Module 3: Sustainable Business Model Canvas
For this activity, we will practice understanding a corporate sustainability business model by developing or improving a fundamental version. We will articulate an approach to addressing contemporary questions and challenges that employs sustainable practices through the creation of a sustainable business model canvas (SLO4). Please research an organization that already incorporates sustainability into its business strategy or can improve its strategy to make the business more sustainable (you can also use your organization from Module 2). For example, the organization Patagonia integrates sustainability into the core of its business practices. PatagoniaLinks to an external site. states, "We’re working toward 100% renewable energy for our globally owned and operated stores, offices, and distribution centers, but the real challenge comes from materials manufacturing, which accounts for about 85% of our emissions every year. We take responsibility for all of it and are determined to work with our partners and vendors to conserve water, remove toxins, and reduce emissions when and wherever possible" (Patagonia Annual Report, 2022, p. 2).
Reference
Patagonia Annual Report. (2022). Patagonia. (https://www.patagonia.com/ownershipLinks to an external site.)
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Please download, complete, and submit this Sustainable Business Model Canvas from your initial research on an organization of interest. Your organization may already incorporate sustainability into its business strategy, or perhaps you see ways to improve its strategy to make the business model more sustainable. There are 13 boxes to complete. Two different in-text citations are required & therefore two separate reference sources. Type the name of the organization at the top of the Sustainability Business Model template. Add your name.
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To help think about sustainable business strategies, please review these Sustainability Innovation examples of sustainable practices. These examples will help us think about how to apply the principles of this example and hopefully make the focal business more sustainable.
Use the Sustainability Business Model in the assignment. The two following Business Models are idea starters.