ABSTRACT
Corporate Sustainability and global competition are vital values to companies. Corporate Sustainability forces companies to move forward, both developing and changing current business strategies, policies, and operations. Corporate Sustainability in a competitive and risky business environment includes developing a corporate risk strategy, tone at the top, a creative and proactive approach, continuing development, decision making in a timely manner, and a holistic approach: Enterprise Risk Management. According to Perrini and Tencati Corporate Sustainability depends on the sustainability of its stakeholder relationships. Corporate Sustainability is a new and developing managerial approach to Contemporary Business and Management. The Enterprise Sustainability Risk Management model offers a systematic and holistic way to both organizational transformation and Corporate Sustainability via a human-centered approach. The underlying premise of Enterprise Risk Management is that every entity exists to provide value for its stakeholders. According to Hutton et al. Sustainable Development Strategy is the heart of the model. Sustainable Development has three main components: economic, social, and environmental.
