Eighteenth International Conference on Environmental, Cultural, Economic & Social Sustainability

Abstract

This is an exploratory study to understand how present sustainability is in the business models of a sample of Latin American companies. For this, two analytical frameworks are used: the Pentadimensional Model developed by a team of professors from the Instituto Tecnológico de Monterrey in Mexico and the Epstein and Buchovar Corporate Sustainability Model. The study also aims to explore how involved top management is in engaging its stakeholders and how deep their connection is with society. We also wanted to assess, how present SDGs are in the business models of the sample of companies according to the perceptions of their executives. The findings highlight that there is not only a considerable amount of ignorance about SDGs, but also how these relate to what their companies do. On the other hand, despite the fact that a good part of the companies say they have strategies in which sustainability has been incorporated, only a minority claims to be in the business of sustainability where actual results are reflected in the financial bottom line.