Sustainable Business

PA 3

Business models for sustainability

“A business model for sustainability helps describing, analyzing, managing, and communicating (i) a company’s sustainable value proposition to its customers, and all other stakeholders, (ii) how it creates and delivers this value, (iii) and how it captures economic value while maintaining or regenerating natural, social, and economic capital beyond its organizational boundaries.”

Circular economy

The idea of a circular economy  (CE) is to replace the linear ‘cradle-to-grave’ approach with a circular ‘cradle-to-cradle’ model.  It is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.

Sharing economy

An economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the internet.

References

Schaltegger, S., Hansen, E. G., & Lüdeke-Freund, F. (2016). Business models for sustainability: Origins, present research, and future avenues. Organization & Environment, 29(1), 3-10.

Mobilising information systems scholarship for a circular economy: Review, synthesis, and diections for future research. https://onlinelibrary.wiley.com/doi/full/10.1111/isj.12305

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