Hakelius, Karin
- Department of Economics, Swedish University of Agricultural Sciences
Research article2022Peer reviewedOpen access
Preluca, Andreea; Hakelius, Karin; Mark-Herbert, Cecilia
With the world of business often criticised for contributing to social and environmental damage, addressing sustainability has become necessary for virtually all business models, including co-operatives. This article investigates ways in which worker co-operatives can contribute to a more sustainable world, using the conceptual lens of Doughnut Economics (DE). It places enterprises, as a supporting pillar of our economies, at the intersection between meeting social needs and operating within planetary boundaries. A descriptive multiple case study of six worker co-operatives in the UK indicates that these enterprises contribute to sustainability primarily by embodying a mission of fulfilling the needs of workers and their communities, rather than just aiming for financial gains. Worker co-operatives are enterprises with highly generative design traits, distributive of the wealth they generate, and to some degree regenerative by design. Their strengths lie in learning capacity and distributive values that contribute to social sustainability. The implications of the study are demonstrated in the use of the DE model for addressing sustainability in the studied worker co-operatives. This article contributes to the body of knowledge on sustainability in worker co-operatives as a relatively less researched form of co-operative organisation, employing DE as a holistic framework which so far has been seldom used in business research.
doughnut economics; common ownership; social ecological economics; sustainable business models
Sustainability
2022, Volume: 14, number: 18, article number: 11542
SDG8 Decent work and economic growth
SDG9 Industry, innovation and infrastructure
SDG16 Peace, justice and strong institutions
Business Administration
DOI: https://doi.org/10.3390/su141811542
https://res.slu.se/id/publ/118959