Accounting

NEW TOPIC QUISTION: How does business ethics and/or CSR impact the organizational performance?)

SAMPLE of how you going to do the assignment:

Introduction: (250 words)

The environmental sustainability has a great impact on organizations’ performance in terms of enhancing the overall performance and capabilities, motivate all stakeholders to save the environment, utilize the absorptive capacity to ensure sustainability of the environment and make it as everyone’s role, demonstrated by Dzhengiz, T. and Niesten, E., (2020). Similarly, Wensley, A., (2019) found out that knowledge agents are the ones, who obtain the ability and capability to spread the awareness about the environmental sustainability among the staff members and urge them to achieve the set goals effectively. Moreover, Dzhengiz, T. and Niesten, E., (2020) highlighted that maintaining environmental sustainability helps organizations to apply the ecological foot printing tool that measures all resources utilization in an effective manner, achieve great profitability and productivity that impact effectively on its economic performance, and enables all stakeholders to be engaged in saving the surrounding environment from any potential hazards and wrong practices. Furthermore, De Giacomo, M.R. and Bleischwitz, R., (2020) confirmed that the good impact of environmental sustainability on the business performance are numerous as; organizations stakeholders start to gain more attention towards the environmental sustainability, most contemporary business models pay more attention on the essence of environmental sustainability and its impact on the organizational business performance such as; applying all friendly products and services, as well as technologies and the eco-system of environmental sustainability enables more organizations to share the economic benefits and avoid any kind of monopoly practices. However, Amankwah-Amoah, J., (2020) claimed that the essence of the environmental sustainability can be declined due to the negative impacts of the external factors such as Covid- 19 that makes more organization neglect the concept of environmental sustainability such as; cost cutting, survival, and deprioritizing the environmental sustainability initiatives.

References:

-Amankwah-Amoah, J., 2020. Stepping up and stepping out of COVID-19: New challenges for environmental sustainability policies in the global airline industry. Journal of Cleaner Production, 271, p.123000.

-Dzhengiz, T. and Niesten, E., 2020. Competences for environmental sustainability: A systematic review on the impact of absorptive capacity and capabilities. Journal of business ethics, 162(4), pp.881-906.

-De Giacomo, M.R. and Bleischwitz, R., 2020. Business models for environmental sustainability: Contemporary shortcomings and some perspectives. Business Strategy and the Environment.

-Martínez-Martínez, A., Cegarra-Navarro, J.G., Garcia-Perez, A. and Wensley, A., 2019. Knowledge agents as drivers of environmental sustainability and business performance in the hospitality sector. Tourism Management, 70, pp.381-389.

-De Giacomo, M.R. and Bleischwitz, R., 2020. Business models for environmental sustainability: Contemporary shortcomings and some perspectives. Business Strategy and the Environment.

Appendices:

Appendix 1: Search strategy:

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1-Competences for Environmental Sustainability: A Systematic Review on the Impact of Absorptive Capacity and Capabilities.

2- The principle of the ecological footprint can be applied to the measure the environmental sustainability of business.

3- Raising up and stepping out of Covid-19: New challenges for environmental sustainability policies in the global airline industry.

4-Knowledge agents as drivers of environmental sustainability and business performance in the hospitality sector.

5-Business models for environmental sustainability: contemporary shortcomings and some perspectives.

The reasons of choosing these five articles are many such as: they are latest articles from good reputed journals, their discussions are around the impact of the environmental sustainability on business performance in terms of organizational planning, employees’ productivity, organizational productivity, leadership, and survival and competitive advantages.

Appendix 2: Reviews of articles: each article (150 words)

The environmental sustainability has played a major role in enhancing organizations’ performance and capabilities depending on the managerial competencies in developing the environmental competences in the entire team members. The more aware the staff members along of the management of the importance of environmental sustainability, the more positive all the team members will be performing towards saving the environment. By obtaining the environmental competences, the organizational management will be exhibited itself as a responsible body along with its entire stakeholders towards saving the surrounding environment. Additionally, organizations utilize their absorptive capacity to enhance the environmental sustainability that adds great values to them. The environmental sustainability can start from one individual in a team and spread out in the entire organization such as; carbon footprint, energy consumption, etc. which helps the organization management to solve many problems and issues. Finally, there are many motives that urge organizations to maintain environmental sustainability.

Dzhengiz, T. and Niesten, E., 2020. Competences for environmental sustainability: A systematic review on the impact of absorptive capacity and capabilities. Journal of business ethics, 162(4), pp.881-906.

