Journal of Hotel and Business Management
Open Access

Impact On Business

Impact Business Models evaluate the specific business models designed to create positive social and/or environmental impact beyond the basic operational impact of the business. Impact Business Models focus on the specific positive outcomes that are created for speicific stakeholders of the business, including employees, communities, customers, and the environment, and are marked by more intensive, generally intentional, systems of measurement and management. 15 distinct Impact Business Models are identified within in B Impact Assessment. Environment Benefiting Products & Services Recognizes products and services of a company that are designed to restore or conserve the natural environment (Renewable energy, resource conservation, waste reduction, land or wildlife conservation, pollution prevention, environmental awareness education Designed to Conserve (Wholesale, Agriculture, or Manufacturing) Recognizes comprehensive environmental practices that redesign traditional processes to conserve natural resources