Business Models for Sustainability

Abstract

The concept of business models for sustainability (BMfS) has attracted research attention in the fields of corporate sustainability, entrepreneurship and management. BMfS are a way of linking sustainable innovation to an organization’s business model, and as a means for management to operationalize sustainable activities and strategies across an organization’s value chain. This chapter provides the history and description of BMfS as both a tool and conceptual logic that divides activities into three components – value proposition, value creation and delivery, and value capture. Practitioner tools are introduced, along with a brief conceptual overview.