2024
DOI: 10.3390/su16020537
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Blueprints to Benefits: Towards an Index to Measure the Impact of Sustainable Product Development on the Firm’s Bottom Line

Muhammed Sajid,
Myriam Ertz

Abstract: This study pioneers the development of the Sustainable Product Impact (SPI) Index, a novel framework designed to bridge the gap in existing sustainability assessment methodologies by focusing specifically on the influence of sustainable product development on a firm’s financial outcomes. For the first time, this research draws on the core principles of economics, marketing, and environmental sciences research fields to provide a comprehensive tool that enables businesses to quantify the multifaceted impacts of… Show more

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Cited by 4 publications
(2 citation statements)
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“…Equation ( 17) represents the unique constraint of the product variant. Equation (18) indicates that every basic module only selects one module instance. Equation ( 19) represents the product quantity constraint.…”
Section: Hjo Decision Making Of Pfa and Smpsmentioning
confidence: 99%
See 1 more Smart Citation
“…Equation ( 17) represents the unique constraint of the product variant. Equation (18) indicates that every basic module only selects one module instance. Equation ( 19) represents the product quantity constraint.…”
Section: Hjo Decision Making Of Pfa and Smpsmentioning
confidence: 99%
“…Sustainable solutions encompass the selection of raw materials, processing methods, recycling methods, and end-of-life processing methods. Furthermore, these two types of decision problems entail diverse decision criteria, such as customer utilities, pur-chase preferences, modularization, and comprehensive sustainable certification standards, which encompass cost, quality, emissions, and energy consumption, among others [18]. Dealing with multi-dimensional and heterogeneous decision criteria in the optimization problem presents another challenge in this paper.…”
Section: Introductionmentioning
confidence: 99%