1st ICAI 2020

International Conference on Automotive Industry 2020

Mladá Boleslav, Czech Republic

preferences across four studied continents. In addition, this method is computationally easy and traceable.

2. Literature review

2.1 Corporate sustainability Corporate sustainability is currently considered to be one of the leading value-increasing strategies of industrial corporations (Lo and Sheu, 2007). The sustainability concept was presented in ‘Our Common Future’ report by the World Commission on Environment and Development (Brundtland Commission) in 1987 (WCED, 1987). This report defined sustainability as ‘the development that meets the needs of the present without compromising the ability of future generations to meet their own needs’ and introduced three dimensions of sustainability: economic growth, environmental protection, and social equality. This model was further developed into the TBL concept (Elkington, 1998), which attempts to treat all the three dimensions of sustainability with equal importance and thus could be considered an integrative theory of sustainability (Das, 2017). Most definitions of the corporate sustainability are based on the TBL concept. The most respected definition is by Sikdar (2003): “Sustainability is a wise balance among economic development, environmental stewardship, and social equity”. Lijo and Gopalakrishnan (2015) defined the corporate sustainability in a similar way as “the complete plan of ethical action for an organization which is attempting to transform itself into sustainable, i.e. to become pro-environmental, pro-social, and traditional proeconomic”. 2.2 Sustainable development goals The 17 SDGs (and 169 sustainable targets) are the world’s plan to build a sustainable planet by 2030. Adopted by all United Nations Member States in 2015, the SDGs are a call for action by all countries to promote prosperity while protecting the environment (United Nations, 2020): 1. No poverty: End poverty in all its forms everywhere. 2. Zero hunger: End hunger, achieve food security and improved nutrition and promote sustainable agriculture. 3. Good health and well-being: Ensure healthy lives and promote well-being for all at all ages. 4. Quality education: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. 5. Gender equality: Achieve gender equality and empower all women and girls. 6. Clean water and sanitation: Ensure availability and sustainable management of water and sanitation for all. 7. Affordable and clean energy: Ensure access to affordable, reliable, sustainable and modern energy for all. 8. Decent work and economic growth: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

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