Reference no: EM132816613
Assignment: Link the answers explicitly to the different questions, but do not repeat the questions. The answers should draw on and refer to the readings of the relevant session, also in the text.
Adequately using supplementary sources, if applicable
Full references of sources used are to be mentioned in a reference list.
1. The different readings identify factors that explain the increase or decrease of corporate social and environmental practices as time evolves.
a. What two internal (i.e., company-specific) factors drive the evolution of corporate social and environmental practices in what way?
b. What two external factors drive the evolution of a company's commitment to social and environmental issues in what way?
2. Corporate sustainability practices may involve tensions between short-term and longer-term imperatives. For what two reasons may such practices lead to conflict for firms between their short-term and longer-term sustainability-relevant practices?
3. The knowledge clip and several articles discuss institutionalization in relation to sustainable business.
a. How would you define the institutionalization of sustainable business, and why is institutionalization important to accomplish sustainable business practices?
b. Wright and Nyberg (2017) discuss the evolution of climate-related practices in Australian firms. How did these practices evolve, and what is the role of institutionalization in this evolution?
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