EconPapers    
Economics at your fingertips  
 

Evaluation of Data-Driven Sustainability Potential at SMEs Using an Altered Ecocanvas Model

Levente Péter Bálint (), László Várallyai and Szilvia Botos
Additional contact information
Levente Péter Bálint: Doctoral School of Management and Business, University of Debrecen, 138 Böszörményi út, 4032 Debrecen, Hungary
László Várallyai: Institute of Methodology and Business Digitalization, Faculty of Economics and Business, University of Debrecen, 138 Böszörményi út, 4032 Debrecen, Hungary
Szilvia Botos: Institute of Methodology and Business Digitalization, Faculty of Economics and Business, University of Debrecen, 138 Böszörményi út, 4032 Debrecen, Hungary

Economies, 2025, vol. 13, issue 2, 1-25

Abstract: Incorporating sustainability into business operations is likely to become one of the most significant priorities and challenges for companies in the near future. SMEs operating within conventional frameworks often experience constraints when adjusting to evolving circumstances. They frequently lack resources, qualified experts, skills, and capabilities to enable the efficient implementation of DT within the organization. In this paper, Eurostat datasets were analyzed to uncover trends in SME digitalization and sustainability, focusing on patterns in data utilization, employee training, and environmental considerations. These insights were integrated into an altered Ecocanvas sustainability modeling tool to develop a framework supporting their strategic planning and decision-making. It has proven to be a useful tool for this purpose by mapping business processes against sustainability and strategic goals while indicating where digital or alternative solutions can be introduced. SMEs analyze data and consider environmental impacts at different levels based on their size categories. To determine whether these differences are statistically significant, we have performed one-way ANOVA tests. This paper aims to provide a data-driven situational analysis and tool, which outlines the benefits of data analytics from several aspects while offering practical recommendations for company leaders to consider and implement.

Keywords: sustainability; Ecocanvas; ESG; reporting; barriers; SMEs; data-driven (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2227-7099/13/2/49/pdf (application/pdf)
https://www.mdpi.com/2227-7099/13/2/49/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jecomi:v:13:y:2025:i:2:p:49-:d:1590286

Access Statistics for this article

Economies is currently edited by Ms. Hongyan Zhang

More articles in Economies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-04-17
Handle: RePEc:gam:jecomi:v:13:y:2025:i:2:p:49-:d:1590286