In the global corporate environment, the profit maximization paradigm has given way to a viewpoint that emphasizes creation of shared value for all stakeholders. This shared value approach makes room for a complex understanding of what constitutes value in the 21st century. As a result, a new holistic business model has been developed that focuses on five dimensions of sustainable performance: economic, governance, social, ethical, and environmental (EGSEE). This EGSEE model is revolutionizing the way businesses conceive of and report on accountability. Today, this transformation is most visible and relevant in Asia.

Business Sustainability in Asia applies the EGSEE sustainability model to an analysis of the key players across Asia, including Mainland China, Hong Kong, India, Indonesia, Japan, South Korea, Vietnam, and more. Through a careful consideration of global, regional, and local trends in sustainability, this book provides insights into how the corporate landscape has evolved and will evolve in the developed and up-and-coming economies of Asia.

As the business paradigm has shifted, the public has increasingly demanded that businesses report on key performance indicators that reflect the EGSEE sustainability performance and values. Such comprehensive reporting, integrating the values of corporate social responsibility with traditional financial performance measures, has emerged on the global stage as part and parcel of international guidelines and, in some cases, requirements. How do these enhanced compliance and reporting trends change the process of doing business in Asia and worldwide? What are the best practices and takeaways for leadership as Asian economies grow in importance? Business Sustainability in Asia provides answers to these and other important questions, bringing tangible benefits to executives, board members, auditors, lawmakers, and others interested in issues of global corporate sustainability.