Managing the Business Case for Sustainability The Integration of Social, Environmental and Economic Performance

Foreword John Elkington, Founder and Chief Entrepreneur, SustainAbility  Foreword Peter Forstmoser, CEO, Swiss Re  Introduction. Managing and Measuring the Business Case for Sustainability. Capturing the Relationship between Sustainability Performance, Business Competitiveness and Economic Performance Stefan Schaltegger, Centre for Sustainability Management, University of Lüneburg, Germany, and Marcus Wagner, Dr Theo Schöller Chair in Technology and Innovation Management, Technische Universität München and Centre for Sustainability Management, Universi   Part 1. Theory – conceptual approaches 1. The link between environmental and economic performance Environmental and Economic Performance: The Basic Links Leena Lankoski, Helsinki University, Finland  How Can Environmental Management Contribute to Shareholder Value? The Environmental Shareholder Value Approach Stefan Schaltegger, Centre for Sustainability Management, University of Lüneburg, Germany  2. Social performance and economic success Do Social Objectives Integrate with Core Corporate Objectives? The Future of Social Auditing Trevor Goddard, Curtin University of Technology, Australia  Social Performance and Competitiveness: A Socio-Competitive Framework Kuno Spirig, Zurich University of Applied Sciences, Winterthur, Switzerland  3. Integrative approaches Mapping the Links of Corporate Sustainability: Sustainability Balanced Scorecards as a Tool for Sustainability Performance Measurement and Management Marcus Wagner, Dr Theo Schöller Chair in Technology and Innovation Management, Technische Universität München and Centre for Sustainability Management, University of Lüneburg, Germany, and Stefan Schaltegger, Centre for Sustainability Management, Universi  A Model of Financial Analysis at the Service of Sustainability Juan Piñeiro Chousa and Noelia Romero Castro, Department of Finance and Accounting, University of Santiago de Compostela, Spain  Sustainable Value Added: A New Approach to Measuring Corporate Sustainable Performance Frank Figge, School of the Environment, University of Leeds, UK, and Tobias Hahn, Institute for Futures Studies and Technology Assessment, IZT, Germany  Sustainable Analysis of Industrial Operations: A Proof of Concept Demonstration Study Sonja Lynn Odom, Laboratory for Sustainable Solutions, Department of Mechanical Engineering, University of South Carolina, USA  Part II. Empirical surveys – financial markets; industry and country surveys 4. Views from the financial markets The Economic Performance of European Stock Corporations: Does Sustainability Matter? Klaus Rennings, Michael Schröder and Andreas Ziegler, Centre for European Economic Research (ZEW), Germany  Capital Markets and Corporate Environmental Performance: Research in the United States Dinah A. Koehler, Economics and Decision Sciences Research, National Center for Environmental Research, US Environmental Protection Agency, USA  Sustainable Investment and Financial Performance: Does Sustainability Compromise the Financial Performance of Companies and Investment Funds? Eckhard Plinke and Andreas Knörzer, Sarasin Sustainability Investments, Bank Sarasin & Co. Ltd, Basel, Switzerland  Benchmarking Competitiveness and Management Quality with the Dow Jones Sustainability Index: The Case of the Automotive Industry and Climate Change Niki Rosinski, Sustainable Asset Management (SAM), Zurich, Switzerland   5. Industry surveys Have Trends in Corporate Environmental Management Influenced Companies' Competitiveness? Henning Madsen and John P. Ulhøi, The Aarhus School of Business, Denmark  Competitiveness, Environmental Performance and Management of SMEs David Hitchens, Queen's University Belfast, UK, Jens Clausen, IÖW, Germany, Mary Trainor, Queen's University Belfast, UK, Michael Keil, IÖW, Germany, and Samarthia Thankappan, Cardiff University, UK  IPPC and the Impact of Best Available Techniques (BAT) on the Competitiveness of European Industry: Survey of the European Non-Ferrous Metals Industry David Hitchens, School of Management and Economics, Queen's University Belfast, Northern Ireland, Frank Farrell, Environment Agency, Bristol, UK, Josefina Lindblom, Institute for Prospective Technological Studies (IPTS), Seville, Spain, and Ursula Triebsw   6. Country surveys The Mutual Relationship between the Environmental Context and