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A sustainable business, or a green business, is an enterprise which has (or aims to have) a minimal negative impact or potentially a positive effect on the global or local environment, community, society, or economy—a business that attempts to meet the triple bottom line.
A 2014 session by the United Nations Conference on Trade and Development promoting corporate responsibility and sustainable development.. Corporate sustainability is an approach aiming to create long-term stakeholder value through the implementation of a business strategy that focuses on the ethical, social, environmental, cultural, and economic dimensions of doing business. [1]
There are many reasons why sustainability is so difficult to achieve. These reasons have the name sustainability barriers. [5] [16] Before addressing these barriers it is important to analyze and understand them. [5]: 34 Some barriers arise from nature and its complexity ("everything is related"). [23] Others arise from the human condition.
Cassandra Garber, chief sustainability officer of Dell Technologies, likes things in threes. Fittingly, she thinks three factors explain why for businesses, sustainability, and the disclosure that ...
Keith Taylor, Equinix CFO joins the Yahoo Finance Live panel to discuss Bitcoin mining and the impact on climate change
[8] Sustainable development for businesses is a form of protection, allowing them to overcome adversity, become more stable, and maintain societal values. There are four key reasons why sustainability is important for businesses. First, It ensures economic sustainability as the living standards are improving without future economic crises.
Sustainable management can be applied to all aspects of our lives. For example, the practices of a business should be sustainable if they wish to stay in businesses, because if the business is unsustainable, then by the definition of sustainability they will cease to be able to be in competition.
Remedial strategies include: more careful waste management, statutory control of overfishing by adoption of sustainable fishing practices and the use of environmentally sensitive and sustainable aquaculture and fish farming, reduction of fossil fuel emissions and restoration of coastal and other marine habitats. [11]
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