Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/237617 
Year of Publication: 
2020
Series/Report no.: 
Bruegel Working Paper No. 2020/04
Publisher: 
Bruegel, Brussels
Abstract: 
How can governments and companies be jointly empowered to have a positive impact on the sustainable development goals? The current economic system is largely geared towards increasing economic growth. But this could come at the expense of rising social inequality and environmental degradation.This paper examines the link between economic system outcomes and corporate sustainability outcomes. We provide evidence that governments and companies can reinforce each other in their pursuit of sustainable development. Sustainable development is based on three pillars: economic, social and environmental. These pillars should be assessed and balanced in an integrated way. An impact economy, in which governments and companies balance profit and impact, is best placed to achieve the sustainable development goals.
Subjects: 
Sustainable development goals
corporate governance
economic governance
social impacts
environmental impacts
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size
553.13 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.