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Integrating sustainability into firms' processes: performance effects and the moderating role of business models and innovation
journal contribution
posted on 2023-06-09, 19:50 authored by Jeremy Kent HallJeremy Kent Hall, Marcus WagnerInnovation has been widely regarded as a panacea for sustainable development, but there remains considerable uncertainty about how it will lead to a more sustainable society. We analyze the role of innovation and business models for the link between the integration of sustainable management with other corporate functions and the economic and environmental performance of companies. Drawing on survey data in the manufacturing sector, we apply structural equation modeling to compare differences between business models and the role of different stakeholder groups in a moderation analysis. We find a positive association of the integration of strategic issues and environmental management with the economic and environmental performance of firms. The results also suggest differences in the link between integration and economic and environmental performance, respectively, depending on the type of business model or innovation pursued, and that secondary stakeholders influence sustainability integration.
History
Publication status
- Published
Journal
Business Strategy and the EnvironmentISSN
0964-4733Publisher
WileyExternal DOI
Issue
3Volume
21Page range
183-196Department affiliated with
- SPRU - Science Policy Research Unit Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2019-12-04Usage metrics
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