Heinz, Dieser Karl (2025) Sustainability in business: The impact of sustainable management on business success. World Journal of Advanced Research and Reviews, 26 (3). pp. 1664-1673. ISSN 2581-9615
Abstract
Sustainability has become one of the key megatrends of our time and is increasingly shaping the economic activities of companies. In view of global challenges such as climate change, resource scarcity and social inequality, the integration of ecological, economic and social aspects is becoming increasingly important. This thesis examines how sustainable management influences corporate success and which instruments can be used to strategically anchor sustainability. Based on an analysis of the historical development of the concept of sustainability, the three dimensions of corporate sustainability and their conflicting objectives are presented. The study focuses on cross-industry concepts such as the sustainability balanced scorecard, environmental management systems and ecological and social balance sheets. These instruments offer starting points for the systematic integration of sustainable goals into corporate practice, but have methodological limitations, particularly with regard to the measurability of successes and holistic implementation. The results show that sustainable strategies can have positive effects on sales, cost structures, innovative capacity, image and risk management. At the same time, there are considerable challenges in practical implementation, such as conflicting objectives between stakeholders, a lack of internal integration and the risk of symbolic politics. Successful sustainable management therefore requires comprehensive strategic anchoring, clear prioritization and active stakeholder management. Companies that integrate sustainability credibly and in depth secure their long-term competitiveness in an increasingly value-focused market environment.
Item Type: | Article |
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Official URL: | https://doi.org/10.30574/wjarr.2025.26.3.2377 |
Uncontrolled Keywords: | Sustainability; Business Success; Life Cycle Assessment; Business success; sustainability strategy |
Date Deposited: | 01 Sep 2025 12:05 |
Related URLs: | |
URI: | https://eprint.scholarsrepository.com/id/eprint/4253 |