What are the key components of a sustainable business model innovation (SBMI) framework?5 answersA sustainable business model innovation (SBMI) framework comprises essential components such as internal and external factors influencing SME acceptance of SBMI, the interplay between SBMI and green technology innovation (GTI) for sustainable corporate performance, the role of Design Thinking in creating and innovating SBMs through methodologies like workshops, brainstorming, and prototyping, the key capabilities required for BMI including Architecture, Reputation, and Innovation, with innovation policy as a moderator, and a proposed scale for SBMI encompassing sustainable value proportion innovation, sustainable value creation and delivery innovation, and sustainable value capture innovation. These components collectively contribute to the development and implementation of sustainable business models that drive organizational success and societal impact.
What are the key components of sustainable development?4 answersThe key components of sustainable development include economic, environmental, and social dimensions. Sustainable development aims to build an inclusive, sustainable, and resilient future for people and the planet. It involves satisfying present needs without compromising future resources and encompasses natural resource conservation, cultural heritage preservation, revenue generation, economic growth, employment creation, and wildlife conservation. Sustainable development also emphasizes the importance of responsible behavior, balancing the economy, socio-cultural practices, and environmental protection. The three components of sustainable development, economic, social, and environmental, are highlighted, and organizations strive to achieve a green image based on sustainable business concepts. Additionally, sustainable development requires managing natural resources, ecosystems, and the environment, including people, to promote a safe and sustainable future for all. Implementing sustainable development principles in business practice and the national economy is crucial for ensuring economic well-being, competitiveness, and reducing environmental burdens.
What are the important aspects of sustainable livelihood framework?5 answersThe important aspects of the sustainable livelihood framework include the context of livelihood, assets, institutions, strategies, and outcomes. The context of livelihood refers to the specific conditions and environment in which livelihoods are pursued. Assets encompass the five capital assets: human, financial, physical, natural, and social, which are essential for sustaining livelihoods. Institutions refer to the structures and processes that shape livelihood opportunities and outcomes. Strategies are the actions and approaches employed by households to achieve their livelihood objectives. Outcomes are the results and impacts of livelihood activities. The sustainable livelihood framework provides a holistic and multidimensional approach to understanding and assessing livelihoods, taking into account various factors and dimensions that influence livelihood sustainability.
How does the implementation of sustainable palm oil certification among independent smallholders affect the economy?5 answersThe implementation of sustainable palm oil certification among independent smallholders has both social and economic benefits. Smallholders who achieve certification experience improvements in their livelihoods, social networks, agricultural practices, financial management, income, price, and production. However, the process of obtaining certification can be challenging for independent smallholders due to upfront and recurrent costs, as well as complexities in meeting certification standards. Successful certification is often dependent on external facilitators and the pre-certification conditions of smallholders, such as clear land legality and group organization. Incentives, such as higher prices for fresh fruit bunches (FFB) and easier access to loans, can accelerate certification and increase smallholders' motivation to participate. To further enhance the economy, certification projects should involve more local actors, including local governments and certified smallholder groups. Overall, the implementation of sustainable palm oil certification among independent smallholders can contribute to their economic development and the achievement of global sustainability goals.
What is sustainability framework?4 answersA sustainability framework is a method used to assess and determine the most sustainable option among alternatives based on multiple sustainability indicators. It involves the normalization and aggregation of data to ensure accurate and reliable results. Different approaches and mathematical functions are proposed in the literature to achieve this goal. The proposed frameworks aim to incorporate various characteristics of normalization and aggregation processes and identify appropriate mathematical functions that satisfy these characteristics. These functions include the min-max normalization function and an antinorm-based aggregation function. The applicability of these frameworks has been demonstrated through case studies in various fields such as electricity generation, biodiesel supply chain, and negative emission technologies. The proposed frameworks can also be utilized for multi-criteria decision-making.
How can a sustainable livelihood framework be used to improve the lives of people living in poverty?3 answersA sustainable livelihood framework can be used to improve the lives of people living in poverty by assessing their multidimensional poverty status, identifying the causes of poverty, and designing targeted poverty reduction programs. The framework evaluates various livelihood capitals, including natural, physical, financial, social, human, and cultural capital, to understand the resources and capabilities available to individuals. By measuring the enhancement of livelihood capital and promoting the coordinated development of all capital components, the framework aims to improve the overall well-being and resilience of impoverished populations. Additionally, the framework helps in monitoring and evaluating the effectiveness of poverty alleviation policies, such as targeted poverty alleviation (TPA) policies, in promoting sustainable livelihoods. It also emphasizes the importance of addressing the specific needs and vulnerabilities of different groups, such as minority areas and former enclaves, to ensure inclusive and equitable development. Overall, the sustainable livelihood framework provides a comprehensive approach to understanding and addressing poverty, enabling the design and implementation of effective poverty reduction measures.