Key principles of Buddhist economics are discussed in relation to the private sector's role in contributing to sustainable development. It is suggested that many aspects of a Buddhist approach are consistent with recent developments in the field of corporate social responsibility. But a more radical approach to that concept is required if we are to attain anything close to sustainable development. That approach is well informed by notions of Buddhist economics.
Keywords: Buddhist economics, sustainable development, corporate social responsibility, environmental management, CSR, green economics, sustainability, private sector