Our approaches to innovation for:

1. Sustainability https://doi.org/10.1016/j.imic.2015.04.001

2. Tourism https://doi.org/10.1080/14616688.2019.1619825

3. Climate change https://doi.org/10.1111/area.12300

Sustainable innovation is an approach to business that seeks to create products, services, and processes that are beneficial for both society and the environment. It involves finding ways to reduce the negative impacts of business activities on the environment while also improving performance in areas such as customer satisfaction, employee engagement, and financial returns. Sustainable innovation can take many forms, from developing new technologies that reduce emissions or waste to creating products with a longer lifespan or using renewable materials instead of non-renewable ones.

At its core, sustainable innovation is about creating value for all stakeholders - customers, employees, shareholders, and society at large. Companies can use sustainable innovation to develop new products or services that address environmental problems while also providing economic benefits. For example, a company might develop a product that uses renewable energy sources or recyclable materials instead of non-renewable ones. This type of product could help reduce carbon emissions while also providing a competitive advantage in terms of cost savings or improved customer experience.

Sustainable innovation can also be used to improve existing products or services by making them more efficient or reducing their environmental impact. For example, companies might redesign their production processes to use fewer resources or create packaging that is easier to recycle. These types of changes can help companies save money while also reducing their environmental footprint.

Finally, sustainable innovation can involve creating new business models that are better for the environment and society as a whole. For example, companies might develop shared ownership models where customers have access to products without having to own them outright. This type of model could help reduce waste and increase access to goods and services for people who may not be able to afford them otherwise.

Overall, sustainable innovation is an important tool for businesses looking to create value for all stakeholders while minimizing their environmental impact. By finding ways to innovate sustainably, companies can ensure they remain competitive in today's market while also helping protect our planet for future generations.

Sources

• https://ecampusontario.pressbooks.pub/leadinginnovation/chapter/chapter-5-sustainable-innovation/
• https://www.mckinsey.com/featured-insights/themes/your-guide-to-sustainable-innovation
• https://ideascale.com/blog/what-is-sustainable-innovation/

Dear Ilen and Lance, hanks for your replies. First my statement - in addition my further question:

A) Statement: In a world characterized by uncertainty and change, sustainable innovations are not only important but essential for the future of humanity. We need a new mindset and approach to innovation that goes beyond traditional economic measures and incorporates environmental and social considerations. By embracing sustainable innovation, we can find solutions that meet the needs of both people and the planet.

Sustainable innovation requires a shift towards a more holistic and long-term perspective. It involves considering the environmental impacts of our actions and developing innovative solutions that minimize harm and promote sustainable practices. Additionally, it means addressing social needs and ensuring that innovation benefits all segments of society, particularly those most vulnerable to the effects of environmental change.

To achieve sustainable innovation, collaboration and knowledge-sharing are crucial. Researchers, policy-makers, and practitioners must work together to identify best practices, share success stories, and learn from failures. This collaborative approach can help improve local responses to global issues, particularly in island communities that often face unique challenges and opportunities.

By prioritizing sustainable innovation, we can foster economic development while safeguarding our natural resources, preserving cultural diversity, and enhancing the well-being of present and future generations. It is through this concerted effort that we can create a more sustainable and equitable future for all.

B) Question for further discussion: How can we encourage and support businesses and organizations to adopt a sustainable innovation mindset and integrate it into their strategies and operations?

Some years back I have expressed my views regarding sustainable innovation which I submit herewith for your perusal .

To speak regarding the global sustainable development ,I do not wish to prognosticate in our present phase as we all have observed & noticed the creation of natural forces everywhere in the world including Man made creation .

In this line to talk about 10 years time we do not know how the planetary influence can work in the environment through the universe .

This is my personal opinion