ABSTRACT

Chapter 7 discusses sustainability from a business ethics perspective. Sustainability is introduced as a major factual, economic, and ethical challenge for business and the economy in the Anthropocene. The chapter defines the concept of sustainability, explains the ethical dimension of sustainability, and demonstrates the relevance of sustainability for contemporary business. The chapter then discusses, with examples, business challenges and business opportunities resulting from sustainability, such as efficiency, strategic advantages, and new markets. Finally, the chapter reflects on normative changes in contemporary business, new types of value- and purpose-driven businesses, and resulting adaptions of the legal framework for business using the example of the benefit corporation.