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Law and the Transition to Business Sustainability (Paperback, Softcover reprint of the original 1st ed. 2014)
Loot Price: R3,473
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Law and the Transition to Business Sustainability (Paperback, Softcover reprint of the original 1st ed. 2014)
Series: Perspectives on Sustainable Growth
Expected to ship within 10 - 15 working days
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This book expands on law-related research by examining the legal
aspects of sustainability with a focus on the impact on business
strategies. It recognizes that firms must adopt an integrated
approach to law and sustainability, considering multiple
disciplines and goals, and serve as a forum for bringing together
scholarship from fields such as environmental law, energy,
government regulation and intellectual property. Firms increasingly
have an interest in transitioning to sustainable business practices
that take into consideration the fact that global resources are
finite and will be increasingly scarce. They acknowledge that
current actions have social, economic and environmental
consequences and employ options to ensure that future generations
have the same options and benefits. Examples of sustainable
practices increasingly employed by firms include the
institutionalization of “whole life-cycle” analysis in
marketing and product design, utilization of sustainable inputs and
energy sources, tracking and reporting sustainability performance,
attempting the valuation of future generation prosperity and
happiness as a discounting mechanism, and integrating
sustainability into firm culture and management goals. It is clear
that law and regulation have an extremely important role to play in
the transition to more sustainable business practices. Broadly
stated, law can provide structure for firms responding to forces
that pull transition by enabling sustainability leadership and
competitive advantage through funding models, intellectual property
rights and collaboration means. Additionally, law can work to push
transition by compelling firms to act through regulatory
structures, accounting and governance mechanisms.
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