SUSTAINABLE BUSINESS
A sustainable business can also be referred to as a green business. It’s a venture that has reduced or minimal negative impacts on possibly a positive effect on the immediate environment, society, economy or community, for a business to be regarded as green it needs to adhere to four characteristics. The business is supposed to incorporate principles that promote sustainability into each of the decisions that they make. Secondly, the business needs to supply environmentally friendly items or services that will offer a switch between the demand for non-environmentally friendly products or services. It offers a switch from the traditional modes of competition the business needs to participate in environmentally friendly activities which in the long run ensure that their products, in the end, address the existing environmental needs present currently while still maintaining the desired profit. Finally, it needs to asses how a product design will cease the current environmental situation and how good the company products will work under renewable resources.
Companies can adopt various ways to become sustainable.
Companies can go paperless; they use paper every day in many ways to carry out their activities such as printing contracts as well as manuals for operation. By encouraging the adoption of paperless companies, the environmental impact will be reduced. Encouraging carpooling will have different impacts depending on the city a company operates in. Carpooling will save employee money and even change their commute into a useful such as sharing talks while they walk to work. Rethinking the buildings heating mechanisms. Older buildings tend to have poor pieces of equipment with inefficient as well as out of date burning oil furnaces. Instead of such, there is a need to upgrade the whole system for them to be more energy-efficient and which will generate fewer emissions. Investing in renewables which will keep it more likely need investments when the whole system is set up it will reduce the costs invested in energy.