The role of sustainable development in reconceptualizing organizational performance

Abstract

In recent decades, the intensification of social, economic and environmental challenges has led to a reassessment of how organizational performance is understood and measured. The traditional model, based almost exclusively on financial indicators, such as profit, profitability, or economic and financial growth, is increasingly criticized because it does not capture the long-term impact of the organization's activities and ignores the social and environmental dimensions of sustainable development. The aim of this study is to capture the main aspects of company performance reporting in the current sustainability context. Non-participatory observation was used as the research method and the entire approach focused on a descriptive analysis based on information gathered from various sources, such as competent bodies, the media and specialized literature. The originality of this article lies in the fact that the data is the most recent available and as future research directions, we consider presenting the impact of future sustainable development requirements on the company's future evolution.