How is sustainability concerning ESG considered and assessed in German professional football?
- The German Football League (Deutsche Fußball Liga) officially prioritized sustainability, in terms of ecological, social, and governance, in early 2021, proving the topic should permeate club strategy and be used as an underlying approach for added value and competitive advantage. Starting from the league and club levels, the status quo of sustainability implementation is examined. Next, the correlation between competitive advantage for professional football clubs and sustainability procedures is presented. Based on the literature analysis, a new 5-step Sustainability Development Phase established a concrete plan and direction for clubs for easier application of sustainability measures. With the vast gap between receiving a certified sustainable rating and implementation of sustainable approaches in the Bundesliga, the 5-step Sustainability Development Phase provides a simple framework for clubs to follow from Contributing, Tracking, Reporting, and Certifying.
Document Type: | Working Paper |
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Language: | English |
Author: | Henning ZülchORCiD, Jacqueline Marie Cruz, Benedikt KirschORCiD |
Chairs and Professorships: | Chair of Accounting and Auditing |
Full text/ URN: | urn:nbn:de:101:1-2021122014385173810420 |
Parent Title (English): | HHL Working paper |
Series (Serial Number): | HHL-Arbeitspapier / HHL Working paper (195) |
Place of publication: | Leipzig |
Publisher: | HHL Leipzig Graduate School of Management |
Year of Completion: | 2021 |
Page Number: | 53 |
Licence (German): | ![]() |