- 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.
Christen, M.: A theory of the good for a conception of sustainability. In: The Sixteenth Annual International Sustainable Development Research Conference. Conference Proceedings, Hong Kong (2010)
- 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. https://onlinelibrary.wiley.com/doi/full/10.1111/isj.12305
- Corporate Digital Responsibility – CDR
- We define CDR as the set of shared values and norms guiding an organization’s operations with respect to four main processes related to digital technology and data. These processes are the creation of technology and data capture, operation and decision making, inspection and impact assessment, and refinement of technology and data. Lobschat, L., Mueller, B., Eggers, F., Brandimarte, L., Diefenbach, S., Kroschke, M., & Wirtz, J. (2021). Corporate digital responsibility. Journal of Business Research, 122, 875-888.
- An organization intentionally communicates false or misleading green claims. As a result, it might receive an accusation of greenwashing (external distortion element), which in turn negatively affects its legitimacy and results in reputation damage. Seele, P., & Gatti, L. (2017). Greenwashing revisited: In search of a typology and accusation‐based definition incorporating legitimacy strategies. Business Strategy and the Environment, 26(2), 239-252.
- 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.
- Sustainability means meeting our own needs without compromising the ability of future generations to meet their own needs. (Brundtland, 1987)
- Sustainable Use
- To make sustainable use of a system S with regard to a function F and a time horizon L means to use S in a way that does not compromise its ability to fulfill F for a period L.
S may also be called a ‘‘resource’’ in the broadest sense of the term, and the process of fulfilling F can also be called a ‘‘service.’’
- Sustainable development (of society)
- The overall goal of sustainable development (SD) is the long-term stability of the economy and environment; this is only achievable through the integration and acknowledgement of economic, environmental, and social concerns throughout the decision-making process.