Abstract
The case of Faber-Castell shows how a medium-sized family business in the industry of stationery drives business practices. With having the aim of being best of class, Faber-Castell balances economic ambition and responsibility. The company’s decision-making can be displayed by the triple bottom line, which takes the financial, environmental and social perspective into account in equal measure. Today, there are two main challenges: the environmental challenge, meaning saving the environment, and the distributional challenge, standing for the widening gap between poor and rich. Faber-Castell addresses both challenges by providing sustainable wood supply along with preserving biodiversity and ecosystems and by advancing working and social conditions worldwide. Thereby, integrity and transparency play a key role in their actions.
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Böhler, L., Platz, MC. (2021). Doing Ordinary Things Extraordinarily Well: Illustrating the Concept of Triple Bottom Line and Integrity on the Case of Faber-Castell. In: von Kimakowitz, E., Schirovsky, H., Largacha-Martínez, C., Dierksmeier, C. (eds) Humanistic Management in Practice. Humanism in Business Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-51545-4_7
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