Management in the Netherlands Ronald S. Batenburg, Department of Information Sciences, Utrecht University, the Netherlands  The Norwegian Environmental Business Barometer Bjarne E. Ytterhus, Norwegian School of Management (BI), Sandvika, Norway  Sustainability Performance of Countries: Based on the Example of Oekom Research AG's Country Rating Matthias Bönning, Oekom Research, Munich, Germany  Does a Nation's Ecological Performance Affect its Economic Stability? The Potential for Enhancing Sovereign Credit Risk Assessments with Ecological Resource Accounts Mathis Wackernagel, Global Footprint Network, Oakland, CA, USA, Chris Martiniak, Global Footprint Network, Oakland, CA, USA, and University of Michigan Business School, USA, Fred Wellington, World Resources Institute, Sustainable Enterprise Program, and formerly Environmental Management Program, University of San Francisco, USA, Chad Monfreda, Sustainability and Global Environment Program, University of Wisconsin, Madison, USA, and Steve Goldfinger, Justin Kitzes and Deborah Cheng, Global Footprint Network, Oakland, CA, USA,    Part III. Evidence – strategies, case studies and management systems 7. Strategies and the business case for sustainability Achieving Sustainable Corporate Competitiveness: Strategic Link between Top Management's (Green) Commitment and Corporate Environmental Strategy Ki-Hoon Lee, KwangWoon University, Korea, and Robert Ball, University of Stirling, UK  Ecopreneurship and Competitive Strategies: Striving for Market Leadership by Promoting Sustainability Holger Petersen, Umweltbank Nürnberg and Centre for Sustainability Management, University of Lüneburg, Germany  Building a Business Case for Corporate Sustainability Ulrich Steger, Institute for Management Development (IMD), Lausanne, Switzerland  Developing Value: The Business Case for Sustainability in Emerging Markets Jodie Thorpe and Kavita Prakash-Mani, SustainAbility, UK   8. Company cases Managing Sustainability Performance in the Textile Chain Stefan Seuring and Maria Goldbach, Supply Chain Management Centre, Carl von Ossietzky Universität Oldenburg, Germany  Sustainability and Competitiveness in the Renewable Energy Sector: The Case of Vestas Wind Systems Rolf Wüstenhagen, Institute for Economy and the Environment, Switzerland  Path-Dependent Thinking and Ecoproducts: An Empirical Study of Socio-Cognitive Models and Product Propositions of Ford and Volvo Cars Mats Williander, Fenix Centre for Research on Knowledge and Business Creation, Chalmers University of Technology, Sweden  Honda and Toyota: Using Sustainability in a New Competitive Battleground Peter A. Stanwick and Sarah D. Stanwick, Department of Management and School of Accountancy, College of Business, Auburn University, USA  Incremental Change towards Sustainanbility: Integrating Human and Ecological Factors for Efficiency Suzanne Benn, School of Management, University of Technology, Sydney, Australia, and E. Jane Probert, European Business Management School, University of Wales Swansea, Swansea, UK   9. Environmental management systems and competitiveness ISO 14001: Profitable? Yes! But is it eco-effective? Jost Hamschmidt and Thomas Dyllick, University of St Gallen, Switzerland  What Makes Environmental Management Systems Successful? An Empirical Study in the German Manufacturing Sector Boris Braun, Department of Geography, Otto-Friedrich-University, Bamberg, Germany

Biography

Schaltegger, Stefan; Wagner, Marcus

Laden with the vernacular of corporate social responsibility (CSR), the text is clearly not geared toward a lay audience but toward heavyweights – academics conducting empirical research on CSR and business practitioners trying to make corporate social and environmental sustainability a reality. For this audience, the book will prove an indispensable resource ... Instead of validating one approach over the other, the researchers identify the strengths of each strategy. Likewise, the book seeks not to endorse one particular perspective on the corporate sustainability, but rather viewpoints across the spectrum. Indeed, what is impressive about the book is its incredible breadth and depth – which might explain its heft! Read the full review - Bill Baue, socialfunds.com. || I think this book would be an excellent study text for the required reading and study for an MBA or similar, related business study course ... recommended. - Eagle Bulletin Vol. 17, No. 3 (November 2006)