboard of scores. Seven areas of the organisation are analysed (7Es): including economic, environment, expertise, energy, ethics, empathy (social), executive (governance) and decarbonisation activities. The resulting analysis can be used to plan future sustainability goals and strategies. Four company case studies within the tea processing sector have been analysed, via a mixed methods approach, including a company sustainability survey, data submissions, employee surveys and interviews. A survey of workers in the tea industry alongside the company assessment, has produced fresh data on employee wellbeing and CSR. The results show that the 7E framework provides more detail about a firm's sustainability practices with increased granularity and comparability and has the potential to improve corporate sustainability management through benchmarking and best practice. Interviews with corporate leaders have supported the findings of the study including best practice insights and challenges faced. A wider study incorporating a larger sample of companies in varied industry sectors is in progress to explore the practical aspects and outcomes of applying this approach to corporate sustainability management. |
