SUSTAINABLE WASTE MANAGEMENT BUSINESS MODELS AS A TOOL FOR ACHIEVING CLIMATE NEUTRALITY
DOI:
https://doi.org/10.37332/Keywords:
sustainable business models, waste management, climate neutrality, circular economy, business model archetypes, resource efficiency, value creation from waste, inclusive value creation, collaborative ecosystems, start-ups, sustainable developmentAbstract
Omelchuk O.M., Shevchuk I.V., Arziantseva D.A., Zakharkevych N.P. SUSTAINABLE WASTE MANAGEMENT BUSINESS MODELS AS A TOOL FOR ACHIEVING CLIMATE NEUTRALITY
Purpose. The aim of the study is to examine the theoretical foundations of formation of sustainable business models, systematise their main archetypes, and identify opportunities for their application and combination by start-ups and established enterprises to improve waste management, create economic, environmental, and social value, and achieve climate neutrality.
Methodology of research. To achieve the stated purpose, the following research methods have been employed: analysis and synthesis ‒ to reveal the essence of sustainable business models and determine their role in waste management; the monographic method ‒ to examine scholarly approaches to the formation of business models for sustainable development; the comparative method ‒ to identify differences between traditional and sustainable business models; classification ‒ to systematise their archetypes; and abstract-logical reasoning and generalisation ‒ to formulate conclusions and practical recommendations.
Findings. The essence of sustainable business models is revealed as a tool for combining economic performance with resource efficiency, waste and emissions reduction, and the creation of societal value. The technological, social, and organisational archetypes of sustainable business models have been systematised. Their potential for waste prevention, reuse, repair, recycling, resource recovery, and value creation from waste has been identified. The feasibility of applying hybrid business models that combine several archetypes has been substantiated. The content of inclusive value creation and collaborative ecosystem models based on the involvement of enterprises, research institutions, public authorities, investors, and civil society organisations has been disclosed. The role of education and youth competence development in designing circular entrepreneurial solutions has been determined.
Originality. The systematisation of sustainable business models for waste management has been improved by supplementing technological, social, and organisational archetypes with inclusive value creation and collaborative ecosystem models. This makes it possible to comprehensively consider the economic, environmental, and social outcomes of their implementation.
Practical value. The research findings can be used by start-ups and established enterprises to develop and transform business models in the waste management sector; by public authorities to support circular and climate-neutral initiatives; and by educational institutions and innovation centres to design and implement educational programmes in sustainable entrepreneurship.
Key words: sustainable business models, waste management, climate neutrality, circular economy, business model archetypes, resource efficiency, value creation from waste, inclusive value creation, collaborative ecosystems, start-ups, sustainable development.
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