Corporate Social and Environmental Practices
Instructions
- Link the answers explicitly to the different questions, but do not repeat the questions.
- The answers should draw on and refer to the readings of the relevant session, also in the text.
- Adequately using supplementary sources, if applicable
- Full references of sources used are to be mentioned in a reference list.
Questions
Q1. The different readings identify factors that explain the increase or decrease of corporate social and environmental practices as time evolves.
- What two internal (i.e., company-specific) factors drive the evolution of corporate social and environmental practices in what way?
- What two external factors drive the evolution of a company’s commitment to social and environmental issues in what way?
Q2. Corporate sustainability practices may involve tensions between short-term and longer-term imperatives. For what two reasons may such practices lead to conflict for firms between their short-term and longer-term sustainability-relevant practices?
Q3. The knowledge clip and several articles discuss institutionalization in relation to sustainable business.
- How would you define the institutionalization of sustainable business, and why is institutionalization important to accomplish sustainable business practices?
- Wright and Nyberg (2017) discuss the evolution of climate-related practices in Australian firms. How did these practices evolve, and what is the role of institutionalization in this evolution?