Business strategy with regard to sustainability is currently dominated by an eco-efficiency a p proach that seeks to simultaneously reduce costs and environmental impacts using tactics such as waste minimization or reuse, pollution prevention or technological improvement. However, in practice, eco-efficiency optimization rarely results in improved diversity or adaptability and consequently may have perverse consequences to sustainability by eroding the resilience of production systems. This editorial article contrasts a resilience approach with an eco-efficiency approach as they relate to strategic sustainable development. In some cases, the system attributes that are critically important to resilience - such as spare capacity, reserve resource stocks and redundancy - are in opposition to eco-efficiency. Our most important insight is the realization that investments in what may seem counter to eco-efficiency can nonetheless be important for sustainability.
- Strategic sustainable development
ASJC Scopus subject areas
- Business and International Management
- Geography, Planning and Development
- Strategy and Management
- Management, Monitoring, Policy and Law