Measuring corporate sustainability in its multidimensionality: A formative approach to integrate ESG and triple bottom line approaches

IF 12.5 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2024-07-12 DOI:10.1002/bse.3872

Silvia Cantele, Stefano Landi, Silvia Vernizzi

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引用次数: 0

Abstract

Corporate sustainability is a multifaceted concept with different definitions and measures proposed by the literature and the standards. This study aims to develop and validate a scale of corporate sustainability implementation that can face the complexity and multidimensionality of the concept. Specifically, the scale was designed around four dimensions (governance, prosperity, planet, and people), a three‐level structure, and a formative approach. The scale validation process entailed the engagement of experts, a survey of 303 Italian firms, and a case study application. The findings highlight the nature of the third‐order construct of sustainability implementation and the relevance of adding the governance dimensions to the most spread triple bottom line approach. As a theoretical contribution, this study argues that the missed recognition of these features could originate differences in previous sustainability measures. Further studies would apply the scale to measure firm sustainability in different contexts and in relationship with relevant drivers and outcomes.

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从多维度衡量企业的可持续发展：整合环境、社会和公司治理与三重底线方法的形成性方法

企业可持续发展是一个多层面的概念，文献和标准提出了不同的定义和衡量标准。本研究旨在开发和验证企业可持续发展实施量表，以应对这一概念的复杂性和多面性。具体而言，量表围绕四个维度（治理、繁荣、地球和人类）、三层结构和形成性方法进行设计。量表验证过程包括专家参与、对 303 家意大利公司进行调查以及案例研究应用。研究结果强调了可持续性实施的三阶结构的性质，以及在最普遍的三重底线方法中增加治理维度的相关性。作为一项理论贡献，本研究认为，对这些特征的遗漏认识可能源于以往可持续发展衡量标准的差异。进一步的研究将应用该量表来衡量不同背景下的企业可持续性，以及与相关驱动因素和结果的关系。

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来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.