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volume 13 issue 15 pages 8624

From Stakeholder Communication to Engagement for the Sustainable Development Goals (SDGs): A Case Study of LG Electronics

Publication typeJournal Article
Publication date2021-08-02
scimago Q1
wos Q2
SJR0.688
CiteScore7.7
Impact factor3.3
ISSN20711050
Renewable Energy, Sustainability and the Environment
Geography, Planning and Development
Management, Monitoring, Policy and Law
Abstract

While multi-stakeholder engagement is critical to achieving the Sustainable Development Goals (SDGs), there is less understanding in the literature about how the private sector can enhance such engagement at an institutional level. In this study, we examine the case of LG Electronics (LGE), one of South Korea’s most sustainable firms. This case study highlights the key strategies that LGE employed in engaging stakeholders for the SDGs, with a focus on stakeholder scope and engagement over three phases: (1) stakeholder communication; (2) stakeholder involvement; and (3) stakeholder engagement. In addition, this paper emphasizes governance mechanisms that facilitated more effective stakeholder engagement, including the company’s Corporate Sustainability Management (CSM) strategies, CSR Committee and Sustainability Management Council. These findings also highlight the usefulness of the common language provided by the SDGs in stakeholder engagement and provide practical implications for the private sector in contributing to the shared global agenda.

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GOST |
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GOST Copy
Jun H., Kim M. From Stakeholder Communication to Engagement for the Sustainable Development Goals (SDGs): A Case Study of LG Electronics // Sustainability. 2021. Vol. 13. No. 15. p. 8624.
GOST all authors (up to 50) Copy
Jun H., Kim M. From Stakeholder Communication to Engagement for the Sustainable Development Goals (SDGs): A Case Study of LG Electronics // Sustainability. 2021. Vol. 13. No. 15. p. 8624.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.3390/su13158624
UR - https://doi.org/10.3390/su13158624
TI - From Stakeholder Communication to Engagement for the Sustainable Development Goals (SDGs): A Case Study of LG Electronics
T2 - Sustainability
AU - Jun, Hannah
AU - Kim, Minseok
PY - 2021
DA - 2021/08/02
PB - MDPI
SP - 8624
IS - 15
VL - 13
SN - 2071-1050
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{2021_Jun,
author = {Hannah Jun and Minseok Kim},
title = {From Stakeholder Communication to Engagement for the Sustainable Development Goals (SDGs): A Case Study of LG Electronics},
journal = {Sustainability},
year = {2021},
volume = {13},
publisher = {MDPI},
month = {aug},
url = {https://doi.org/10.3390/su13158624},
number = {15},
pages = {8624},
doi = {10.3390/su13158624}
}
MLA
Cite this
MLA Copy
Jun, Hannah, and Minseok Kim. “From Stakeholder Communication to Engagement for the Sustainable Development Goals (SDGs): A Case Study of LG Electronics.” Sustainability, vol. 13, no. 15, Aug. 2021, p. 8624. https://doi.org/10.3390/su13158624.