Achieving Sustainable Development Goals (SDGs) through Socially Responsible Business Models (SRBMs)

T. Sowdamini, R. Seetha Lakshmi and Aruna Polisetty

Chapter 11 in Socially Responsible Business Models for International Brands, 2026, pp 241-272 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Currently, there is a drastic change in businesses which are slowly moving away from linear economy towards circular economy. More and more businesses are trying to address the environmental as well as social challenges of the current times with innovative concepts. This transformation in thought process can be viewed as a prelude to the wide range of reforms across business activities. Companies with sustainable goals are quite often referred to as Socially Responsible Business (SRB). Traditionally, the business entity’s interest is vested in profit making; however, the SRB operates keeping in mind the environmental concerns. The SRBs not only meet the revenue targets set by the shareholders but also address the environmental concerns pertaining to various stakeholders. In order to achieve this, they operate business models which are sustainable and have a lasting impact on the society and environment. If the companies fail to address the environmental issues concerning their business, they are failing to capture the market of those customers who are inclined towards environmental products. This chapter divulges three such SRBs whose business models are realistic and sustainable for the future.

Keywords: University Social Responsibility; Happy To Chat; Badges; Community Building; Diversity; Inclusion; University; International Students Disinformation; SCR Brand; Socially Conscious Responsible Brand; Greenwashing; False Advertising Algorithmic Control; Gig-Workers; Socially Responsible; Self-Determination Theory; Social Exchange Theory; Motivation; Responsible Investing; Socially Responsible Investing (SRI); ESG; Business Model; Business Model Innovation; Economic Benefits; Liminal Spaces; CSR; Productivity; Employee Well-Being; Innovation; Corporate Social Responsibility (CSR); ESG Management; Business Ecosystem; Sustainability; Social Capital; Organisational Behaviour (OB); Leadership; Strategic Leadership; Internal Compliance; Employee Behaviours; Management In Practice; Socially Responsible Business; Emerging Markets; Marketing Strategies; Integrated Marketing Communication; Social Impact Measurement; Sustainable Goals; Linear Economy; Circular Economy; Social Compliance; Regulation; Garment; Bangladesh; Global Influence; Cryptocurrency; Blockchain; Bitcoin; Tokens; Socially Responsible Business; Smart Contracts (search for similar items in EconPapers)
JEL-codes: L21 M14 Q0 (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789819814916_0011 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789819814916_0011 (text/html)
Ebook Access is available upon purchase.

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:wsi:wschap:9789819814916_0011

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().