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Can businesses move beyond efficiency? The shift toward effectiveness and equity in the corporate sustainability debate
Author(s) -
Young William,
Tilley Fiona
Publication year - 2006
Publication title -
business strategy and the environment
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.123
H-Index - 105
eISSN - 1099-0836
pISSN - 0964-4733
DOI - 10.1002/bse.510
Subject(s) - sustainability , equity (law) , entrepreneurship , corporate sustainability , sustainable development , sustainable business , business , context (archaeology) , corporate social responsibility , social equality , business model , eco efficiency , economics , marketing , environmental economics , public relations , political science , finance , market economy , ecology , paleontology , law , biology
The aim of this paper is to articulate to a wider practitioner and academic audience the value and importance of moving the sustainable business agenda beyond the notion of eco‐ and socio‐efficiency. This in itself is not a new development in the sustainable business literature. What are emerging are integrated models of corporate sustainability that link together the six criteria that a sustainable business will need to satisfy, namely eco‐efficiency, socio‐efficiency, eco‐effectiveness, socio‐effectiveness, sufficiency and ecological equity. At this stage these new models of corporate sustainability need further theoretical development, taking corporate sustainability beyond the business case (eco‐efficiency) towards an integrated approach that links in the social and natural cases. A new model for sustainable entrepreneurship is presented and discussed in the context of a social entrepreneur case study. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.