ABSTRACT

Many firms have made progress in the integration of sustainability into their business processes. Faith-based organizations (FBOs), using their religious capital, appear to have a role in corporate sustainability. This role is contextual and manifests itself by leadership, responsible investments and dialogues within and between different communities. These organizations may be regarded by some entrepreneurs as a community problem solver. Several businesses which at one time were purely motivated by profit margins, now, inspired by FBOs, integrate in their business sustainability by means of, for example, environmental management standards and codes of conduct. As a result, CSR, ethical investments, extended producer responsibility, disclosure and reporting have become complementary to their businesses. The chapter discusses several organizations and initiatives, such as the Alliance of Religion and Conservation. Since the 1970s to the present, it has been noticed that religious organizations’ business models and social networks have played critical roles in managing and implementing sustainable actions of individuals and organizations.