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Delineating Business for Sustainability: Contextual Evolution and Elucidation

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Business for Sustainability, Volume II

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Abstract

The concept of sustainability has become a fundamental consideration at various levels and functions of a business as it deals with economic, social and environmental impacts. A successful sustainable business often requires continuous effort in replacing existing practices with new models and approaches. In the long term, business sustainability contributes to environmental protection, since businesses can reduce their negative impact on the environment. Also, business sustainability is likely to bring about a range of economic benefits, by reducing costs and using resources more efficiently. Social responsibility is equally important as businesses have a responsibility to act in the best interest of society. Therefore, business sustainability can help corporations address social and ethical issues. Taken together, turning towards sustainability can enhance businesses’ long-term viability, and help businesses be more resilient and adaptable to changes in the market. Within this context, the current chapter gives an overview of the contextual evolution and theoretical grounds of business for sustainability.

Demetris Vrontis, vrontis.d@unic.ac.cy, University of Nicosia and Lebanese American University

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Authors and Affiliations

  1. Department of Management, School of Business, University of Nicosia, Nicosia, Cyprus

    Demetris Vrontis

  2. Department of Management Studies, Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon

    Demetris Vrontis

  3. GNOSIS Mediterranean Institute for Management Science, School of Business, University of Nicosia, Nicosia, Cyprus

    Alkis Thrassou

  4. School of Business, University of Nicosia, Nicosia, Cyprus

    Leonidas Efthymiou & Meliz Bozat

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  1. Demetris Vrontis
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  2. Alkis Thrassou
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  3. Leonidas Efthymiou
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  4. Meliz Bozat
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Correspondence to Leonidas Efthymiou .

Editor information

Editors and Affiliations

  1. Department of Management, School of Business, University of Nicosia, Nicosia, Cyprus

    Demetris Vrontis

  2. GNOSIS Mediterranean Institute for Management Science, School of Business, University of Nicosia, Nicosia, Cyprus

    Alkis Thrassou

  3. Department of Management, School of Business, University of Nicosia, Nicosia, Cyprus

    Leonidas Efthymiou

  4. School of Business Administration Research Unit, College of Management, Rishon LeZion, Israel

    Yaakov Weber

  5. Newcastle Business School, Northumbria University, Newcastle upon Tyne, UK

    S. M. Riad Shams

  6. Department of Management, School of Business, University of Nicosia, Nicosia, Cyprus

    Evangelos Tsoukatos

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Vrontis, D., Thrassou, A., Efthymiou, L., Bozat, M. (2024). Delineating Business for Sustainability: Contextual Evolution and Elucidation. In: Vrontis, D., Thrassou, A., Efthymiou, L., Weber, Y., Shams, S.M.R., Tsoukatos, E. (eds) Business for Sustainability, Volume II. Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-37365-7_1

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