The intersection of business, peace and sustainable development is becoming an increasingly powerful space, and is already beginning to show the capability to drive major global change. This book deciphers how different forms of corporate engagement in the pursuit of peace and development have different impacts and outcomes. It looks specifically at how the private sector can better deliver peace contributions in fragile, violent and conflict settings and then at the deeper consequences of this agenda upon businesses, governments, international institutions and not least the local communities that are presumed to be the beneficiaries of such actions. It is the first book to compile the state-of-the-field in one place and is therefore an essential guide for students, researchers, policy-makers and practitioners on the role of business in peace.

Without cross-disciplinary engagement, it is hard to identify where the cutting edge truly lies, and how to take the topic forward in a more systematic manner. This edited book brings together thought leaders in the field and pulls disparate strands together from business ethics, management, international relations, peace and conflict studies in order to better understand how businesses can contribute to peacebuilding and sustainable development.

Before businesses take a deeper role in the most complicated and risky elements of sustainable development, we need to be able to better explain what works, why it works, and what effective business efforts for peace and development mean for the multilateral institutional frameworks. This book does just that.

part I|60 pages

Theoretical underpinnings

chapter 1|24 pages

Business and peace

A need for new questions and systems perspectives

chapter 2|17 pages

Business, peace, and human rights

A political responsibility perspective

chapter 3|17 pages

The messy business of peace amid the tyranny of the profit motive

Complexity and culture in post-conflict contexts

part II|68 pages

Perspectives on the corporate side

chapter 4|18 pages

Furthering business efforts to reduce social risk and promote peacebuilding

The potential of social impact bonds (SIBs)

chapter 5|29 pages

Beyond rhetoric or reactivity on SDG 16

Towards a principled policy basis for engaging business in peacebuilding

chapter 6|19 pages

From war-torn to peace-torn?

Mapping business strategies in transition from conflict to peace in Colombia

part III|72 pages

Empirical reflections

chapter 7|19 pages

“The only hope left”

Differences between multinational and local company peacebuilding activities in Syria and Iraq

chapter 8|17 pages

The contested role of local business in peacebuilding

Reflections from Sri Lanka and El Salvador

chapter 9|15 pages

Practicing business and peace?

Considerations overheard in the field

chapter 10|18 pages

Large-scale investment management

The peace potential of a sovereign wealth fund