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EcoMatcher: Beyond the Triple Bottom Line

案例編號 : UST124
HBP產品 : ST124
作者 : Prof Joon Nak CHOI ; Prof Kun Zhang ; Warren LEE
發布日期 : 07.11.2022

撮要

This case tells the story of EcoMatcher – a green and socially responsible enterprise that has found a scalable and profitable business model planting trees. EcoMatcher is interesting partly as an excellent example of strategic corporate social responsibility (CSR); its core profit-making activity of planting trees is intrinsically good for the planet and its people. This differs from the triple bottom line approach employed by some other companies, which use green or prosocial activities to offset core profit-making activities that may harm society or the environment. Both strategic CSR and the triple bottom line approach can underlie improvements in environmental, social, and governance (ESG) reporting. This case focuses on EcoMatcher as an exemplar of strategic CSR while a companion case (EcoMatcher: Daring to Make a Difference, UST123) focuses on how EcoMatcher’s founder made the difficult leap from corporate executive to social entrepreneur, trading off power, status, and wealth for more meaning in his work.

學習目標

This case teaches students about strategic CSR in both concept and practice and highlights and distinguishes it from an alternative, the triple bottom line approach. It also shows how strategic CSR feeds into the closely related ESG paradigm. This case also highlights key concepts relating to entrepreneurship, including how startups might find product-market fit through an iterative and often serendipitous process. Students may also learn about two business models that EcoMatcher uses: the two-sided market and the B2B2C model in which EcoMatcher partners with corporate entities to jointly offer something that consumers find valuable.

公司/機構 EcoMatcher
主要學科 Social Enterprise
主題 Sustainability, Corporate social responsibility (CSR), ESG
地區 Hong Kong, Asia
案例屬性 Field
案例頁數 21
教學筆記 9
出版者 HKUST
最近修訂日期 07.11.2022