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Sustainability from a strategic business perspective is the potential for the long-term well-being of the natural environment, including all biological entities, as mutually beneficial interactions among nature and individuals, organizations, and business strategies. (O.C Ferrell, Fraedrich, Ferrell, 2015). Business sustainably is often defined as managing the triple bottom line – a process by which companies manage their financial, social and environmental risks, obligations and opportunities. These three impacts are sometimes referred to as profits, people and planet. (Business sustainability definition from financial times lexicon, no date). This essay will discuss the idea of sustainability being an important element within a businesses and its core strategies and the importance of it within different businesses. Secondly, this study will look at how different stakeholders are affected and influenced by sustainability as this could be seen as a catalyst to improving the environment as a whole and. Then this study will look at how businesses not focusing

The community, business partners, customers/guests, and employees all have low power, high importance. The community expects a high level of quality products and services that provide significance to their area. This includes having both involvement and support towards the community growth. The protection of the environment and a conservation of natural resources is a concern of the

Economic analysis that weighs all costs and benefits of a particular model must include environmental considerations. That is to say, the potential for short-term economic losses caused by conservation in the present, should be measured against the dividends that conservation will pay in the future (Nordhaus, 2007). If the earth is truly our most valuable commodity, then analysis under these conditions should recognize that if a “dollar value” were placed on environmental sustainability, more often than not it would outweigh any initial monetary loss resultant of the implementation of more sustainable practices.

In conversations globally the environment is a hot topic. Issues with the ozone layer, depleting natural resources, and health risks associated with emissions and changes in climate coupled with its resulting natural disasters; have pushed conservation issues into the spotlight. The environmental issues presented today are not the result of one country, one type, or one-industry actions but a communal failure of a mixture of several. With that said many countries and industries are going through policy changes to combat environmental issues that will hopefully benefit the environment, the consumer, and industries.

McManus, B. (2009). Vital to Business Survival: Assessing the Impact of Environmental Pressures. GreenBiz, 1-4.

The Question of Value: Does a resource enable a firm to exploit an environmental opportunity, and/or neutralize an environmental threat?

The competitive environment in today’s business world poses many dangers to the sustainability of the biosphere, which is so vital to life. Business organizations have a responsibility to help sustain and preserve the environment for future generations. Corporations must take initiative in developing business plans that incorporate sustainable business practices into the strategic direction of the organization. Successful achievement of a sustainable business plan also requires identification of barriers to implementation and development of strategies to overcome such barriers. In addition, to

Anyone who cares about the environment and believes that people and companies have a responsibility to leave the smallest environmental footprint possible would be proud and happy to work for the Sierra Nevada Brewing Company. As a nature lover and outdoor enthusiast, Ken Grossman, the company’s owner, and founder saw environmental sustainability as a way of life. Yet many of his initial energy efficiency and waste reduction efforts were started for economic reasons rather than environmental. Then, as the company grew, he realized that breweries are heavy users of resources, so he made a conscious decision to grow his business sustainably because it was the right thing to do (Grossman, 2013).

One positive implication capitalism has to the natural environment is industrial ecology, a system of chain production and consumption, serving to the lowest environmental impacts in a most environmentally sustainable economy as the main goal of operation (Richards & Pearson, 1998). The Companies in a like to operate in such way because of four major reasons. The most important factor is known as the corporate well-being, for it is determined by higher profits and growth provided by innovations in an industry. Profits are increased from recognizing the production ineffiency costs that comes from wasted inputs and energy losses; this allowing cost savings to increase and ineffiency to decrease. compliance with cleaner technology alternatives such as ones that produce less waste and less energy will provide long term savings which are both beneficial to the environment and the business at hand. A real world example freight company changes their salvaged driving equipment to hybrid vehicles. Money is temporarily lost, but the gasoline and maintenances cost savings will compensate in a long run period of time.

The understanding of the impact taken on the environment and the effects that result due to other businesses not sustaining these lands, acting upon this by using environmental sustainable ways is the process in which successful businesses act. To be environmentally sustainable involves the process

In a culture based on consumption and consumerism businesses are the forefront of society providing every good and service imaginable. Although, in today’s society there has been an increase in significant issues concerning the ecology of our planet that have come along with this consumer culture. With issues such a lack of clean water, lack of food, lack of energy and a rapid decline in biodiversity. This rapid decline in natural resources is due to mostly to the over consumption and alteration of the planet and its resources. Where do we start though in the process to protect and preserve our resources? It starts with the very businesses that we all buy from; a major part of our everyday lives and the largest consumers of resources businesses can play a large role in sustainability and climate action. Increasing pressure is being put on businesses to create a more sustainable society, this is being done through many business sustainable business efforts.

A lot of issues nowadays regarding the disruption of our environment are usually blamed on the influence of the business industries. Rampant cutting of trees, throwing garbage on bodies of water, extensive chemical waste from manufacturing factories and smoke from transportation vehicles have stir up concern among the environmentalists and people in the society.

We are now, more than ever, aware of the potentially negative impact of business on the environment, whatever the nature or size of the business. There can only be positive results from developing sustainability-from benefiting your own bottom line to benefiting tomorrow 's industry to benefiting the environment in which we all live (Crowther, D., & Aras G.,2008).

A company going green in today's corporate environment finds a lot of support. The level of tolerance for environmentally insensitive corporations is much lower than it has been in the past. For these

With the growth of the world environmental concerns, it has required many businesses to implement new environmental strategies.