Abstract
Companies are facing challenges in sustainable development. These require a strategic adjustment to meet stakeholder expectations. The United Nations Sustainable Development Goals (UN SDGs) represent a profound mission statement for sustainable development. A well-known strategic management tool in the corporate context is the Balanced Scorecard (BSC). A systematic literature analysis was conducted. This analyzes approaches for combining the SDGs and the BSC since the goals were launched in 2015. Only a limited amount of research results exist so far. Four relevant articles could be reviewed. The analysis reveals that no comprehensive, non-industry-specific framework exists for integrating the UN SDGs into the BSC. Consequently, this paper presents a framework to integrate the UN SDGs into the BSC in eight steps. These steps enable companies to implement the Triple Bottom Line into their individual corporate strategy to achieve the objectives of the UN SDGs. This paper also suggests future research directions.
Presenters
Christina BredebachStudent, PhD Candidate, Technical University of Dortmund, Nordrhein-Westfalen, Germany Tobias Rösner
PhD Student, Faculty of Mechanical Engineering - Graduate School of Logistics, TU Dortmund University, Nordrhein-Westfalen, Germany
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
Economic, Social, and Cultural Context
KEYWORDS
UN Sustainable Development Goals, Balanced Scorecard, Sustainable Development, Corporate Strategy
