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Fitting together the building blocks for sustainability: a revised model for integrating ecological,social, and financial factors into business decision-making
Institution:1. Department of Energy Science and Engineering, Indian Institute of Technology Bombay, 400076, India;2. Rural Electrification Corporation Limited (REC), New Delhi, 110003, India;3. Department of Built Environment and Energy Technology, Linnaeus University, 351 95 Växjö, Sweden
Abstract:Companies committed to integrating sustainability concerns into product decisions are confronted with the daunting task of assessing hundreds, or thousands, of materials and goods. Further complicating efforts have been the rapid growth of environmental and social assessment principles, strategies, actions, and tools. The lack of clarity on how existing approaches are complementary or distinct has resulted in ambiguities about pathways forward for companies. This current state of the field highlights the need to draw out interconnections between the wide range of current work on integrating environmental and social issues into material, product, and other business decisions.This article—developed through collaboration among several environmental, social, and sustainability-oriented researchers and practitioners—addresses this need through building upon pre-existing work J. Cleaner Prod. 10(3) (2002) 197; J. Cleaner Prod. 8(3) (2000) 243]. It proposes adaptations on a framework for organizing the assessment field, including development of exemplary sustainable product characteristics and their inclusion in a “strategic sustainable development” decision-making model and process J. Cleaner Prod. 10(3) (2002) 197]. The article also argues for an expansion of analytical approaches within this previously developed framework in order to highlight social aspects of sustainability and landscape-level issues. Finally, the article puts these elements together to describe a pathway forward for companies. In the conclusion, areas for future research are highlighted.
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