CREATING SUSTAINABILITY IN INDUSTRIES THROUGH GREEN HRM

Abstract

Sustainability in industries is not just about focussing social responsibility or maintaining triple bottom line criteria to maximise shareholders’ short -term interests. This paper proposes that sustainability can only be created when business owners transform the way they currently think, challenge economic myths and adopt a systematic & holistic view. This will generate an ideology of leadership that embraces   a set of sustainable values & principles. Sustainable practices will become encapsulated in corporate strategies, balancing hard and soft goals for the long- term interests of multiple stakeholders. To execute such sustainable strategies well demands effective implementation of green human resource management (GHRM) practices in industries. It refers to the policies, practices and systems that make employees of the organisation green for the benefit of the individual, society, natural environment and the business.

Sustainability in organisations/Industries are created when all the functions of Green Human Resource Management (GHRM)- Green Innovation, Green Job Design, Green Recruitment & Selection, Green Induction, Green Performance Management, Green Health & Safety and Green labour relations and management are effectively designed and executed for the long-term benefit of multiple stakeholders.