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Igniting Sustainability Through the ‘Profit-For-Impact’ Catalyst

A Case Study

Bibliographic Data

ID21641517
AuthorsAbel Duarte Alonso (0000-0001-6742-7373, The Business School, RMIT University Vietnam, HCMC, Vietnam, corresponding author), Oanh Thi Kim Vu (0000-0003-4869-0170, The Business School, RMIT University Vietnam, Hanoi, Vietnam), Lam Canh Nguyen (0000-0002-5894-3808, School of Business and Management, RMIT University Vietnam, HCMC, Vietnam), Mohammadreza Akbari (0000-0002-0051-1199, James Cook University), Ngan Mai Nguyen (0009-0003-0152-3903, The Business School, RMIT University Vietnam, HCMC, Vietnam)
Year2025
Volume34
Issue1
Pages73-100
Publication date2025-03-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Environment & Development (JOURNAL)
Journal identifiersISSN: 1070-4965 • E-ISSN: 1552-5465
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/10704965241271236
OpenAlexW4401264078
LanguageEN
Citations received3
References cited60

Breaking new ground in the realm of sustainability research, this study delves into the ‘profit-for-impact’ model’s dynamics through a compelling lens – the case of TONTOTON, an innovative player in plastic neutralisation that has operationalised the model in the context of Vietnam. Interwoven with insights from the natural resource-based perspective and sustainability literature, the research probes how this practitioner-instigated business philosophy aligns with sustainability’s key pillars, charts its sustainable course and envisions its evolution. Semi-structured interviews conducted with TONTOTON’s leadership and a pivotal external business ally were subsequently dissected through qualitative content analysis and data structure, thereby unveiling 14 conceptual dimensions. These dimensions, where partnerships and tangible accomplishments emerge as central themes, conceptually illuminate and demonstrate the profit-for-impact model’s value and further potential for fostering engagement, catalysing problem-solving, and harmonising with sustainability principles while yielding enduring benefits. These findings contributed to crafting a conceptual framework underscoring theoretical and practical implications

Business · Business model · Economics · Environmental ethics · Knowledge management · Management · Neoclassical economics · Political science · Public relations · Qualitative research · Realm · Social science · Sociology · Sustainability · Computer Science · Environmental Sustainability in Business · Innovation and Socioeconomic Development · Sustainable Supply Chain Management

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Citations per year3
Citation span2026 - 2026 (1)
Highly citedNo

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