Sustainable Business Management: Challenges, Opportunities, and Strategies

This report discusses sustainable business management and its impact on climate change and resource constraints. It explores the challenges and opportunities of sustainable business practices and provides a proposal for the University of Bedfordshire to address sustainability. The report also recommends appropriate issues and opportunities for business leadership. Subject: Business Management. Course Code: N/A. Course Name: N/A. College/University: University of Bedfordshire.

Sustainable business management

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Demonstrate how the business may be affected by wider sustainability contexts, in particular
climate change and resource constraints (threats and opportunities)..........................................3
Research and develop a proposal for the business to address sustainability that includes the
changes needed within the business for sustainability to be embedded beyond quick wins.......6
Present a report to business leadership that sensitively recommends appropriate issues and
opportunities................................................................................................................................7
CONCLUSION..............................................................................................................................10
REFRENCES.................................................................................................................................10
Books and Journal......................................................................................................................10

INTRODUCTION
Sustainable business management can be defined as a study that focuses on enhancing
long-term economic, environmental, and moral ideals that have an impact on business.
Companies must think about sustainable management methods if they want to improve and grow
their profits. This type of strategy is beneficial to a company's growth and development as long
as adequate long-term initiatives are maintained. The University of Bedfordshire was used to
compile this report. This university is pursuing a variety of strategies in order to preserve and
improve sustainable business practices while also achieving its objectives. Different aspects and
their impact on are discussed in this paper (Soomro, Ghumro, and Shah, 2020). This report is
going to illustrate on Sustainability challenges, such as climate change and resource constraints
and suitable recommendations are made to the enterprise so that the company can maintain
effective sustainability at their workplace.
MAIN BODY
Demonstrate how the business may be affected by wider sustainability contexts, in particular
climate change and resource constraints (threats and opportunities)
Climate change has an impact on important human and natural life circumstances, as well
as the foundation for economic and social growth, while society's aspirations for environmental
sustainability have an impact on both GHG emissions and exposure to climate change. It is
critical for businesses to explore business sustainability issues because this will aid in the
expansion of their overall operations. The University of Bedfordshire has been found to be
considering sustainable business management techniques when carrying out its activities and
tasks. As a result, it is able to cultivate a positive image in the market and carry out its operations
successfully. There are various factors that will have an impact on corporate sustainability
initiatives. Sustainability and the desire to go green or preserve have been recognized as factors
that enable an organization to attract more consumers, staff, and other stakeholders, all of which
have a direct impact on company operations. This is beneficial in terms of increasing the public's

perception of the company and its products. It has been assessed that it will have a significant
influence on the bottom line over time and will have a direct impact on the business's long and
short-term goals. With the consideration of good business sustainability practices in the market
arena, University of Bedfordshire will be able to reap various benefits. It is become very difficult
for the organization to ignore the increasing number of the climate related events which create
impact on the population and a joke graphics all over the globe (Rana and Ha-Brookshire,
2018). From the investigation it has been analyzed that there are different ways that climate
changes is already impacting what is threatening to impact on the organization across the globe
and which are below mentioned:
Operational impact: It has been analyzed that the operational impacts of climate related to the
disasters like facilities damage and workforce system.
Cost of resources: Sustainability create impact on the resources like energy water food this all
resources are at the risk because of the environmental and human causes. Due to energy and the
consumer industries it creates huge impact on the resources.
Regulatory or political uncertainty: According to the investigation it has been analyzed that
life sciences or healthcare companies for education also different kind of issues in context of
sustainability which create impact on their sustainability efforts.
Reputational damage: Environmental sustainability damages create huge impact on the brand
identity and also create impact on the organization culture. That is why it is very important for
the organization to focus on the business issues so that they can overcome the obstacles from
implementing sustainability initiatives and improve the sustainability and their workplace.It has
been analyzed that the Human sustainability is important for society's human capital to be
preserved and improved (Findler, Lozano and Stacherl, 2019).This includes investments in the
health and education systems with the goals of improving access to services, nutrition, and
experience and competencies. The goals of social sustainability include preserving social capital
with the goal of investing in and producing services that make up our society's framework. Price
stability aims to preserve capital while also raising living standards. The goal of environmental
sustainability is to increase human well-being through safeguarding natural resources. Moreover,
The University of Bedfordshire should think about how to implement an environmental

