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A sustainable organisation must balance its economic needs with social and environmental priorities. The Balanced Enterprise Research Network seeks to generate new insights into the ways in which businesses can better balance economic, social and environmental concerns and create shared value for a broad range of stakeholders (including shareholders, employees, consumers, communities and society). Our network explores how business, government, and not-for-profit enterprises strategically create and manage this balance in their day-to-day operations. As one of the research priority areas of the University of Sydney Business School, we aim to foster the creation of innovative and influential research which informs the ways in which organizations can anticipate and respond to the key challenges of the coming decades including environmental degradation, climate change, poverty, social inclusion, and financial stability.
Over the last two centuries, the growth of our modern global economy has been fundamentally based upon the exploitation of cheap fossil fuel based energy. However, as climate science has highlighted, the combustion of fossil fuels and resulting greenhouse gas emissions now pose an existential threat to our environment, and indeed, the very future of human society.
A soon to be published book co-authored by the Business School's Professor of Organisational Change, Dr Christopher Wright, says that corporate management is evolving in a way that could spell the end of the multi-billion dollar consulting sector. Read more
The property sector must now take "big bold steps" rather than rely on incremental change to ensure that our cities of the future are more environmentally, socially and economically sustainable. This was the key message from world leaders in the field of business sustainability who spoke at a ground breaking symposium hosted by the Business School's Balanced Enterprise Research Network (BERN) and the sustainability consultancy, Morphosis. Read more
The private sector will need to invest 20 to 30 times the amount currently being spent by governments and the not-for-profit sector in order to halt damaging climate change, according Adjunct Professor (Finance) Mark Burrows. Read more
University of Sydney researchers say that the loss of biodiversity due to population growth, the use of fossil fuels, climate change and globalised economic activity, is now systemic and virtually impossible to halt. Read more
In an opinion piece following the repeal of the carbon tax, Dan Cass suggests focusing efforts on renewable energy, rather than a price on carbon, as a way to implement positive changes.
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