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Strategic Alignment of Multinational Corporations with the Doughnut Economy - Advancing Sustainability and Navigating Stakeholder Challenges: A Case Study of Husqvarna Group
2023 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Sustainable development
Sustainable Development
Abstract [en]

The Doughnut Economy integrates social and environmental sustainability into one holistic model. As sustainability becomes more relevant for multinational corporations, it is crucial to explore the possibilities of the Doughnut Economy as a tool for enhancing and visualising corporate sustainability efforts. Therefore, this study examines how multinational corporations' sustainability strategies align with the Doughnut Economy model and explores potential challenges and stakeholder benefits of alignment. Moreover, this interpretive study adopts an inductive approach, employing an exploratory and explanatory case study to contribute to existing theory and practice. Gathering qualitative data through semi-structured interviews with sustainability managers at Husqvarna Group, complemented by the company's 2022 sustainability report as secondary data. Next, thematic analysis was used to analyse the empirical findings, providing a comprehensive understanding of patterns and themes. Overall this study concludes that strategic alignment with the Doughnut Economy enables multinational corporations to enhance sustainability efforts and enables stakeholder benefits. Additionally, there are challenges of alignment due to the Doughnut Economy model’s complexity and limited stakeholder knowledge, however, investments in education and stakeholder engagement can address these challenges. By embracing the suggested strategies and overcoming identified obstacles, multinational corporations can strengthen their alignment with the Doughnut Economy, contributing to a sustainable future.

Place, publisher, year, edition, pages
2023.
Keywords [en]
Doughnut Economy, Multinational Corporations, Stakeholder Theory, Corporate Sustainability, Planetary Boundaries, Sustainable Development Goals
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-60724ISRN: JU-IHH-FÖA-1-20231792OAI: oai:DiVA.org:hj-60724DiVA, id: diva2:1762550
External cooperation
Husqvarna Group
Subject / course
JIBS, Business Administration
Examiners
Available from: 2023-06-19 Created: 2023-06-04 Last updated: 2025-10-13Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
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