ABSTRACT

Leadership and development were seen to be so closely aligned to growth and expansion that issues of environmental care were considered to be a distraction. This chapter reviews the core theories and ideas that inform notions of sustainable development, and how sustainable development is subtly different from what often passes for corporate responsibility. Humanity has the ability to make development sustainable to ensure that it meets the needs of the present generation without compromising the ability of future generations to meet their own needs. In the terms of adopting a corporate responsibility (CR) strategy, companies must be open to the challenges presented by stakeholders, and consider how best to deal with their unease. Sustainable development, in many ways, is an issue for society rather than for business. The UN Global Compact continues to expand its reach and now includes an initiative to embed principles of responsible education across the curricula of business schools across the globe.