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1. Why has sustainable development, perhaps, become the most prominent topic of our time? 2. List...

1. Why has sustainable development, perhaps, become the most prominent topic of our time?

2. List some activities that have come to be associated with social entrepreneurship

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Sustainability is the process by which business manage the financial, economic and social responsibilities, risk and opportunities by making the organizational culture ethical to achieve success in the long run.

Business sustainability is an important aspect of controlling the problems of consumerism and also focus on meeting customers' needs. Sustainable business focus towards creating economic value, healthy ecosystems and strong communities. This type of business strives to meet the triple bottom-line.

Organizations is an instrument of domination and act as a single dominant system for the society whose presence or absence affects the society as a whole. Sustainability helps in shaping the future of logistics. Customers are more positive towards buying the products that are safe for them as well as the society. The important aspects of sustainable products are they are safe for the society, create positive thoughts in people's mind, minimize social and economic impact, safe for the environment and are manufactured in the right way. This change in behavior of people towards sustainability would definitely shape the future of logistics.

Keeping the business green and environment friendly will benefits the business. It is very important for a company to make eco-friendly changes in today’s world.

  • Lots of saving and cost-cutting can be done in energy cost
  • This type of change does not require lots of investment. In turn, it actually helps in saving money.
  • Staff productivity can be improved by getting them involved in making the business and workplace greener. Green workplace will be healthier and safer for the employees’ health.
  • Green firm attracts best employees.
  • It gives legal and tax advantage by incorporating green technology in order to reduce emissions and wastes and complying with the state laws and regulations.
  • It helps in improving the overall efficiency of the business by reducing waste production.
  • It focus on improving sustainability by maintaining the health of the environment.
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