Socially Responsible Green Transition: Sustainable and Socially Responsible Business Model for the Public Sector Hospitals

Description

Since the sustainability and corporate social responsibility impact the environment and society, both factors in connection with the climate change have become a topical issue in sustainable development also in the public sector hospitals.
To facilitate the green transition, on 02.01.2024. Riga Stradiņš University has launched the fundamental and applied research (GreenCare project Nr. Lzp-2023/1-034) that aims to develop an environmentally sustainable and socially responsible business model for public sector hospitals.
The most frequently mentioned component of a business model is the firm’s value offering (value proposition). Within the context of sustainability and climate change, there are four major components: environmental, social, governance and economic (profit).
Results
Based on the acknowledged sustainability practices in healthcare, a justified business sustainability and social responsibility-based model proposed for public sector hospitals.
Additionally, the study summarizes the evolution of the sustainability concept within the framework of green transition and emphasizes the role of the leadership in sustainability management.
Conclusions
Sustainable development requires an integrated approach that aims to combine the promotion of economic prosperity with social inclusion and environmental stewardship.
The study has important implications for practice and research as it increases understanding of the framework of the sustainability in healthcare as well as shows the importance of the leadership in sustainability management.
Next steps in the project: are to uncover perceptions, practices and behaviour related to green transition in healthcare and elaborate policy recommendations for a pilot project.

Period	28 Mar 2025
Event title	Research week 2025: PLACES
Event type	Conference
Conference number	4th
Organiser	Rīga Stradiņš University
Location	Riga, LatviaShow on map
Degree of Recognition	International