Knowledge Agora



Similar Articles

Title Business-led sustainable consumption initiatives: impacts and lessons learned
ID_Doc 34108
Authors Bocken, N
Title Business-led sustainable consumption initiatives: impacts and lessons learned
Year 2017
Published Journal Of Management Development, 36, 1
Abstract Purpose - To mitigate negative human-induced impact on the planet, consumption patterns need to be changed urgently. The purpose of this paper is to investigate how companies can drive sustainable consumption patterns. Design/methodology/approach - The paper discusses six illustrative cases of sustainable consumption initiatives by companies: their strategies, initiatives and impacts. Findings - A "business-led sustainable consumption strategies framework" was developed to analyse the cases. It was found that companies apply individual, social and wider contextual influencing tactics to encourage sustainable consumption. The case initiatives emerged without regulatory pushes. It was found that collaborative initiatives could be impactful, because multiple stakeholder influence helps normalise new behaviour. Regulation helps to level the playing field in an industry and potentially force absolute consumption reductions. Practical implications - This work provides insight into the potential of business-led sustainable consumption initiatives and the strategies to be used. Companies are making important steps to encourage sustainable consumption, but initiatives have not yet achieved the scale to significantly transform consumption patterns. Further business experimentation with social marketing type of techniques is recommended. Future work is required to map out the most suitable strategies to encourage sustainable consumption by industry. Originality/value - This paper has given new insight in the potential future role of companies in sustainable consumption. Businesses are positioned as the initiators of sustainable consumption patterns: their expertise can be used to stimulate and adopt sustainable consumption patterns with customers. This work sheds light on how businesses can use social marketing-type techniques and business model innovation to drive sustainable consumption. Finally, it contributes to the understanding of the scale and effectiveness of business-led sustainable consumption initiatives.
PDF

Similar Articles

ID Score Article
73613 Yadav, N; Veettil, NMK Developing a comprehensive business case for sustainability: an inductive study(2022)International Journal Of Organizational Analysis, 30, 6
77952 Morioka, SN; Bolis, I; Evans, S; Carvalho, MM Transforming sustainability challenges into competitive advantage: Multiple case studies kaleidoscope converging into sustainable business models(2017)
33984 Bocken, NMP; Short, SW; Rana, P; Evans, S A literature and practice review to develop sustainable business model archetypes(2014)
19029 Diez-Martinez, I; Peiro-Signes, A Transitioning towards sustainability: The 'what', 'why' and 'how' of the integration of sustainable practices into business models(2022)Tec Empresarial, 16.0, 1
78588 Nidumolu, R; Prahalad, CK; Rangaswami, MR WHY SUSTAINABILITY IS NOW THE KEY DRIVER OF INNOVATION(2009)Harvard Business Review, 87, 9
71491 Morgan, E; Tallontire, A; Foxon, TJ Large UK retailers' initiatives to reduce consumers' emissions: a systematic assessment(2017)
22333 Kahupi, I; Hull, CE; Okorie, O; Millette, S Building competitive advantage with sustainable products e A case study perspective of stakeholders(2021)
71690 Verma, S; Diwan, H Marketing innovation for sustainability: Review, trends, and way forward(2024)
77891 Veleva, V The role of entrepreneurs in advancing sustainable lifestyles: Challenges, impacts, and future opportunities(2021)
32802 Jagani, S; Deng, XY; Hong, PC; Nejad, NM Adopting sustainability business models for value creation and delivery: an empirical investigation of manufacturing firms(2024)Journal Of Manufacturing Technology Management, 35, 2
Scroll