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Running head: BUSINESS 1
Coca-Cola’s Statement of Retained Earnings
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BUSINESS 2
An introduction to the concept of sustainability
Business sustainability refers to having minimal adverse impacts on local or global environment,
economy, society, or community (Crane & Matten, 2016). Generally, a sustainable business has
progressive green along with human rights standards and strategies. Overall, companies are termed as
green when they match the below 4 criteria: (Crane & Matten, 2016)
They incorporate sustainability principles into all their corporate decisions.
They supply eco-friendly services and products that replace need for non-eco-friendly
services and products.
Are greener compared with conventional competition.
Have made permanent commitments to green principles and standards in their corporate
operations.
Sustainability has three main pillars including profit, people, and planet. A sustainable business
with a distribution network tries to harmonize the entire three pillars via triple bottom line concept
utilizing sustainable distribution and development to impact environment, company growth, along with
the people (society). Everybody impacts the planet and marketplace sustainability in different ways.
Sustainable development in businesses can result in value creation for environment, customers, and
investors. Sustainable businesses require meeting customer demands whilst, concurrently treating
ecology well. To become successful in this technique where patron harmonization and mutual solution is
key necessitates structural approaches (Dyllick & Muff, 2016).
The three main themes or pillars of sustainability
The main three pillars of sustainability are Ecology (Environment), Society (people), and
Economy (Profit).

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Running head: BUSINESS 1 Coca-Cola’s Statement of Retained Earnings Student’s Name Institution Course Instructor Date BUSINESS 2 An introduction to the concept of sustainability Business sustainability refers to having minimal adverse impacts on local or global environment, economy, society, or community (Crane & Matten, 2016). Generally, a sustainable business has progressive green along with human rights standards and strategies. Overall, companies are termed as green when they match the below 4 criteria: (Crane & Matten, 2016) They incorporate sustainability principles into all their corporate decisions. They supply eco-friendly services and products that replace need for non-eco-friendly services and products. Are greener compared with conventional competition. Have made permanent commitments to green principles and standards in their corporate operations. Sustainability has three main pillars including profit, people, and planet. A sustainable business with a distribution network tries to harmonize the entire three pillars via triple bottom line concept— utilizing sustainable distribution and development to impact environment, company growth, along with the people (society). Everybody impacts the planet and marketplace sustainability in different ways. Sustainable development in businesses can result in value creation for environment, customers, and investors. Sustainable businesses require meeting customer demands whilst, concurrently treating ecology well. ...
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