A Step-by-Step Process towards an Evolutionary Policy Encouraging the Adoption of Sustainable Business Models

Abstract

The increasing awareness on environmental issues and their implications for society and economy, has led policymakers to rethink the legislative and financial measures supporting companies to innovate their business. As a result, companies are encouraged to integrate corporate sustainability (CS) into their value creation. Different from the past approaches, the current policy making process has been inspired by a multi-value creation system, aimed to deeply analyze the present situation, and identify the bottlenecks to design further steps to be taken. In this context, regional authorities cover a pivotal role in financing the pre-competitive phase of innovative and sustainable business models (SBMs). A survey was launched in the Emilia Romagna Region (ERR), analyzing the main factors contributing to maximizing CS. This paper investigates supply chain, welfare, environmental management as well as planning, control and communication strategy together with ecological footprints such as materials, energy, water, plastics, and waste ecological footprints. It gives a twofold contribution: first, it sets the stage for the construction of a theoretical model representing an SBM, and second, it gives a practical contribution by supporting the public administration decision-making in adopting a breakthrough roadmap facilitating the value transfer from industry to society.

Profitable Corporate Sustainability Strategies and Processes Achieve Competitive Advantage in the Construction Industry

“…The first recommendation for action is that CI managers implement the Czelusniak-Serviss PCSBM in preparation for future governmental regulations. Strategic and financial motivations for CS are emphasized for the food, construction, and other industries, however, the CI managers are strongly motivated by regulatory compliance (Paletta et al, 2021). Recently, the government issued green construction-related laws and standards, which protect the environment, further save water and energy (Shurrab et al, 2018).…”

Cambio Climático en la Toma de Decisiones de Pequeñas y Medianas Organizaciones

“…Los recientes esfuerzos económicos y normativos para mitigar los efectos del cambio climático han llevado a pequeños cambios incrementales en grandes industrias intensivas en energía y pequeñas y medianas empresas (en adelante pymes). Sin embargo, cuanto más frecuente y agudos son los fenómenos meteorológicos, como sequías, tormentas y olas de calor, son mayores las medidas proactivas destinadas a animar a las empresas a buscar el valor compartido a través de incentivos para fomentar la innovación y la competitividad para maximizar los beneficios que un modelo de negocio sostenible puede proporcionar al medio ambiente y a la sociedad (Paletta et al,2021).…”

“…De las respuestas obtenidas se evidenció que existe cierto nivel de conocimiento y preocupación sobre la problemática y los entes que están más avanzados en la implementación de medidas son los que se ven impactados por los incentivos que están dados tanto desde el gobierno en la forma de requerimientos legales, como desde el mercado por las demandas de los clientes. En menor medida la capacitación y experiencia previa de algunos decisores influye en la motivación de diseñar modelos de negocio más sustentables (Paletta et al, 2021).…”

Sustainable business practices in manufacturing SMEs: The mediating effect of dynamic capabilities

“…This is because it might be the most comprehensive conceptual framework for SMEs' sustainability. However, experts have found it feasible to maximise earnings while still implementing sustainable business methods (Paletta et al., 2021).…”