Theoretical Framework of Sustainable Business Models
Anna Spoz (aspoz@kul.lublin.pl)
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Anna Spoz: John Paul II Catholic University of Lublin
Chapter Chapter 2 in Fuzzy Business Models and ESG Risk, 2023, pp 5-28 from Palgrave Macmillan
Abstract:
Abstract The chapter presents the issue of ESG and defines the state of research in this field. The second part of the chapter is devoted to the issue of a sustainable business model and the challenges that companies face in this scope. The last part of the chapter describes a sustainable business model in financial institutions. The chapter especially points out the importance of the concept of sustainable development which makes the incorporation of ESG factors into the business model a natural necessity for modern entities that want to gain or maintain a competitive advantage on the market. The chapter discusses the role of ESG factors in the decision-making processes of the companies and its operating strategy.
Keywords: Business models; Fuzzy approach; Business model canvas; Triple bottom-line approach; Sustainability (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-031-40575-4_2
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DOI: 10.1007/978-3-031-40575-4_2
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