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Deciphering the Nexus Between Sustainable Development and the Triple Bottom Line: Insights from B Corporations

윤세미|이주현
국제학연구소 (The Keimyung Institute for International Studies)|2024.06|Journal of International and Area Studies|제31권 제1호|pp. 97-120|DOI 10.23071/jias.2024.31.1.97

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systematic literature reviewsustainable developmentsustainabilitysocial impacttriple bottom lineB Corporation
주제분류정치외교학

초록

To accelerate the achievement of UN Sustainable Development Goals, the role of businesses has largely been left to their discretion, which has led to a varied landscape of involvement. This paper clarifies how the impacts of businesses are delivered, framed, and presented through the case of B Corporations. Based on a systematic literature review of the B Corporations, we identify key motivations driving firms to attain the B Corporation certification and factors that enable these firms to deliver sustainable development. Using a cross-scale framework to classify these impacts into micro, meso, and macro-levels, our analysis reveals a growing emphasis on how businesses are perceived in their embedded societies as they adopt strategies to scale up their social and environmental impact. By applying the cross-scale approach, we aim to bridge the emergent gap between management and development literature given the important intersection between businesses and sustainability.

Abstract

To accelerate the achievement of UN Sustainable Development Goals, the role of businesses has largely been left to their discretion, which has led to a varied landscape of involvement. This paper clarifies how the impacts of businesses are delivered, framed, and presented through the case of B Corporations. Based on a systematic literature review of the B Corporations, we identify key motivations driving firms to attain the B Corporation certification and factors that enable these firms to deliver sustainable development. Using a cross-scale framework to classify these impacts into micro, meso, and macro-levels, our analysis reveals a growing emphasis on how businesses are perceived in their embedded societies as they adopt strategies to scale up their social and environmental impact. By applying the cross-scale approach, we aim to bridge the emergent gap between management and development literature given the important intersection between businesses and sustainability.

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