Sustainability learnings from the COVID-19 crisis. Opportunities for resilient industry and business development
Sustainability Accounting, Management and Policy Journal
ISSN: 2040-8021
Article publication date: 4 November 2020
Issue publication date: 26 August 2021
Abstract
Purpose
The purpose of this paper is to identify sustainability learnings from origins of epidemics such as COVID-19 and deduct conclusions for businesses to create sustainable futures in three industries, which are strongly affected by Covid-19. Two main questions guide the discussion: How can we break the paths of viral epidemics through accounting for sustainability issues in the supply chain? How can we learn from sustainable supply chain failures to transform industries for sustainable futures?
Design/methodology/approach
This viewpoint provides a conceptual discussion of opportunities and the necessity to develop resilient businesses for three indsutries, which have been particularly affected by the Covid-19 crises.
Findings
To defeat future pandemics, three paths how epidemics develop need to be broken in order to create sustainable development structural transitions beyond degrowth are needed.
Practical implications
The practical implications for this paper are the learnings for management to develop more resilient businesses.
Social implications
By breaking the three paths of pandemic development and by contributing to sustainable futures of sectors, the likelihood of future pandemics can be reduced.
Originality/value
By considering origins and the past of pandemics and with sustainability transformations of businesses, contributions can be made for more sustainable futures of industries.
Keywords
Acknowledgements
The author is thankful to Carol Adams and two anonymous reviewers for their constructive and helpful feedback.
Citation
Schaltegger, S. (2021), "Sustainability learnings from the COVID-19 crisis. Opportunities for resilient industry and business development", Sustainability Accounting, Management and Policy Journal, Vol. 12 No. 5, pp. 889-897. https://doi.org/10.1108/SAMPJ-08-2020-0296
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited