Digitalization and corporate responsibility
ConPolicy engages in Bits & Bäume-Conference about a comprehensive sustainability rating of businesses in the digital economy
The digitalization transforms business models, value and supply chains as well as products and services. In the context of the Bits & Bäume-Conference a podium discussed the question whether traditional ethical, social and ecological criteria in company ratings are sufficient to assess companies in the digital economy.
ConPolicy-Director, Prof. Dr. Christian Thorun discussed these questions together with Dr. Teresa Schlüter (German Advisory Council on Global Change), Prof. Dr. Sascha Dinkel (IÖW & University of Mainz) as well as Prof. Andreas Kraemer (Ecologic Institute & Duke University).
Study for the European Commission published
Policy-relevant insights on consumers in the circular economy
A new study, that ConPolicy was involved with, shows that consumers are in principle willing to engage in the circular economy (CE) and consume sustainably but this does not reflect on their actual behavior so far. Therefore, the study investigated instruments that could boost consumers’ CE-engagement. Results show that by providing better information the willingness of consumers to buy more durable and reparable products can be increased.
Furthermore, five recommendations were derived:
Increasing consumers’ CE-engagement by strengthening their environmental attitudes and awareness
Making repair easier
Creating financial incentives for reparability and durability of products
Making information on reparability and durability of products visible at the point of sale
Guaranteeing accurate information on reparability and durability of products
The study was implemented by ConPolicy in a consortium led by LE Europe and VVA for the European Commission. It sheds light on the motivational drivers and barriers for consumers in the circular economy. The results were collected on the basis of a behavioral experiment and survey in several EU member states.
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