"Social, environmental and economical issues are fundamental to corporate to sustain in long run". In view of this statement, define Corporate Sustainability and describe key aspects, companies as a corporate citizen, sh

The contribution of sustainable development to corporate sustainability is twofold: First, it helps in setting out the areas that companies should focus on i.e., environmental, social, and economic performance. Secondly, it provides a common societal goal for corporations, governments, and civil society to work towards ecological, social, and economic sustainability. However, sustainable development by itself does not provide the necessary arguments for why companies should care about these issues. Those arguments come from corporate social responsibility and stakeholder theory. 'Corporate sustainability' is a business approach that creates long-term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social developments. Corporate sustainability describes business practices built around social and environmental considerations. Corporate sustainability encompasses strategies and practices that aim to meet the needs of the stakeholders today while seeking to protect, support and enhance the human and natural resources that will be the need of the future. As a good corporate citizen, the companies are required to focus on the following key aspects: Absolute Value Creation for the Society. Ethical Corporate Practices. Worth of the Earth through Environmental Protection. Equitable Business Practices. Corporate Social Responsibility. Innovate new technology/process/system to achieve eco-efficiency. Creating Market for All. Switching over from the Stakeholders Dialogue to holistic Partnership. Compliance of Statutes.