management system that will help raise employee understanding of climate change and the
company's duties to society and the environment. This will assist the University's public image,
as well as that of regulators, lenders, and investors. Because it encompasses planning,
implementation, evaluation, reviewing, and commitment or policy, the environment protection
system is seen as a business's continual improvement process.
There are few positive impact of suitability that helps the business to improve their brand
identity in the society in order to achieve their goals and objectives.
It is very evident that sustainability creates several opportunities for the organization in
order to enhance their economic growth the return on equity their internal rate of return and the
return on assets in order to improve their capabilities in the marketplace. Effective system ability
create several opportunity is on positive outcomes for the organization so that the company can
improve the business performance and also helps the company to improve their financial
performance while fostering public support. Apart from this, from the investigation it has been
analysed that positive sustainability create huge impact on the university in context of the
negative manner as well as in positive manner (Hope, 2016). That is why it has become very
important for them to conduct and implement different kind of strategies so that they can bring
more positive outcomes for the university and improve the financial performance and efficiency
so that they can get more competitive advantages admitted effective sustainability in the
environment. Moreover effective sustainability improves the risk management system and
improve water quality in the community that is operate. Companies are experiencing significant
savings via environmental sustainability-related operational improvements, in addition to the
financial gains that result from greater competitive advantage and innovation, as stated earlier.
Furthermore, investors may now track ESG (environmental, social, and governance) good
performers and link improved financial success to improved ESG performance. It also helps the
university to improve the engagement of the society and also builds consumer loyalty and attract
and engage focus to words the company so that they can concentrating more on the mission aims
and work life balance. The university is wants to invest in corporate sustainability initiative so
that they can create sought-after culture and positive environment so that they can concentrating
on the purpose and provide value to the society. Apart from this the corporate responsibility

performance as well as effective sustainability also creates impact on the turnover and
recruitment of the organization.
Research and develop a proposal for the business to address sustainability that includes the
changes needed within the business for sustainability to be embedded beyond quick wins
The University of Bedfordshire has campuses in Luton and Bedford, as well as satellite
locations in Putteridge Bury, Milton Keynes, and Aylesbury. The University recognizes that all
of those academic and related operations have local, national, and worldwide environmental
consequences. As a result, the University is fully dedicated to reducing these consequences to the
greatest extent possible, and it seeks the participation of all of its students, employees, and other
stakeholders in improving environmental greatness. The university organization required to
conduct a different kind of strategies and policies in context of environment so that they can
improve the sustainability of the university in an appropriate manner. The university is totally
indulge in order to develop environmental strategies so that they can promote education and their
country for the sustainable development by the curriculum and maintain a effective
environmental management system which is certified to the eco-campus. The university wants to
improve the environmental awareness of the students of the visitor of the staff so that they can
maintain a factor sustainable management in the organization. The organization are also required
to improve the biodiversity of the university campuses so that they can minimise the nuisance
towards the local communities on the neighbour. The university also trying to conduct and adopt
some natural resources in an appropriate manner which are very appropriate for the environment
and reduce the volume of the water used on the campus (Visvizi, Lytras and Daniela, 2018). The
organization or using different kind of a strategy so that they can protect the environment that
includes the mention of the pollution and also wants to improve the environmental performance
in context of the environmental management system. Different ideas and strategies for
sustainable business management are being considered by the University of Bedfordshire. Waste
disposal, recycling, hybrid heating, solar panels, rainwater collection, and a life campaign are all
part of this. All of these are important initiatives performed by the University of Bedfordshire to
regard the environment and reduce the harmful impact of business on the environment. Garbage
disposal procedures have been highlighted as helping University of Bedfordshire classify

