Evolution of sustainable business models: A study of past, present, and future

Title

Evolution of sustainable business models: A study of past, present, and future

Creator

Ugiwal, Renuka; Jha, Babita

Description

This chapter explores the transformative impact of sustainable business models, tracing their evolution across past, present, and future. It highlights early efforts to balance profitability with environmental and social responsibility and examines how digital technologies-such as AI, blockchain, and IoT-have accelerated this shift. These technologies enhance resource efficiency, reduce waste, and improve supply chain transparency, demonstrated through case studies of leading firms. Emerging trends like circular economies, stakeholder capitalism, and regulatory innovation are discussed alongside challenges like digital equity, data privacy, and infrastructure impacts. The chapter emphasizes collaboration among stakeholders to align digitalization with sustainability, fostering resilient, equitable, and environmentally responsible practices. 2025 by IGI Global Scientific Publishing. All rights reserved.

Source

Transforming Business Through Digital Sustainability Models;pp.453-476

Date

01-01-2025

Publisher

IGI Global

Coverage

Ugiwal R., Christ University, India; Jha B., Christ University, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 979-833730610-0; 979-833730608-7;

Format

online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3373-0608-7.ch020

https://www.scopus.com/pages/publications/105008853065?origin=resultslist