Arbeitspapier

The impact economy: Balancing profit and impact

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.

Sprache
Englisch

Erschienen in
Series: Bruegel Working Paper ; No. 2020/04

Klassifikation
Wirtschaft
Thema
Sustainable development goals
corporate governance
economic governance
social impacts
environmental impacts

Ereignis
Geistige Schöpfung
(wer)
Schoenmaker, Dirk
Ereignis
Veröffentlichung
(wer)
Bruegel
(wo)
Brussels
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Schoenmaker, Dirk
  • Bruegel

Entstanden

  • 2020

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