Societal Business
Quality of life.
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A socio-ecological-economic equilibrium is a delicate balance between social, economic and ecological factors that shape the wellbeing of society –
Multilateral Action Perspective (MAP) recognizes the interdependence of these factors and aims to address them through collaborative and multilateral action.
The Societal Business Model aims to create a society that is loving, sustainable and socially conscious, where no one is left behind. It combines ethical values, impactful action, sustainable finance and an inclusive economy.
This model works in tandem with Social Climate Action Projects to help cities, regions and countries reduce harmful emissions from their diesel and gasoline vehicles and promote social equality – gains from these projects are then reinvested in social and sustainable economic systems that promote collaboration rather than competition.
By using both the Societal Business Model and Social Climate Action Projects, we can work towards creating a better future for all, one that prioritizes environmental and social responsibility, while also creating sustainable economic systems.
Efficient engine operation plays a crucial role in reducing greenhouse gas emissions from transportation and machinery.
This key to achieving the goal lies in optimizing the combustion performance of the entire light vehicle fleet. One solution that can help achieve this is the Plug & Drive standalone Combustion Control Application.
Social Climate Action Projects are designed to improve the efficiency of combustion during real-time driving conditions, reducing CO2 emissions and preventing the formation of toxic pollutants such as PM, VOC, CO, and NOx.
The integration of the Combustion Control Application allows for greater control and adaptability of a vehicle’s emissions output.
According to the forecast results from 154 country Social Climate Action Projects, there is a correspondingly positive emission reduction that can be seen based on the active light vehicle fleet. The results suggest that efforts to address climate change at a global level are proving to be successful.
Numbers according to:
DIN EN ISO 80000-1: 2013-08.
Methodological convention 3.1 for determining environmental costs.
Risk/ cost rates for:
Quality of life can only be achieved when economic and societal leaders prioritize the well-being of society, rather than their own personal gain. True greatness is shown when leaders step out of the competition and collaborate to ensure that resources and wealth are distributed fairly, leaving no one in shortage. It requires a shift in mindset from a focus individual success to collective prosperity.
In cooperation with the advantages of their success, managers can significantly improve the quality of life of the people around them. It manifest itself in different forms, e.g. in social programs, the promotion of education and equal opportunities as well as fair and livable wages for employees. Especially when managers prioritize the needs of society and not their own self -interest, they pave the way for a fairer and more successful future for everyone.
By the way – the Societal Business Model differs from traditional corporate social responsibility initiatives, which involve donating money or resources to causes after the fact. Instead, Societal Business view social impact as an integral part of the business strategy.
Societal Business is a concept in which major leading companies out of competition form a partnership as a Group of Interest (GOI) and together implement worldwide impact country projects (SDG 17), e.g. with:
Social Climate Action Projects – reducing CO2e emissions and preventing the formation of toxic pollutants from the light vehicle fleet (SDG 3, 7 , 11, 12, 13).
By prioritizing social impact alongside profit, Societal Business can create lasting change and contribute to a better world.
It means taking the time to listen to others and show genuine interest in their thoughts, feelings, and experiences. This can involve lending a helping hand to someone in need, providing emotional support to a friend or family member, or simply being present and actively participating in social gatherings.
Expressing love for life means appreciating the beauty and joy that can be found in everyday moments and experiences. This can involve taking time to enjoy nature, pursuing hobbies and interests, spending time with loved ones, or simply reflecting on the things in life that bring joy and happiness.
By giving back social attention and love for life, we can cultivate deeper and more meaningful relationships with others, strengthen our sense of community, and increase our overall sense of well-being and happiness.
Dr Judith Annabella Voll
Co-founder & board member