different types of waste in an appropriate manner so that it can be rid of successfully. As
Sustainability in the University University are you required to hire the best possible staff at their
workplace so that they can represent their company in an appropriate manner. Apart from this the
organization are required to establish different kind of revenue channels and monitor their cash
flow so that the company can Not compromise on their values and the organization or the
university are required to select the people who embody their values and who has the same
vision to improve the sustainability and their country (Camilleri, 2017).
Apart from this in order to grow a sustainable business organization as well as the
university and required to connect with the requirement so that the business leaders can look at
the opportunities to videos the pictures and conduct the research is that how much the damage
has been caused to the environment. If the university wants to commit to become more
sustainable they are required to conduct personal connection so that they can take care of the
planet. After that the organization are required to repair social trust so that they can work on
retaining the trust of the society and gain the license in order to operate and maintain
sustainability at the workplace. Partnering with governments workers and civil society helps
them to only communicate with their sustainable interaction with the society and helps them to
rebuilding the society and trust in the business. Apart from this the organization as well as the
university is required to make sustainability a core principle so that they can make the climate
modification unethical resources conceptions and pollution major concern in the company on the
business can contribute towards the solution. Yes apart from this the business are required to
empowering board members and the leaders of the business so that they can concentrate on the
sustainability and the drive execution of the sustainability and formulate strategy planning and
develop different kind of services that produce sustainable outcomes for the environment.
Moreover they are required to use the global goals so that they can inform leadership
development strategies and set a long-term holistic vision so that they can become more
accountable and trying to improve their sustainable business in order to achieve their goals and
impress competitor as collaborators so that they can encouraged by the sustainable business not
because of their positive impact on the environment but because of their (Chofreh, Goni and
Klemeš, 2017).

Present a report to business leadership that sensitively recommends appropriate issues and
opportunities
The University of Bedfordshire is regarded as a leader in the field of environmental
management since it considers a variety of factors that could have a significant impact on the
environment. All of these characteristics of the environment must be successfully controlled in
order to reduce their detrimental impact on the environment and society. Businesses may become
more sustainable in a variety of ways, including decreasing waste, eliminating pollution,
embracing clean energy, greening the world by planting more trees, conserving water, utilising
sustainable materials, developing innovative sustainable products, and so on. These are all
sustainable business practices that are both successful and efficient. This will have a significant
impact on the business's ability to function efficiently as well as the growth and development of
the organization. Sustainable business practices have been defined as operations of an
organization that are economically viable, socially accountable, and environmentally friendly
(Hosseininia and Ramezani, 2016).
As it is recommended to the organization and university of the Bedfordshire to consider a
different kind of approaches and practices so that they can improve the system into business
management in an appropriate manner. The University are required to Work on the waste
disposal recycling solar panels rainwater harvesting is because these all things are very important
for the organization to take the initiatives so that they can Overcome the negative influence on
the business on environment (Kitamura, 2019) . The organization are required to execute
recycling practices so that we can dividing the waste into the mixed in general recycle manner.
In order to conduct organizational activities and improve the market image it is very
important for the company to conduct a reporting system in which the university is

communicating with their crucial stakeholders about the economic value about the social
responsibility about the environmental aspect. Economic value is the kind of activities that will
going to support the company to earning profits by giving different kind of high-quality Kutty
and services to their consumers (Tran and Li, 2020). It is very important for the university to
consider some economic value so that they can earn appropriate amount of profits and
successfully implemented strategies in order to improve the sustainability and gain more positive
outcomes. This is very important for the company to provide salary to the workforce which is
very efficient for the company to conduct the business practices. Apart from this it is very
important for the company to consider environmental aspects so that they can develop business
practices that will go to support the company to reduce negative impact on their operation of
environment. It also has been analyzed that the organization has a major responsibility towards
the society so it is very important for the company to consider practices that will going to create
positive impact on the business practices and conversation communication collaboration help
them to conduct a sustainable business activities that will going to motivate the individual in
order to attain desired goal. In addition to this it is recommended to the organization in order to
bring more opportunities for the company there are different kind of national and international
norms that will required by considering them so that they can improve the sustainability business
practices in an appropriate manner. European eco-label, International organization for
standardization, business social compliance initiative these are the major norms that will help
them to implement effective practices of sustainability development. Moreover it also
encourages the business to enhancing their sustainable business practices and develops the
standards for the quality of management system.
Apart from this there are two kinds of approaches which are considered by the university
in context of environmental management system and that are preservation approach and
conservation approach. Both of these approaches are helping the organization to managing the
environment. According to the preservation approach, it is critical that man or human beings do
not disrupt the national system while also adapting it to its current state. With the help of this
strategy, the environment could be preserved from human-caused harm. It has been determined
that humans engage in a variety of activities and tasks that may have an impact on the
environment, such as deforestation, increased waste, and abuse of water resources, among other
things. It has been determined that inefficient utilisation of natural resources and systems has a

