Claude DaCorsi
Texas A&M University-Commerce.
BA 595
Dr. Jennifer L. Flanagan
TABLE OF CONTENTS
Abstract 3
Introduction 4
Background 4
Problem Statement 4
Purpose of Study 4
Study Hypothesis 5
Review of the Literature 6
Strategic Management and Sustainability 6
Triple-Bottom-Line 7
Cost of Going Green 8
Methodology 9
Survey 9
Study Participants 9
Data Collection Process 9
Findings 11
Summary, conclusions, and recommendations 13
References 14
Chapter 1: Introduction
Background
John Ehrenfeld states in Beyond Sustainability, “sustainability is a characteristic of living systems…the most basic level of sustainability is that of flourishing…I define sustainability as the possibility …show more content…
Most want to make money in a responsible way is an assumption that many make, however, getting an organization to follow through with this thought can be quite challenging. Getting a framework in place that can start an organization on a sustainable path. Frameworks like the International Organization for Standardization ISO 26000 social responsibility platform “provides guidance on how businesses and organizations can operate in a socially responsible way” (ISO, 2010)Using this framework to implement new fundamental goals and initiatives in regards to becoming socially responsible and sustainable, is a key factor in starting an organization off on the right track. Without having to feel that they are greenwashing or not implementing policies and procedures correctly. “In general, ISO 26000 acknowledges that ‘social responsibility should be an integral part of a core organizational strategy” (Hahn, 2012, p. …show more content…
When we look at the bottom line of a financial statement, we are looking at the profit or loss for that organization, expenses and revenue. The TBL also takes into account the social and environmental impacts that the organization has. For example, American Smelting and Refining Company (ASARCO), a copper mining and smelting company was a very profitable company that was established in 1899. This company is also one of the largest polluters in America responsible for 20 Superfund sites across the United States (EPA, 2009). A TBL approach would have shown the copper mines polluting and destroying not only the social aspect of the communities around the mines, but the people who live and worked there and the environmental impact to the sites where ASARCO conducted