Applying sustainability practices: Financial and organisational effects
Abstract
Sustainability sparks controversial discussions predominantly because of its vague and unsettled status within the business context. This paper aims to identify the limitations and opportunities of applying sustainability practices. Through studies and case studies, it is suggested that by adopting sustainability practices, a business can have both organisational and financial benefits that are measurable and act as a growth factor, making it a business with purpose. The metrics are not universally accepted, but this can be seen as an advantage, using only those indicators that, by an accredited validation, can be meaningful for the business, the industry and the society it operates in.
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Author's Biography
Eirini Etoimou is chair of the Manchester branch of the Chartered Institute of Procurement and Supply. She is an executive with more than 15 years’ experience in global, senior management positions. Eirini holds a MSc in Procurement, Logistics and Supply Chain Management, MBA in Leadership and Sustainability and speaks four languages. She participates as a guest speaker at universities and at UK and international conferences as a passionate advocate of human rights and specialises in leadership and sustainability. Additionally, Eirini contributes with content about leadership, business strategy, sustainability, procurement strategy and other business topics in academic journals and via social media and online business magazines. Eirini also acts as a volunteer consultant for institutions, supporting them to set their strategic plans.
Citation
Etoimou, Eirini (2020, December 1). Applying sustainability practices: Financial and organisational effects. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 3, Issue 2. https://doi.org/10.69554/MDGC5357.
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