Risking Sustainability: Political Risk Culture as Inhibiting Ecology-Centered Sustainability

Abstract

This exploratory study aims to understand why, and propose remedies for, the treatment of political risk and sustainability as siloed risk areas in risk analyses. I employ an interdisciplinary theoretical approach that focuses on the roles of values and worldviews, stages of sustainability and hybrid knowledge to understand this siloing. The large-N interpretive method used here combines content frequency counts with discourse analysis to examine over 400 corporate communication documents from 37 companies. The study also explores how, through corporate communication, companies that provide political risk analysis convey what is at risk and what counts as sustainability. I argue that the broad shared ‘cultural’ tones of what it means to be in the political risk field pose challenges for integrating political risk and sustainability. The study concludes with several recommendations on how to overcome the current barriers in order to integrate political risk and sustainability in risk analyses.

The Risks of Smart Cities and the Perspectives of Their Management Based on Corporate Social Responsibility in the Interests of Sustainable Development

“…Unlike in previous works (Czech and Puszer 2021;Inshakova et al 2021;Ngo et al 2021;Zhang et al 2021), it was discovered that the impact of the COVID-19 pandemic on the development of smart cities is almost zero (smart cities do not depend on the achievement of SDG 3). Unlike in previous studies (Bibri 2021;Ibrahim et al 2021;Jackson 2021;Mach et al 2021;Sharma et al 2021;Trzeciak 2021), it was proved that the contribution of smart cities to the implementation of the SDGs is wider and goes beyond the limits of SDG 9 "Industry, innovation and infrastructure"-it also extends to SDG 1 (No poverty), SDG 11 (Sustainable cities and communities), SDG 12 (Responsible production and consumption), and SDG 13 (Climate action).…”

“…According to the current concept, smart cities are the manifestation, and the factors that specify them are concentrated within SDG 9 "Industry, innovation and infrastructure" (Bibri 2021;Ibrahim et al 2021;Jackson 2021;Mach et al 2021;Sharma et al 2021;Trzeciak 2021).…”

The Concept of Corporate Social Responsibility Based on Integrating the SDGs into Corporate Strategies: International Experience and the Risks for Profit

“…Only the most successful and stable companies can accept large risks for profit. That is why the non-commercial approach to corporate social responsibility cannot be extended to entrepreneurship, on the whole, i.e., it has limited capabilities for scaling the practices of integrating the SDGs into corporate strategies (Jackson 2021).…”