Sustainable Practices in the Animal Health Industry: A Stakeholder-Based View
Saha, Krishnendu and Yarnall, Matt and Paladini, Stefania (2023) Sustainable Practices in the Animal Health Industry: A Stakeholder-Based View. Business Strategy and the Environment. ISSN 1099-0836
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Abstract
The animal health industry provides treatments and pharmaceuticals for live animal welfare and it is essential to ensure food security and meet sustainable development goals (SDGs). Still, its complexity makes it difficult to identify the driving factors in the adoption of sustainability practices let alone offer recommendations to foster their implementation, resulting in a comparative lack of academic research in this area and several gaps in the overall comprehension of the phenomenon. Building on the stakeholder theoretical framework and adopting multi-country field research, this article offers both a theoretical and empirical contribution, highlighting the role of stakeholder perceptions in driving the adoption of ESI (environmental sustainable initiatives) and emphasising the need for effective communication, transparency and a consistent educational framework. Our findings also demonstrate that, by adopting overarching sustainability approaches such as the ‘One Health’ philosophy, animal health firms can integrate environmental sustainability initiatives into their operations, embedding the expectations and priorities of various stakeholders. This holistic approach will not only promote the well-being of animals and humans but also help protect ecosystems and ensure the long-term viability of the veterinary pharmaceutical industry.
Item Type: | Article |
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Identification Number: | 10.1002/bse.3633 |
Dates: | Date Event 6 November 2023 Accepted |
Uncontrolled Keywords: | sustainable health, sustainability, stakeholder engagement, animal health |
Subjects: | CAH17 - business and management > CAH17-01 - business and management > CAH17-01-01 - business and management (non-specific) |
Divisions: | Faculty of Business, Law and Social Sciences > College of Accountancy, Finance and Economics Faculty of Business, Law and Social Sciences > College of Business, Digital Transformation & Entrepreneurship |
Depositing User: | Gemma Tonks |
Date Deposited: | 23 Nov 2023 16:29 |
Last Modified: | 20 Jun 2024 12:05 |
URI: | https://www.open-access.bcu.ac.uk/id/eprint/14998 |
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