This conceptual paper examines how organisations can operationalise long-term value creation under ecological constraints. While sustainability frameworks have broadened value creation beyond shareholder interests, they often assume that economic, social, and ecological value can be balanced or optimised simultaneously. From an ecological economics perspective, this is problematic, as economic activity is constrained by ecological systems. Building on ecological economics, the paper develops a hierarchical understanding of value creation in which ecological value constitutes a necessary condition for social and economic value. Accordingly, stakeholder-oriented value creation and sustainability performance are reconceptualised as condition-bound rather than additive processes. The paper introduces Integral Sustainability Performance (ISP) as a conceptual construct that embeds ecological constraints across organisational layers of values, culture, strategy, governance, and business models. ISP links macro-level ecological constraints to organisational processes and provides a basis for operationalizing sustainability performance within ecological limits.
This study examines how environmental, social, and governance (ESG) frameworks can be aligned with green accounting principles in order to incorporate natural capital valuation into sustainability reporting. Although ESG has become a dominant mechanism for non-financial disclosure, its environmental dimension remains l...
Erasmia Angelaki, Stavros Garefalakis, Ioannis Samaras et al.· Sustainability Research in t...· 0 citations
To develop a research method for evaluating accounting for sustainability from the perspective of governing organisational interconnections within dynamic socio-ecological systems.
We develop a research method that evaluates differences between the expected and the accounted-for interconnections between an o...
Massimo Contrafatto, I. Thomson, Helen Tregidga et al.· Accounting, Auditing & A...· 1 citation
Economic development has generated major gains in productivity, technological capability and material prosperity, while also intensifying ecological pressures, unequal value distribution and the separation of financial performance from social contribution. This conceptual article develops the Meaningful Economy as an i...
J. Retolaza, Leire San-Jose· Advances in Social Sciences...· 0 citations
Due to the stricter resource and environmental limitations, it is crucial for enterprises to undertake effective ecological environmental protection duties at the same time as seeking economic benefits. This topic has become an important issue in the study of sustainable business. By applying the theories of natural ca...
Hao Chen, Zhuangzhuang Yin· Scientific Journal Of Humani...· 0 citations
Corporate sustainability has traditionally been evaluated through environmental, social, and economic dimensions. However, increasing sustainability challenges, stakeholder expectations, and regulatory requirements indicate that sustainability extends beyond conventional performance measures and requires an integrated...
Managing ecosystems effectively requires managing the ways in which people interact with them, as opposed to managing ecosystems in isolation. However, management decisions often rely predominantly on biophysical data, leaving socio-economic data on the periphery. The absence of centralised socio-economic data collecte...
A. Coggan, J. De Valck, Diane Jarvis et al.· Ambio· 1 citation
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