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Scientific Article details

Title The relationship between corporate purpose and the sustainable development goals in large Japanese companies
ID_Doc 71731
Authors Sasaki, K; Stubbs, W; Farrelly, M
Title The relationship between corporate purpose and the sustainable development goals in large Japanese companies
Year 2023
Published Corporate Social Responsibility And Environmental Management, 30.0, 5
DOI 10.1002/csr.2498
Abstract Society increasingly expects large companies to broaden their corporate purpose beyond profit maximization, and play a greater role in addressing the United Nations sustainable development goals (SDGs). This article poses the research question: What is the relationship between corporate purpose and the SDGs?, and develops a model to explain this relationship drawing upon semistructured interviews with managers of Fortune Global 500 companies in Japan. The findings suggest two perspectives of corporate purpose, goal-based and duty-based, influence the relationship. Two-thirds of the companies implemented both perspectives and integrated the SDGs at multiple levels in their organizations whereas one-third only implemented duty-based purpose and integrated the SDGs at the operational level. The paper contributes to theorizing the relationship between corporate purpose and corporate engagement with the SDGs drawing upon empirical evidence. The model provides guidance to managers on how to use the purpose to help drive their contributions to the SDGs.
Author Keywords corporate purpose; corporate sustainability strategy; Japanese companies; sustainable development goals
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000968741900001
WoS Category Business; Environmental Studies; Management
Research Area Business & Economics; Environmental Sciences & Ecology
PDF https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/csr.2498
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