On the one hand, the economic and social environment is changing in really profound ways and due to this fact neither managers nor investors often are not paying enough attention to the main drivers of changes, especially when it comes to sustainability.
On the other hand, the concept of sustainability is a wide approach everybody is talking about in a period when environmental problems caused by various human activities are requiring serious solutions. As it is well known, the concept found its roots in the United Nations’ 1987 Brundtland Commission Report «Our Common Future» and even earlier in the 1980’s World Conservation Strategy. Starting from a ‘pure’
ecologically based concept in the 1970s and in the World Conservation Strategy, it transformed very quickly into a more comprehen-sive socio-economic approach [1].
Sustainable development is determined as development that «meets the needs of the present without compromising the ability of future generations to meet their own needs».
To understand what the concept of sustainability means for international business, it’s essential to look on the charac-teristics of this paradigm. Two main characteristics are:
«Sustainable development is people-centred in that it aims to improve the quality of human life and it is conser-vation-based in that it is conditioned by the need to respect