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Sustainable Development

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Business
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California College San Diego
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Running Head: SUSTAINABLE BUSINESS PRACTICE 1
Sustainable Business Practice
Name:
Institution Affiliate:
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SUSTAINABLE BUSINESS PRACTICE 2
How is the concept of sustainable business practice, both local and global?
The concept of sustainable business practice not only considers profits but also how the
company`s operations affect future generations, the environment, and natural resources. A
sustainable business can be defined as a firm with little or no negative impact on the
environment, economy, society, and community. It is also referred to as a green business. It is
also a business that engages in environmentally friendly practices. The company processes,
manufacturing activities, and products try to address various environmental topics while still
gaining profit. The business tries to meet consumer demands while treating the environment fine.
It involves applying procedures such as recycling and conserving energy (YouTube, n.d.). A
sustainable business tries to incorporate sustainability principles while making decisions. The
business also supplies goods and services that are friendly to the environment. The business is
also committed to ensuring it protects the environment.
Both internal and external factors push the concept of sustainable business practice.
Internal factors include the beliefs of employees. Most employees, both locally and globally, are
interested in sustainable business practice and how it can benefit society. They install sustainable
business practices since they feel that it is the right action. Companies with such employees are
likely to have sustainable business practices. External factors include government rules and
policies. The policies are mainly influenced by global trends, local values, and demographics.
Sustainable businesses try to gain maximum profit by taking advantage of opportunities
and eliminating threats resulting from a firm`s economic, social, and environmental activities.
There are various advantages of sustainability. It helps reduce energy and material usage. It helps
reduce legal costs. It has led to the innovation of new goods and services. It also helps the
company relate better with the consumers. It improves its image and reputation in society.

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Running Head: SUSTAINABLE BUSINESS PRACTICE Sustainable Business Practice Name: Institution Affiliate: Date: 1 SUSTAINABLE BUSINESS PRACTICE 2 How is the concept of sustainable business practice, both local and global? The concept of sustainable business practice not only considers profits but also how the company`s operations affect future generations, the environment, and natural resources. A sustainable business can be defined as a firm with little or no negative impact on the environment, economy, society, and community. It is also referred to as a green business. It is also a business that engages in environmentally friendly practices. The company processes, manufacturing activities, and products try to address various environmental topics while still gaining profit. The business tries to meet consumer demands while treating the environment fine. It involves applying procedures such as recycling and conserving energy (YouTube, n.d.). A sustainable business tries to incorporate sustainability principles while making decisions. The business also supplies goods and services that are friendly to the environment. The business is also committed to ensuring it protects the envi ...
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