Figure 9.
A diagram shows interconnected roles of institutions, stakeholders, and companies in sustainability strategies, with bullet points and directional arrows linking their actions.The diagram presents three boxes representing institutional, stakeholder, and company roles in sustainability strategies. The box for the institutional role is at the top left and includes bullet points such as shifting from neoliberal policies, enhancing corporate innovation, and encouraging entrepreneurship. The box for the stakeholders' role is positioned at the top right and outlines points like consumer preference for sustainability and cooperation among non-governmental organisations, academic institutions, and companies. Positioned below both is the companies role box, which includes developing broad sustainability strategies, fostering innovation, and adopting collaborative approaches. Arrows connect the three boxes, illustrating interaction and influence among institutions, stakeholders, and companies.

Model for the process of SDG embedding in companies’ strategies

Source: Authors’ own work

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