Sustainability-Oriented Business Model Evaluation—A Literature Review

Süß, Anika; Höse, Kristina; Götze, Uwe

doi:10.3390/su131910908

Cited by 11 publications

(10 citation statements)

References 44 publications

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“…The research highlighted the need for diversification in sustainability research, addressing areas like the primary and quaternary sectors, as well as exploring sustainability across companies of different sizes. In summary, these articles provide valuable insights into the multifaceted landscape of sustainability measurement, offering pathways for further exploration and development in the field [7][8][9][10][11][12][13][22][23][24][25][26][27][28][29][30][31][32][33][34].…”

Section: Final Results and Discussionmentioning

confidence: 99%

Reviewing Sustainability Measurement Methods for Enterprises

Serzante,

Khudozhnyk

2023

Sustainability

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This study aimed to identify the most appropriate sustainable evaluation methods for enterprises. To achieve this goal, a literature review has been conducted in order to identify methods for measuring sustainability. The revealed results and further recommendations for future research on this particular topic are then summarised. This research examines various methods of assessing sustainability in enterprises, determines the most widely used techniques, and analyses previous studies on sustainability assessment. The researchers employed a comprehensive literature review methodology to identify methods for measuring sustainability in enterprises. Through a review of more than 40 thousand articles, focussing on the most relevant, this study found a clear trend toward more comprehensive and integrated approaches to measuring sustainability, emphasising the importance of taking into account economic, social, and environmental factors. This research revealed that Asia and Europe were the regions that have been most studied, with a focus on the secondary sector of enterprises. The results of this study are of significant value for measuring the sustainability of an enterprise. This study provides valuable implications, which offer optimised suggestions of the appropriate methodology for companies and academics to select the most suitable sustainability evaluation methods for companies. These results are also a valuable part of the future work of this research, whose main idea is to evaluate the impact of sustainable actions of enterprises on the level of economic development in a country or region.

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Section: Final Results and Discussionmentioning

confidence: 99%

Reviewing Sustainability Measurement Methods for Enterprises

Serzante,

Khudozhnyk

2023

Sustainability

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“…The main (methodological) weaknesses of the suggested methodology are as follows: We adopted a multi‐criteria approach (Süß et al, 2021) within both weak and strong sustainability paradigms by using scores and votes, respectively. However, alternative assessment approaches (e.g., cost–benefit and life cycle) would require additional assessment efforts to estimate economic, social, and environmental features in monetary terms (in cost–benefit analysis) at different times (in life cycle assessment). We did not consider governance issues to a great extent (Bull & Love, 2019), although questions 2 and 14 refer to who and how businesses should be expected to manage mariculture and tourism activities, respectively.…”

Section: Discussionmentioning

confidence: 99%

Sustainable business models and conflict indices for sustainable decision‐making: An application to decommissioning versus reusing offshore gas platforms

Zagonari

2023

Bus Strat Env

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This paper combines theoretical sustainable business models and conflict indices in making practical sustainable (i.e., participatory decisions involving economic, social, and environmental features within weak or strong sustainability paradigms) and rational (i.e., informed and consistent decisions within substantive or instrumental rationality) decisions with respect to what, who, where, when, and how to act. The case study, focused on an offshore gas platform, identified when (i.e., the end as opposed to the beginning of extraction activities) and where (i.e., the economic, social, and environmental contexts of the Adriatic Sea in Abruzzo region, Italy). A face‐to‐face questionnaire, submitted to stakeholders, produced the relative weights required by the tested sustainable business models (Lüdeke‐Freund et al., 2018), and it reached a conclusion about how (i.e., in favor of the majority as opposed to average decisions). An application of a linear conflict index (Fasth et al., 2018) highlighted a lack of stakeholders' representativeness and knowledge and solved these issues with a 50% increase of stakeholders involved and an additional discussion with originally invited stakeholders on specific topics, respectively. In summary, the methodology suggested in this paper produced a (strong) sustainable and (substantive) rational decision about what and who based on relative weights expressed by representative and informed stakeholders being engaged at the smallest cost and with the largest support. Thus, the contribution of this paper is twofold: Theoretically, choices among alternative sustainable businesses depend on the adopted sustainability paradigm, and practically, choices among alternative sustainable businesses should be identified according to the adopted sustainability paradigm.

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“…This section capitalizes on this and derives theoretically the levels along which the combination of business model patterns (or even single sustainability patterns) should be evaluated at the business model design stage. This way, we take a different perspective from the sustainability assessment literature (e.g., Süß et al 2021), which is focused on the evaluation of business model sustainability after implementation. Our discussion of the levels of analysis leads to the definition of truly sustainable business models.…”

Section: Theoretical Derivation Of the Levels Of Analysis For The Ass...mentioning

confidence: 99%

Does the combination of sustainable business model patterns lead to truly sustainable business models? Critical analysis of existing frameworks and extensions

Abdelkafi

Pero

et al. 2023

J Bus Econ

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Business models can be created by combining business model patterns. The use of patterns can stimulate creativity of entrepreneurs and support the design of innovative business models for sustainability. In this article, we analyze the frameworks on sustainable business model (SBM) patterns, which can be mainly classified along the three dimensions of the triple bottom line (TBL): economic, environmental, and social. Furthermore, we introduce the concept of “truly sustainable business models” by drawing on contingency and system theory. We observe that the simple application of the frameworks of business model patterns by combining economic, environmental, and social business model patterns for sustainability into one single business model does not necessarily lead to a truly sustainable business model. Therefore, the combination of patterns along the TBL seems a necessary, but not sufficient condition for achieving true sustainability, and hence, the mere reliance on SBM patterns in business model design can be misleading to entrepreneurs. Our conceptual work advances research related to frameworks on SBM patterns by identifying three critical levels for the analysis of whether a business model is truly sustainable or not. The first level is inherent to the business model as a system; the second is related to the larger system, in which the business model is embedded; and the third is about the contingency factors that can impact the sustainability effectiveness of the business model over time.

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Sustainability-Oriented Business Model Evaluation—A Literature Review

Cited by 11 publications

References 44 publications

Reviewing Sustainability Measurement Methods for Enterprises

Reviewing Sustainability Measurement Methods for Enterprises

Sustainable business models and conflict indices for sustainable decision‐making: An application to decommissioning versus reusing offshore gas platforms

Does the combination of sustainable business model patterns lead to truly sustainable business models? Critical analysis of existing frameworks and extensions

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