A systematic literature review on corporate sustainability: contributions, barriers, innovations and future possibilities

Environ Dev Sustain. 2023 Jan 14:1-35. doi: 10.1007/s10668-023-02933-7. Online ahead of print.

Abstract

This paper aims to understand the current research scenario through published studies on corporate sustainability, emphasizing the environmental approach. Methodologically, this research develops a systematic literature review based on papers published in the Web of Science database in the last ten years. As a result, there was an upward evolution of research on the searched topic, with one hundred fifteen publications in the last three years compared to one hundred six documents published in the previous seven years. It is also observed that studies published at the beginning of the time frame between 2011 and 2020 were more concerned with the adoption of corporate sustainability, while the most recent research focuses on new approaches and methodologies for its implementation. And, with regard to its implementation, one of the main barriers is the incorrect perception of senior managers that the results from corporate sustainability must be more linked to the economic than to the environmental and social spheres. As relevant aspects, this study observed that new technologies, currently led by the 5th generation mobile network (5G) and Fourth Industrial Revolution (Industry 4.0), can contribute to the insertion of corporate sustainability in the industrial context. It also noted that, despite being recent, COVID-19 was considered by several researchers as an event to be considered in terms of corporate sustainability.

Keywords: Corporate sustainability; Environment; Social performance; Social responsibility; Sustainable development; Triple bottom line.

Publication types

  • Review