Year: 2024
Type: article
Abstract: This article explores the synergistic effects between environmental sustainability and corporate economic performance. It begins with an overview of environmental sustainability in the context of corporate operations, defining key elements and the significance of integrating these practices for long-term profitability and stakeholder satisfaction. The paper examines various metrics of economic performance, discussing how sustainable practices can directly and indirectly enhance financial outcomes. Through a series of case studies, the article illustrates successful implementations of sustainability initiatives that have led to reduced operational costs and improved brand value. Furthermore, it addresses the challenges and barriers businesses face in adopting sustainable practices, alongside strategies to overcome these obstacles. The discussion extends into future trends, predicting developments in regulatory frameworks and market expectations. Finally, the conclusion emphasizes the importance of sustainable practices in securing long-term business success and calls for a proactive approach towards sustainability in corporate strategies.
DOI: 10.54097/yc2ta915
Author: Yuze Zhou
Language: English
Subfield: Marketing
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402902632