Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Sustainability Management among Enterprises in United Kingdom and Saudi Arabia

Author(s): Ali Medabesh, Syed Md. Faisal Ali Khan

The purpose of this study is to investigate evolution of sustainability practices in the United Kingdom and Saudi Arabian business enterprises. The study is descriptive in nature and based on secondary data collected from different journals and review literature. It gives a perspective on how top companies in Saudi Arabia and UK view and conduct sustainability. Major U.K., Saudi Arabian and other global corporations have realized the importance of sustainability measures and related market-based mechanisms. Saudi Arabia is committed to implement sustainable development goals and attaches the highest priority to this endeavor, as commensurate with the Kingdom’s specific context and national principles. Government should offer tax benefits and training to promote transformation of low-carbon enterprises. Sustainable development indicators should be developed by Government to assess the performance of enterprises and violation of these standards should lead to strict disciplinary actions by the government. As a result, this paper can be used by researchers and government to make policy decisions. This is the first time that such an exhaustive study has been carried out based on Saudi Arabia and United Kingdom.