Title: Do business managers in Singapore consider sustainability a sustainable proposition - construing the perception to overcome challenges?

Authors: Easwaramoorthy Rangaswamy; K.S. Raghuram; Shubhra Shukla

Addresses: Amity Global Institute, Main Campus (Tanglin), 3 Kay Siang Road, 248923, Singapore ' Amity Global Institute, Main Campus (Tanglin), 3 Kay Siang Road, 248923, Singapore ' Prescience Technovations Private Limited, 601-A, Siddi Kalyan Complex, YAri Road, Versova, Andheri-West, Mumbai 400061, India

Abstract: Many corporate managers perceive reporting on sustainability as a waste of time and money. An attempt is made to find if such perception has changed ever since Singapore Stock Exchange (SGX) introduced sustainability reporting of environmental, social and governance factors on a 'comply or explain' basis in June 2016. It also analyses the challenges faced while adopting sustainability. It is hypothesised that sustainability holds no significance for business executives post Singapore Stock Exchange guidelines on sustainability reporting. Secondly, it is hypothesised that there are specific challenges in implementing sustainable business practices. Lastly, it is hypothesised that sustainable measures have had a significant impact. It is found that most organisations and individuals perceive sustainability as an essential requirement for businesses considering the threat that rapid urbanisation is posing to the environment and all life forms and it is now an imperative strategy since the unveiling of Singapore sustainability reporting requirements.

Keywords: sustainability; sustainability reporting; manager perception; sustainability challenges.

DOI: 10.1504/IJPSPM.2020.106726

International Journal of Public Sector Performance Management, 2020 Vol.6 No.2, pp.217 - 235

Received: 02 Jun 2018
Accepted: 13 Dec 2018
Published online: 20 Apr 2020 *

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