Integrating UN Sustainable Development Goals into family business practices: a perspective article

Abstract

Purpose

This paper explores the potential for family businesses (FBs) to play a pivotal role in advancing the United Nations (UN) Sustainable Development Goals (SDGs). It seeks to elucidate how FBs' inherent strengths and values can be harnessed to integrate sustainable practices within their operational paradigms.

Design/methodology/approach

The authors employed a literature review to synthesize all the information and identify how FBs' desire to pass on a healthy company to future generations encourages sustainable practices.

Findings

FBs have the potential to contribute significantly to not only their own sustainability but also the broader well-being of society by aligning with the SDGs.

Originality/value

This paper provides practical insights for stakeholders, policymakers and business leaders seeking to foster a more inclusive and environmentally responsible economic landscape.