At the same time, disparities in various aspects of economic and social well-being within groups, among groups or between countries have increased, and environmental degradation has also intensified. Due to an expanding network of external and internal stakeholders, the intensified and growing inequality and the continued deterioration of the environment, corporate strategy needs to balance the interests of economic profit with the social and environmental welfare of a globalized society. The model aims to increase our understanding of the origins of SRB and the way SRB principles, practices and enablers interact with other aspects to create value for a sustainable future. Moreover, this model meets the needs of both private and public stakeholders by bridging the gap between the theory and practice of SRB.