10^thGlobal Entrepreneurship & Business Management Summit

Sustainability in Business

Sustainability in business refers to the integration of environmentally and socially responsible practices into an organization's operations and strategies. It involves a commitment to minimizing negative impacts on the environment, promoting social responsibility, and ensuring long-term economic viability. Sustainable business practices encompass areas such as reducing carbon footprints, efficient resource use, ethical sourcing, fair labor practices, and community engagement. Companies embracing sustainability aim to balance profit generation with positive contributions to the environment and society. This approach not only addresses current challenges but also positions businesses to thrive in the long term by aligning with evolving societal expectations and environmental needs.