Stakeholders and Sustainability: An Evolving Theory [Book Review]

Journal of Business Ethics 109 (1):15-25 (2012)
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Abstract

This conceptual article has three parts: In the first, I discuss the shortcomings of treating the environment as a stakeholder and conclude that doing so is theoretically vague and lacks prescriptive force. In the second part, I recommend moving from broad notions of preserving nature and appeals to beauty to a more concrete analytic framework provided by the idea of human sustainability. Using sustainability as the focus of concern is significant as it provides us with a more tenable and quantifiable standard for action, as in the case of carbon offsets and development of measures such as the United Nations Sustainability Indicators. In the final section, I draw on notions of stewardship to suggest that stakeholder management has a positive responsibility to promote sustainability.

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References found in this work

Principia ethica.George Edward Moore - 1903 - Mineola, N.Y.: Dover Publications. Edited by Thomas Baldwin.
The Concept of Mind.Gilbert Ryle - 1949 - Revue Philosophique de la France Et de l'Etranger 141:125-126.
The Concept of Mind.Gilbert Ryle - 1950 - British Journal for the Philosophy of Science 1 (4):328-332.
Principia Ethica.G. E. Moore - 1903 - Revue de Métaphysique et de Morale 13 (3):7-9.

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