Science – Future of Lithuania / Mokslas – Lietuvos Ateitis, Vol 7, No 2 (2015)

Analysis of Methodological Potential for Evaluation of Corporate Sustainable Development

Danguolė Oželienė (Vilnius Gediminas Technical University, Vilniaus Kolegija, Lithuania)
Rolandas Drejeris (Vilnius Gediminas Technical University, Lithuania)


In the XXth century the concept of public welfare was associated with economic growth and its rate. It was assumed that the economic growth provides society with the needed tools to solve its ecological and social problems. Theory attempted to explain the most important factors influencing economic growth and its efficient management. Yet it was discovered that the market economy system is not capable of solving society’s problems. The new type of world society and economy requires the rapid formation of processes, which reflect changing consciousness of the population. These processes include the rapid development of information technology, globalisation, which highlighted the significance of the environment, and the formation of social movements. Moreover, all the issues arising due to rapid changes can be rationally solved in a sustainable way. The analysis of methods used for evaluation of sustainable development has demonstrated that there is a lack of studies devoted to the assessment of sustainable development at the enterprise level. The most common problem encountered while assessing sustainability of the enterprise at the national and regional levels are the inadequate indicators. These should be based not only on the economic, environmental and social dimensions but as well on the technological and institutional dimensions. Another problem is the unreasonable number of the chosen indicators, which do not represent its distinct significance. This paper analyzed the problems of the concept of sustainable development and its implementation at different levels because the progress can only be made when there are challenges to overcome. The concept of sustainable enterprise was analyzed, followed by a discussion of importance of assessment of sustainability in the enterprises with its positive and negative aspects. Guidelines for future research were also established.

Article in: Lithuanian

Article published: 2015-05-28

Keyword(s): the concept of sustainable development; sustainable development dimensions; sustainable development implementation level; sustainable development indicators; sustainability assessment methods.

DOI: 10.3846/mla.2015.745

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Science – Future of Lithuania / Mokslas – Lietuvos Ateitis ISSN 2029-2341, eISSN 2029-2252
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 License.