Sustainable Organisations: Can businesses solve social and environmental issues profitably?
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Sustainable Organizations Ioannis Ioannou, SE Area London Business School Meeting November 20 th , 2012 Can businesses solve social and environmental issues profitably?
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London Business School Assistant Professor of Strategy and Entrepreneurship, Ioannis Ioannou, presents his insights on how organisations can take a greener approach to the way they do business and succeed. This was presented on 20 Nobvember 2012, at a London Business School Meeting. Watch the video footage at http://bit.ly/UrtfYc.
Transcript of Sustainable Organisations: Can businesses solve social and environmental issues profitably?
Sustainable Organizations
Ioannis Ioannou, SE Area
London Business School Meeting November 20th, 2012
Can businesses solve social and environmental issues profitably?
Environmental Phenomena
Manhattan South Ferry subway station flooded with seawater after Sandy
Social Phenomena
The Role of Business
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There is hope ...
Solving S&E Problems Profitably
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Source: Eccles, Robert G., Ioannou, Ioannis and Serafeim, George, The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance; Harvard Business School Working Paper Series 12-035. Available at SSRN: http://ssrn.com/abstract=1964011 or http://dx.doi.org/10.2139/ssrn.1964011
Sustainable Organizations
• Organizations that voluntarily integrate environmental and social issues into their business models and strategy.
• They do so in a way that synergistically co-generates economic as well as social and environmental value.
• Sustainable organizations constitute a fundamentally different type of organization (governance, stakeholder engagement, transparency, accountability).
Thank You!
