The Effect of Sustainable Development Goals on the Sustainability of Multinational Enterprises in the Apparel Industry

The Effect of Sustainable Development Goals on the Sustainability of Multinational Enterprises in the Apparel Industry

Creators Negishi Kanako

Recently, multinational enterprises (MNEs) have become increasingly accountable. They are often expected to work towards global agendas like Sustainable Development Goals (SDGs) in their sustainable management. How can MNEs better implement SDGs in their core business and strategies? This study examines this issue focusing on Inditex, H&M, and Fast Retailing, the largest apparel companies in the world by investigating their reports. Using content analysis, I extract how their practices changed after the SDGs were announced in 2015. The results reveal that the impact of the SDGs is not yet reflected in the companies’ practices from 2016 to 2018. SDGs are still recognized as one of the tools for organizing their businesses in term of sustainability. The results serve as reference for sustainable management by MNEs.

[ISSN]0386-4359

[NCID]AN00019833