HUMAN CAPITAL DEVELOPMENT FOR SUSTAINABILITY AND CORPORATE SOCIAL RESPONSIBILITY – THE CASE OF KALMAR ASIA

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Abstract

The purpose of this paper is to reflect the commitment of organizations in sustainability and Corporate Social Responsibility (CSR) and explore the key elements of human capital development through a case study of Kalmar Asia, integrating vision, mission, strategy, core values and good practices for sustainable development. Based on the literature search on human capital development from 2007 to 2014 on 27 articles from different countries, it is found that developing a concept human capital development is crucial for corporate sustainable development. This paper intends to highlight the type of leadership in facilitating human capital development; desirable attitude and behavior. A case of Kalmar Asia has been used to link up the output of actualizing UN Principles of Responsible Management Education (PRME) principles – purpose, values, methods, research, partnership, and dialogue into the process of implementing people-related strategy that focus on exploring and developing potential to serve organizations and the community.

Keywords: Sustainability, CSR, UNPRME

Received: 21.01.2017

Accepted: 12.06.2017

How to cite this paper: Yeung, S. M.-C. (2017). Human capital development for sustainability and corporate social responsibility – The case of Kalmar Asia. Corporate Ownership & Control, 14(4-2), 462-470. https://doi.org/10.22495/cocv14i4c2art11