Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy

Sustainability and innovation are both significant for the development of the business environment. Moreover, sustainable innovation creates a new generation of businesses worldwide that provide products and services characterized by resource efficiency. This paper aims to emphasize an assessment of...

Full description

Bibliographic Details
Main Authors: Ancuta Lucaci, Carmen Nastase, Gabriela Prelipcean
Format: Article
Language:English
Published: Ovidius University Press 2021-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%203/22.pdf
_version_ 1818670300561145856
author Ancuta Lucaci
Carmen Nastase
Gabriela Prelipcean
author_facet Ancuta Lucaci
Carmen Nastase
Gabriela Prelipcean
author_sort Ancuta Lucaci
collection DOAJ
description Sustainability and innovation are both significant for the development of the business environment. Moreover, sustainable innovation creates a new generation of businesses worldwide that provide products and services characterized by resource efficiency. This paper aims to emphasize an assessment of innovative sustainable businesses in Europe. The identification and analysis of businesses that focus on sustainability and innovation are currently necessary since the future of all economies depend on how companies are using the existing resources. Innovative sustainable businesses provide new competitive green solutions that meet human needs. In addition to economic performances, businesses around the world should focus also on social and environmental performances. The methodological approach included a comparative analysis of the Global 100 most sustainable companies and a case study of the most sustainable European business in the world in the field of renewable energy. The index of the Global 100 most sustainable businesses in the world is reported by Corporate Knights, a Canadian research company. The results of the research highlighted that European countries have the most sustainable businesses in the world. The company included in the case study can become best practice for the other European countries that were not included in the Global 100 ranking. Innovative sustainable businesses are the future of Europe because they provide socio-economic and environmentally performances.
first_indexed 2024-12-17T07:05:55Z
format Article
id doaj.art-cdc2813ecb014be29f2a08e362841c34
institution Directory Open Access Journal
issn 2393-3127
language English
last_indexed 2024-12-17T07:05:55Z
publishDate 2021-01-01
publisher Ovidius University Press
record_format Article
series Ovidius University Annals: Economic Sciences Series
spelling doaj.art-cdc2813ecb014be29f2a08e362841c342022-12-21T21:59:11ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272021-01-01XXI1328335Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable EnergyAncuta Lucaci0Carmen Nastase1Gabriela Prelipcean2„Stefan cel Mare” University of Suceava„Stefan cel Mare” University of Suceava„Stefan cel Mare” University of SuceavaSustainability and innovation are both significant for the development of the business environment. Moreover, sustainable innovation creates a new generation of businesses worldwide that provide products and services characterized by resource efficiency. This paper aims to emphasize an assessment of innovative sustainable businesses in Europe. The identification and analysis of businesses that focus on sustainability and innovation are currently necessary since the future of all economies depend on how companies are using the existing resources. Innovative sustainable businesses provide new competitive green solutions that meet human needs. In addition to economic performances, businesses around the world should focus also on social and environmental performances. The methodological approach included a comparative analysis of the Global 100 most sustainable companies and a case study of the most sustainable European business in the world in the field of renewable energy. The index of the Global 100 most sustainable businesses in the world is reported by Corporate Knights, a Canadian research company. The results of the research highlighted that European countries have the most sustainable businesses in the world. The company included in the case study can become best practice for the other European countries that were not included in the Global 100 ranking. Innovative sustainable businesses are the future of Europe because they provide socio-economic and environmentally performances.https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%203/22.pdfsustainable innovationbusinessescase studyrenewable energy
spellingShingle Ancuta Lucaci
Carmen Nastase
Gabriela Prelipcean
Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy
Ovidius University Annals: Economic Sciences Series
sustainable innovation
businesses
case study
renewable energy
title Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy
title_full Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy
title_fullStr Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy
title_full_unstemmed Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy
title_short Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy
title_sort assessment of innovative sustainable businesses in europe a case study in the field of renewable energy
topic sustainable innovation
businesses
case study
renewable energy
url https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%203/22.pdf
work_keys_str_mv AT ancutalucaci assessmentofinnovativesustainablebusinessesineuropeacasestudyinthefieldofrenewableenergy
AT carmennastase assessmentofinnovativesustainablebusinessesineuropeacasestudyinthefieldofrenewableenergy
AT gabrielaprelipcean assessmentofinnovativesustainablebusinessesineuropeacasestudyinthefieldofrenewableenergy