An In-Depth Analysis of Barriers to Corporate Sustainability

Abstract

Recent decades have witnessed an unprecedented demand for corporate sustainability. Driven by a desire to remain competitive amidst economic turmoil and climate change, organisations are embedding sustainable measures into their long-term goals and strategies. Despite such progress, corporate sustainability is taking longer than anticipated, and to understand the reasons behind the delay, this research employs a systematic literature review to identify and categorise the key barriers to the adoption of corporate sustainability. A collection of barriers from 56 articles is established, totalling 90 unique barriers grouped into six main categories. The findings reveal that corporate sustainability is highly complex, emphasising the need for a transdisciplinary approach that incorporates various theoretical frameworks. The findings will be a general guide for any organisation to prepare itself for tackling sustainability barriers while equipping policymakers in developing policies aimed at reducing their magnitude. Equally, it will provide insights to institutions of higher learning on the significance of cross-industry cooperation to ensure skill gaps are addressed at earlier stages and aligned with organisational needs.

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