Family businesses are often at the forefront of sustainability efforts. In this chapter, we describe how an entrepreneurial spirit, values-based partnerships, enabling governance and purpose-driven leadership informed the sustainability agenda at the Jebsen & Jessen Family Enterprise. The company traces its roots to 1895 as one of the few non-British foreign Hongs - a cross-continental trader of supplies and chemicals. The purpose-driven leadership and determination of the Jebsen and Jessen families to build and sustain enduring partnerships and maintain their entrepreneurial drive, shifted their focus towards a green agenda, first at their Singapore operations and then in the 1990s to achieving a circular economy at their Australian garnet mining operations. GMA Garnet, a long-term business partner, was integrated into the Jebsen & Jessen Family Enterprise’s portfolio in a gradual process that lasted 25 years. The Jebsen & Jessen Family Enterprise was able to capitalize on its partnerships, entrepreneurial leadership skills and astute governance mechanisms to achieve social innovation that now serves as a role model, not only in its entire portfolio, but also globally in its industry.
|Título de la publicación alojada||Pioneering family firms’ sustainable development strategies|
|Editores||Pramodita Sharma, Sanjay Sharma|
|Editorial||Edward Elgar Publishing Ltd.|
|Número de páginas||25|
|ISBN (versión digital)||978-1-78990-442-0|
|ISBN (versión impresa)||978-1-78990-441-3|
|Estado||Publicada - 2021|
|Publicado de forma externa||Sí|
Nota bibliográficaPublisher Copyright:
© Pramodita Sharma and Sanjay Sharma 2021.