Due to business activities, the surrounding environment gets affected by these negative activities such as; pollution, misuse the resources, etc. Therefore, business managements started to highlight the necessity to put the ecological foot-printing tool in place to control the negative impact on the environmental and to maintain sustainability for coming generations. There are many reasons beyond the need to apply the ecological foot printing accounting tool such as; insufficient awareness of the dangerous influence environment, lack of motivation, financial constraints, poor legislatives pressure, and the absence of leadership in the staff members. This is impact the importance of maintaining environmental sustainability that add great benefits on the organizational performance such as; enhance the economic performance of the company and engage all stakeholders in saving the surrounding environment. Moreover, organizations are urged to develop a clear communication system among all the stakeholders to maintain the best practices towards the environmental sustainability.

Holland, L., 2003. Can the principle of the ecological footprint be applied to measure the environmental sustainability of business? Corporate Social Responsibility and Environmental Management, 10(4), pp.224-232.

Despite the importance of environmental sustainability for organizations performance, there are external determinants that affects on their commitment towards maintaining environmental sustainability such as Covid-19. Many sectors especially the airline sectors got affected economically badly due to the current pandemic Covid-19 that urges many organizations working in the airlines sector to sidestep the environmental friendly commitment and practices to overcome the financial challenges they are going through Like; Survival, cost cutting, and prioritization of environmental sustainability initiatives. Besides, there are many practices executed by most organizations to maintain the environmental sustainability such as; the adoption of new technologies replacing the old one to save the energy, reduction of carbon emission through using the clean energy as solar power, the innovation capabilities in different areas, etc. Airlines have coped with the current pandemic and adjusted the seating structure by maintaining the social distancing; align with the precautionary measures set by the WHO.

Amankwah-Amoah, J., 2020. Stepping up and stepping out of COVID-19: New challenges for environmental sustainability policies in the global airline industry. Journal of Cleaner Production, 271, p.123000.

The environmental sustainability can take place provided the availability of knowledge agents, who have the capability and ability to provide information and knowledge that helps the organization deal with any environmental issues effectively. Moreover, the environmental sustainability based on the organizational performance such as; hospitality industry. Besides, the knowledge agents help organizations to achieve the set environmentally friendly business goals and objectives. It also helps iincrease the business reputation in terms of consumers perceive environmental sustainability as a value addition by the organization providing go green and friendly products and services. Additionally, maintaining environmental sustainability practices helps organization to avoid any fines and legislations due to not following the best practices of sustaining the surrounded environment. In other words, organizations are in great needs to spread the awareness about the environmental sustainability that urge both internal and external customers to attract more loyal customers who are saving the surrounding environment.

Martínez-Martínez, A., Cegarra-Navarro, J.G., Garcia-Perez, A. and Wensley, A., 2019. Knowledge agents as drivers of environmental sustainability and business performance in the hospitality sector. Tourism Management, 70, pp.381-389.

Due to the good impact of environmental sustainability on the business performance, organizations stakeholders start to gain more attention towards the environmental sustainability. Most contemporary business models pay more attention on the essence of environmental sustainability and its impact on the organizational business performance such as; applying all friendly products and services, as well as technologies. Besides, they put a systematic process of the workflow for all its staff members to save the time, efforts, and maintain quality. More organizations interlink the level of productivity and performance based on their executed business models that urges to implement the environmental sustainability. In addition, the eco-system of environmental sustainability enables more organizations to share the economic benefits and avoid any kind of monopoly practices. Finally, organizations start implementing environmental sustainability that adds a great competitive advantage to them. It is very helpful for organizations to maintain sustainability in all its operations.

De Giacomo, M.R. and Bleischwitz, R., 2020. Business models for environmental sustainability: Contemporary shortcomings and some perspectives. Business Strategy and the Environment.

Appendix 3: Concept Map:

-Enhancing organizations’ performance and capabilities

– Motivate Stakeholders to save the surrounding environment.

-Utilize the absorptive capacity to enhance the environmental sustainability

-Environmental sustainability is each one’s task.

-Organization are urged to apply ecological foot printing tool

-Enhance the economic performance of the company.

– Engage all stakeholders in saving the environment.

-Knowledge agents, who have the capability and ability to provide information and knowledge to maintain sustainability.

– achieve the set environmentally friendly business goals.

-Covid-19 that urges many organizations working in the airlines sector.

– Most organizations aim to maintain the environmental sustainability such as; the adoption of new technologies.

– Replacing the old one to save the energy.

-Reduction of carbon emission.

-Enhance the business performance

-Achieve great competitive advantages.