SHS Web Conf.
Volume 115, 2021Current Problems of the Corporate Sector 2021
|Number of page(s)||7|
|Section||Corporate Problems in the Digital World|
|Published online||14 July 2021|
Sustainability Concept in the Digital Age: New Opportunities for Companies
University of West Bohemia, Faculty of Eonomics, Department of Finance and Accounting, Univerzitni 22, 306 14 Pilsen, Czech Republic
* Corresponding author: email@example.com
Sustainability and digitalization are two of the most powerful phenomena of recent times. The phenomena of digitalization and sustainable development are each separately massively explored, but their intersection is subject only to a few of undertaken researches. The paper aims to expand existing sustainability research by incorporating the current digital environment. In particular, the paper explores the relationship between sustainability and digitalization and maps the potential of digitalization benefits for sustainability issue of companies on the base of conducted literature review and content analysis of published researches in this field. As the results shown, digitalization brings new opportunities and challenges in the management of organizations, as well as the fulfilment of their sustainability strategy. It is time to rethink the concept of sustainability and update it in the light of the development of digitalization. Digitalization is becoming an essential part of business.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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