negative influence on the environment (Bagheri, and Movahed, 2016). However, it is impossible
that humans do not make use of these resources, as they are required for many types of
development activities. For current societal growth and development, all of nature and its
components are required. This will result in a varying degree of economic imbalance. It is
critical that these activities be halted and that the appropriate or correct measurement be taken
into account when dealing with the problems.
CONCLUSION
According to the abovementioned report, sustainable company management techniques
play a critical part in the successful and effective operation of a corporation. It has been
determined that businesses must address business sustainability factors in order to expand their
total operations. This will have a favourable impact on corporate practices and performance,
allowing environmental targets to be met. It has been defined that an erm framework is necessary
for giving information and resources necessary for the strong and efficient implementation of an
environmental management system strategy with the goal of resolving business issues while also
improving overall performance and effectiveness. Appropriate quality system strategy since it
will aid in developing employee awareness of environmental issues as well as the business's
duties to people and the environment.

REFRENCES
Books and Journal
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younger generation: An avenue towards a green economy. Sustainable
Development, 28(4), pp.585-594.
Findler, F., Schönherr, N., Lozano, R. and Stacherl, B., 2019. Assessing the impacts of higher
education institutions on sustainable development—an analysis of tools and
indicators. Sustainability, 11(1), p.59.
Hope, A., 2016. Creating sustainable cities through knowledge exchange: A case study of
knowledge transfer partnerships. International Journal of Sustainability in Higher
Education.
Visvizi, A., Lytras, M.D. and Daniela, L., 2018. Education, innovation and the prospect of
sustainable growth and development. In The future of innovation and technology in
education: Policies and practices for teaching and learning excellence. Emerald
Publishing Limited.
Chofreh, A.G., Goni, F.A. and Klemeš, J.J., 2017. Development of a roadmap for Sustainable
Enterprise Resource Planning systems implementation (part II). Journal of cleaner
production, 166, pp.425-437.
Kitamura, Y., 2019. Safety Education from the Perspective of Education for Sustainable
Development (ESD). In Education in Japan (pp. 221-237). Springer, Singapore.
Tran, T.M.T., Yuen, K.F., Wang, X. and Li, K.X., 2020. The antecedents of sustainable shipping
management and organisational performance: resource accumulation and orientation
perspectives. International Journal of Physical Distribution & Logistics Management.
Bagheri, M. and Movahed, S.H., 2016, November. The effect of the Internet of Things (IoT) on
education business model. In 2016 12th International Conference on Signal-Image
Technology & Internet-Based Systems (SITIS) (pp. 435-441). IEEE.

Hosseininia, G. and Ramezani, A., 2016. Factors influencing sustainable entrepreneurship in
small and medium-sized enterprises in Iran: A case study of food
industry. Sustainability, 8(10), p.1010.
Camilleri, M.A., 2017. Corporate sustainability, social responsibility and environmental
management. Cham, Switzerland: Springer International Publishing.
Rana, M.R.I. and Ha-Brookshire, J., 2018. New conceptual framework for fashion business
ideation, negotiation, and implementation undergraduate curricula for sustainable
development. International Journal of Fashion Design, Technology and Education.
Rana, M.R.I. and Ha-Brookshire, J., 2018. New conceptual framework for fashion business
ideation, negotiation, and implementation undergraduate curricula for sustainable
development. International Journal of Fashion Design, Technology and Education.