Sustainability in Businesses: Impacts and Challenges

Research Proposal with
Summary Literature
Review

Contents
INTRODUCTION.....................................................................................................................................3
Summary Literature Review....................................................................................................................3
Concept of sustainability in businesses....................................................................................................3
Impacts of sustainability on business.......................................................................................................4
Challenges of sustainability for the businesses........................................................................................4
Research Questions...................................................................................................................................5
Methodology..............................................................................................................................................5
Anticipated outcomes................................................................................................................................5
Ethical considerations...............................................................................................................................6
REFERENCES..........................................................................................................................................7

INTRODUCTION
Sustainability can be referred to as conducting different business activities without
impacting the environment or the community negatively. Business sustainability is often
described as handling the triple backside line a technique by way of which corporations manage
their monetary, social and environmental risks, responsibilities and opportunities. These three
affects are occasionally known as people, planet and earnings. Apart from this, it can be said that
sustainability can have a positive impact on the overall performance of a business. Sustainability
is important and can help a business to conduct its business activities in an effective manner.
Summary Literature Review
Concept of sustainability in businesses
Business sustainability, also referred to as corporate sustainability, is the control and
coordination of environmental, social and economic demands and issues to make certain
accountable, ethical and ongoing success. In a broader context, social, environmental and
monetary demands are considered the 3 pillars of sustainability. Within the corporate
international, they're occasionally referred to as the triple backside line. The concept is a
departure from the traditional concept of the lowest line, which evaluates all efforts in terms of
their short-term impact on profits. In traditional corporate cultures, social and environmental
issues have typically been considered to warfare with economic dreams. Depletion of non-
renewable resources, for instance, is obviously not a sustainable exercise. However, because
alternatives generally require investments in infrastructure, continuing to depend on fossil fuels
is the least highly-priced short-time period choice.
The intention of sustainability requires a extra prolonged timeline for return on
investment (ROI) however once initial investments are made, they can truely lead to expanded
profitability. One example is unfastened cooling for information facilities, which takes benefit
of obviously-going on phenomena to manipulate temperatures. Although the technologies
worried may additionally require preliminary coins outlay, the renewable resources they rely on
are freely to be had and dependable, so that you can ultimately pay off. Similarly, investments in
socially ethical practices can also initially cost a business money but generally lead to stronger