Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/334840 
Year of Publication: 
2024
Citation: 
[Journal:] Scientific Papers of the University of Pardubice, Series D: Faculty of Economics and Administration [ISSN:] 1804-8048 [Volume:] 32 [Issue:] 2 [Article No.:] 2087 [Year:] 2024 [Pages:] 1-14
Publisher: 
University of Pardubice, Pardubice
Abstract: 
Human-driven changes threaten environmental and economic stability, prompting the formulation of sustainability objectives and innovation efforts to mitigate the negative impacts of economic activities. However, the pace of this transition is often seen as slow, and businesses' commitment to sustainable development is frequently deemed insufficient. In this context, the current study explores the motivational factors that drive businesses to adopt and implement sustainable practices. The findings reveal significant differences in how companies approach social and environmental sustainability and balance it with economic goals. To capture the diversity of motivations behind sustainability initiatives, investments, and related preparatory planning, we propose a model of three types of existing development mindsets in companies, distinguishing between 'a spreadsheet mindset', 'a mindset of strategic capabilities' and 'a value-driven mindset'. This typology serves as a tool for companies to self-assess their motivations as well as for governments to fine-tune sustainability regulations and support mechanisms accordingly.
Subjects: 
Motivation
sustainable practices
metal industry
wood industry
qualitative studies
JEL: 
Q01
M14
L21
Q56
D22
O32
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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