Essay on Sustainable Business Practices - Essay Prowess

Essay on Sustainable Business Practices

Essay on Sustainable Business Practices

Sustainable Business Practices
Introduction
Sustainability refers to the ability of the natural ecosystem to function and stay diverse thus generating everything it requires for the ecology to provide the balance. Therefore, sustainable development concentrates on harmonizing various conflicting needs such as desires to growth economically and technologically and the necessities to safeguard the environment in which human being inhabit. Sustainability also involves the society’s health in guaranteeing that no areas or people experiences negative effects due to environmental legislations (Epstein & Buhovac, 2014). Additionally, it made up of three important pillars which include social, environment, and economic development. The social development involves preserving utilization of available resources without adversely affecting the quality of life. On the other hand, economic sustainability encourages organizations and businesses to comply with guidelines of sustainability beyond their usual statutory obligation. Environmental sustainability encourages the stakeholder to safeguard the integrity, air quality and ecosystems of the resources and concentrate on the aspects that adversely affect the environment (Schaltegger & Wagner, (Eds.). 2017). In so doing, it helps the organization to contribute in minimizing the impacts of c

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