Sustainability: Suit for Companies

With Environmental, Social and Economical threats lingering one of the prominent impugns is ‘Why should companies become sustainable?’ and the simplest response is ‘Well, Why not?’

Sustainable Corporations are the ones which emphasize on Environmental Concerns, address them with a solution which calls for investments with good returns which is translated into benefits for employees.

Finances in Corporations are at its core are of two types- Traditional: investments for profits, good ROI in terms of Capital and Philanthropic: Investments addressing Environmental Concerns. These are further categorized in investment flow in Climate Crisis and other Environmental concerns.

In recent decades where Environmental concerns have gained momentum it is vital to shift to Sustainability, not just Corporation but Individuals as well. For Corporations:

• Fresh graduates tend to work at Companies which have green policies.
• Sustainable Companies tend to be resilient to the variations in prices.
• Sustainable Companies make the most out of the existing product and thus less use which translates to more savings.
• With green products, sustainable companies penetrate into the unsegmented market.

And various other benefits from perspective of Economy and Society however one major benefit stands tall- ‘Being Part of the Solution’ which gains more reputation.

Source: Becoming a Sustainable Change Agent, University of Colorado System, Coursera. Green Economy, UNCC elearn