For wineries, competition boosts profits from sustainability
Tuesday, October 9, 2018 - 10:50
in Physics & Chemistry
An international study of small- to medium-sized wineries and vineyards finds that the more sustainability practices a winery has in place, the better its financial performance—and the effect is enhanced when a winery perceives significant pressure from competitors. The study also found wineries that did not feel as much competitive pressure were more likely to adopt new sustainability practices.