Abstract

The current phase of the sustainable development of production is primarily focused on innovation and environmental products and services, and on greening the economy through the implementation of standardized tools (according to ISO). The paper presents the application of results of ongoing research through case studies under particular conditions. We have expanded our previously proposed business model as an input/output transformation system, presented in our previous research that was published at the 18th International Scientific Conference “Globalization and Its Socio-Economic Consequences” in Zilina and supported by the fact that we are co-creators of STN EN ISO standards 14051:2012 (839051) and STN EN ISO 14045:2013 (839045). Here, it is supplemented by the proposal of a procedure for selecting an instrument for greening the economy according to the area of economic activities (NACE coding). The methodological principles and the proposed procedure are applied through a case study in a small car repair company.

Highlights

  • IntroductionThe goal of the article is to move from resource consumption, pollutant emissions, and more extensive manufacturing towards environmentally responsible manufacturing (ERM) [1]

  • The research was performed on a specific company—Ekol, Ltd. (Kosice, Slovakia)—at universities in the Slovak Republic focused on environmental innovation and green growth in the engineering industry

  • Through verifying the developed theoretical and methodological principles of less formalized instruments of environmental policy and greening through a case study of the specific conditions of a small car repair company, our selection model in relation to economic activity according to NACE codes was confirmed

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Summary

Introduction

The goal of the article is to move from resource consumption, pollutant emissions, and more extensive manufacturing towards environmentally responsible manufacturing (ERM) [1]. Based on these facts in the context of real business practice, it is necessary to encourage investment and innovation activities, and to examine those aspects of production as a basis for sustainable growth, increasing competitiveness and green business administration. To change the current unsustainable developmental direction of the global ecosystem, the major opinion-forming institutions are proposing a revolutionary economic reform They believe that the new concept of the reform should be based on ecological factors, such as green growth and green economy [3]

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