EcoBalance 2016 - Responsible value chains for sustainability

Supply chains as a lever for sustainability ?

Supply chains can act as effective mechanisms for raising environmental and social standards but can be very blunt instruments. While supply chain action can bring sustainability gains, it can also have unintended negative consequences and cause considerable resentment at the mismatch between costs and benefits along the chain. This article looks at how and why supply chains are being used to i...

Value Chains for nutrition

Currently, close to 1 billion people suffer from hunger and food insecurity, defined as not having enough calories to live a healthy life. While this number is staggering, the number of people with poor access to nutritious foods rich in essential micronutrients—such as fruits and vegetables, meat, fish, dairy products, and biofortified staple foods—is even more daunting. Deficiencies in micron...

Responsible Sourcing in Supply Chains

We analyze the sourcing decision of a buyer choosing between two supplier types: responsible suppliers are costly but adhere to strict social and environmental responsibility standards, while risky suppliers are less expensive but may experience responsibility violations. A segment of the consumer population, called socially conscious, is willing to pay a higher price for a product sourced from...

Trust law, sustainability, and responsible action

The problem of managing for sustainability is marked by the need to make decisions on behalf of others and by the uncertainties that attend such decisions. However, the economic literature on sustainability has paid scant attention to how decisions on behalf of others might differ from decisions on behalf of oneself. And, when risk has been modeled explicitly, the expected utility hypothesis ha...

Sustainability and Value Creation