corporate sustainability

Circular Economy – Chance for Innovation

Circular Economy - Chance for Innovation

Tobias Berndt, Claus Lang-Koetz, Silvia Rummel
Circular Economy is considered one of the most promising concepts on the way to a more sustainable economy. Expectations of a responsible corporate orientation are rising: This is shown by a recent ruling of the Federal Constitutional Court, which demands that Germany must be more ambitious in its climate goals [1]. The EU Green Deal envisages climate neutrality by 2050 and the “Circular Economy Action Plan” calls for more effective use of resources and reserves [2]. This article describes a method that companies can use to develop ideas for circular business models.
Industrie 4.0 Management | Volume 38 | 2022 | Edition 1 | Pages 33-36 | DOI 10.30844/I40M_22-1_33-36
Eco-Innovations in Small and Medium-Sized Enterprises (SMEs)

Eco-Innovations in Small and Medium-Sized Enterprises (SMEs)

The role of public-private partnerships
Erik G. Hansen, Johanna Klewitz, Stefan Schaltegger
In the past ecological (and social) aspects were often dealt with by the legal or compliance department. Ever more often ecological issues are linked with eco-innovations. This almost paradigmatic change of perspective entails that ecological topics are not just seen as cost drivers but as a management area relevant to increase competitiveness and to create business cases for sustainability. Although this view is increasingly adopted it remains fuzzy what really constitutes processes of sustainability innovations. Large companies often have R&D and sustainability departments driving eco-innovations in a professional manner. Small and medium sized enterprises (SMEs), however, depend on other means such as public-private partnerships (PPPs) which can play an important role for the diffusion of eco-innovations in SMEs.
Industrie Management | Volume 29 | 2013 | Edition 5 | Pages 43-48