Topic 7: Sustainable business (c): The compliance approach and the efficiency approach to sustainable business.
Topic 7 Readings
Core (required) readings:
Sandhu, S., Smallman, C., Ozanne, L. K., & Cullen, R. 2012. Corporate environmental responsiveness in India: Lessons from a developing country. Journal of Cleaner Production, 35: 203-213.
Linnenluecke, M. K., Birt, J., Lyon, J., & Sidhu, B. K. 2015. Planetary Boundaries: Implications for Asset Impairment. Accounting and Finance, 55: 911-929.
Paquin, R. L., Busch, T., & Tilleman, S. G.2015. Creating Economic And Environmental Value through Industrial Symbiosis. Long Range Planning, 48: 95-107.
Additional (optional) readings and resources:
- Eco-efficiency:
Here are some "quick and easy" guides to making eco-efficiency improvements in organisations
There is an argument that, by finding small quick eco-efficiency wins, momentum can be gained in changing organisational mindset and committment to tackle the sustainable business agenda in more substantive ways - sometimes it just needs something to kick start it.
These ideas might help do that and, in a lot of cases, can be undertaken 'on-the-ground' as part of normal organisational activities.
EcoBiz Qld - for offices
Eco-Biz Qld - for retail
Go green @ work
Gibbs & Deutz 2007 'Reflections on implementing industrial ecology through eco-industrial park development', Journal of Cleaner Production, vol. 15, pp. 1683-1695.
This article discusses the concept of eco-industrial parks and gives a general overview of what these are and how the concept is developing in practice. Note the link to the efficiency issues we have discussed above and how eco-industrial parks seek to expand this concept of efficiency beyond the confines of any one firm to instead involve multiple firms.
Landman, A 2008, Absolving Your Sins and CYA: Corporations Embrace Voluntary Codes Of Conduct, Corpwatch,
This is the full article that is referenced in the discussion below on voluntary codes of conduct.
Hart, SL 2007, Capitalism at the Crossroads, 2nd edn, Pearson Education, New Jersey.
This book by Hart picks up on the models in the Hart & Milstein article and walks though various strategies firms might undertake that, in Hart’s view, will help advance the sustainable business agenda.
Media item Putting people at the heart of climate-friendly buildings