Business Value and Sustainability An Integrated Supply Network Persp

This book connects business sustainability to supply network-based value creation and enhancement, and tests a number of key propositions in complex supply networks to identify key challenges. Examining practical issues such as carbon trading, green produ

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BUSINESS VALUE AND SUSTAINABILITY An Integrated Supply Network Perspective

Business Value and Sustainability

Ki-Hoon Lee • Stephan Vachon

Business Value and Sustainability An Integrated Supply Network Perspective

Ki-Hoon Lee Griffith Business School, Griffith Univesity Brisbane, Australia

Stephan Vachon Ivey Business School, Western University London, Ontario, Canada

ISBN 978-1-137-43574-3 ISBN 978-1-137-43576-7 DOI 10.1057/978-1-137-43576-7

(eBook)

Library of Congress Control Number: 2016949249 © The Editor(s) (if applicable) and The Author(s) 2016 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Macmillan Publishers Ltd. London

Foreword

Improving sustainability is increasingly important as a global vision and a guiding principle for responsible companies. Businesses have both an enormous undesired impact on global environmental and social issues as well as significant power and abilities to directly and indirectly create environmental and social solutions. As a consequence, pursuing sustainable development induces both serious challenges as well as significant opportunities for businesses. These opportunities and challenges are to a large extent not given or external but depend on how management deals with sustainability topics. Improving eco-efficiency, either as energy efficiency, material efficiency or resource efficiency, has gained a lot of attention as an approach to improve corporate practices by ‘doing the same with less’ or ‘doing more with the same’. Also consistency approaches, focusing on the exchange of toxic, persistent and accumulative materials through biodegradable and less problematic materials, as well as the organization of circular systems like cl