x Emerging Managers Ms. Mansi Shrivastava Environmental Engineer DTU'20 Incoming MS student at Wageningen University Research '22
Business Operational Sustainability Sustainability generally is understood as a term that refers to the consumption of the resources available at a rate that should not get exploited for future generations. Similarly, if we talk about Business Operational Sustainability, we are referring to the fact whether a business can handle the existing practices without putting the resources that can be utilized by the future generation at risk. Operational Sustainability can also be mainly for economic or social resources. Discussing
three
types
1. Ecological Sustainability
of
3.
Economic Sustainability
If a country or a city requires a more long-term economic balance, they would need to consider economic sustainability. Therefore, it’s quite unfair sustainability: to have one business that affects the overall condition of a region’s economy because it hampers the business’s ability to prosper.
Here, the main concept or the basic understanding is to infer that whether the company’s perspective is towards using the current resources sustainably. So, a company’s use of natural resources, recycling capacity, and waste reduction are analyzed through the production and sales process. 2. Social Sustainability
This term can also be referred to as equal sustainability as it denotes that the community can access similar resources equally. Social Sustainability demonstrates an understanding of the basic needs of all residents
What is Sustainable Business? It is a business that consists of environmental, social, and economic impacts that are associated with operations and the sustainable use of the resources for the long-term survival of many businesses. A business should always be able to have a positive social, environmental, and economic impact, and taken together it is Collecti-
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