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Vol. 24 No. 1 (2024)
Inquietud Empresarial 24(1) Enero-Junio: Special Issue on: "Organizational Studies in Innovation and Sustainability. The New Challenges in a Post Covid Era".

SUSTAINABILITY

Business models towards achieving sustainability: a general review

https://doi.org/10.19053/uptc.01211048.16817

Published 2024-04-19

  • Mariana Marcelino-Aranda
    • ,
  • María del Carmen Martínez-Cuevas
    • ,
  • Alejandro D. Camacho
    • ,
  • Antonio Oswaldo Ortega-Reyes
    • ,
  • Aylin Torres-Ramírez

Mariana Marcelino-Aranda
Unidad Profesional Interdisciplinaria de Ingeniería y Ciencias Sociales y Administrativas; Instituto Politécnico Nacional; Av. Té 950

María del Carmen Martínez-Cuevas
Unidad Profesional Interdisciplinaria de Ingeniería y Ciencias Sociales y Administrativas; Instituto Politécnico Nacional; Av. Té 950, Granjas México, Iztacalco, C.P. 08400, Ciudad de México, México

Alejandro D. Camacho
Escuela Nacional de Ciencias Biológicas, Facultad; Instituto Politécnico Nacional; Prolongación de Carpio y Plan de Ayala s/n, Col. Santo Tomás C.P. 11340 Alcaldía Miguel Hidalgo, Ciudad de México, México

Antonio Oswaldo Ortega-Reyes
Instituto de Ciencias Básicas e Ingeniería; Universidad Autónoma del Estado de Hidalgo; Tulancingo-Pachuca C.P. 42184 Pachuca de Soto, Hidalgo, México

Aylin Torres-Ramírez
División de Ciencias Sociales y Humanidades, Posgrado en Estudios Organizacionales, Universidad Autónoma Metropolitana, Unidad Iztapalapa; Av. San Rafael Atlixco 186, Leyes de Reforma 1ra Sección Iztapalapa, C.P. 09340 Ciudad de México, México

Abstract

Sustainability is a term that has prevailed for decades, from the concern to generate a balance between economic growth and nature, to its integration into the business environment. The latter began for ethical reasons, then as a requirement to comply with regulatory aspects and, recently, according to evidence, to increase market value. The objective of this paper is to present a general review of the different proposals of business models with a sustainable approach, to understand their characteristics, limitations, and the value they offer. A qualitative perspective was applied, through a systematic review of the literature in the Web of Science (WoS) research portal of Clarivate Analytics, and an analysis of 40 documents. Due to their relevance, five proposals stand out: Sustainable Business Model, Green Business Model, Circular Business Model, Sustainable Business Model Innovation, and Green Business Model Innovation. Positioning a company as sustainable implies not only aligning economic objectives with the needs of society and the environment, but also generating and promoting the necessary changes to achieve it.

JEL Codes: M10, Q51, Q56.  

Received: 23/11/2023.  Accepted: 14/03/2024 Published: 19/04/2024.

 

Keywords

Sustantability, Business models, Innovation, Sustainable business thinking, Value creation

PDF (Español)

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