A new economic model: the transition-oriented enterprises

REconomy and Transition believe in a new economic model based on transition-oriented enterprises. The latter are seeking to reconcile financial viability with community benefits and positive (or at least neutral) environmental impacts.

A Transition-oriented Enterprise (TEs) is not led by the goal of maximising profits, it is an enterprise integrated within the community and which makes the commitment to contribute to the resilience of thecommunity.

Its main objective is to provide the goods and services that the community needs, in order to secure its autonomy. The concept of resilience can also apply to enterprises since the best way to be viable is to remain financially independent from external actors.

 

Positive environmental impacts

In a world with limited natural ressources, TEs try to have an adequate use of ressources. Recycling, using wastes as raw materials is at the core of their philosophy.

Moreover, renewable ressources are favored over fossil fuels which threaten the survival of our ecosystem. Appropriate localisation is sought to stay close to local people and to limite the environmental damages created by fossil fuels-intensive modes of transport. Therefore, environmental criteria are taken into account in any decision.

 

The individual first before profits

TEs also contribute to maintain a sustainable economy and society and preserve decent livelihoods. Human capital is at the center of their activity. They try to encourage democratic practices, empower workers and be accountable. Collaborative approaches are always favored.

In the struggle against economic and environmental crisis, Transition-oriented Enterprises may become key actors in establishing tomorrow's sustainable world.

Country: 

World outside Europe