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IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

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About IIMB

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Examining consumer-specific factors that influence sustainable consumption choices

In view of increasing concern about the environment, an increasing number of organizations have responded by creating ‘green’ products and services. Examples include electric vehicles, ‘green’ garments, sustainable retailing practices and sustainable travel options. While awareness about the need to preserve the environment is increasing, surveys indicate that only a small proportion of consumers are actually willing to pay a premium for environmentally friendly product and service options. In this context, it becomes important to examine the drivers of sustainable consumption among consumers. While recent research has begun to examine the issue, there is a lack of clarity on how consumer-specific factors, such as regulatory focus (Higgins, 2012), drive sustainable consumption.

Project Team
Arpita Pandey
Sponsor
IIM Bangalore
Select Project Type
Ongoing Projects
Project Status
Ongoing (Initiated in December 2021)
Funded Projects Functional Area
Marketing

Examining consumer-specific factors that influence sustainable consumption choices

Project Team: Arpita Pandey
Sponsor: IIM Bangalore
Project Status: Ongoing (Initiated in December 2021)
Area: Marketing
Abstract:

In view of increasing concern about the environment, an increasing number of organizations have responded by creating ‘green’ products and services. Examples include electric vehicles, ‘green’ garments, sustainable retailing practices and sustainable travel options. While awareness about the need to preserve the environment is increasing, surveys indicate that only a small proportion of consumers are actually willing to pay a premium for environmentally friendly product and service options. In this context, it becomes important to examine the drivers of sustainable consumption among consumers. While recent research has begun to examine the issue, there is a lack of clarity on how consumer-specific factors, such as regulatory focus (Higgins, 2012), drive sustainable consumption.