What is Business Sustainability

1.

These are the efforts that a company makes to sustain its economic activity, considering social and environmental factors, and making its management a responsible action with resources. Sustainability is an important concept in the activities carried out by companies because it establishes a measurement parameter regarding how they use their financial, human, and operational resources, and how they treat tangible resources (inputs, materials, and even waste). It is also a way to analyze what business practices they have. Regarding their culture and if they consider, for example, the environment, the community with which they live, or the workers. Learn more in: The Impact of the Work Environment on Innovation and Business Sustainability in SMEs: The Case of San José de Cúcuta, Colombia

2.

Sustainability is a comprehensive approach to management of organizations which is focused on creating and maximizing long-term economic, social and environmental value. It is a response to the challenges of the modern world facing organizations from the public and private sectors (e.g., https://www2.deloitte.com/ru/en/pages/risk/solutions/sustainability-and-csr.html ). Learn more in: Challenges in Green Intellectual Capital and Knowledge Management in Sustainability and Industry 4.0

3.

Creation of long-term value within a business by taking adequate measures in ensuring the processes, products, and manufacturing activities are operated well within an ecological, social and economic environment while maintaining a profit. Learn more in: Strategic Measures and Tactical Interventions for COVID-19 Impact Relief on SMEs

4.

Relates to the creation of long-term value within a business by taking adequate measures in ensuring the processes, products, and manufacturing activities are operated well within an ecological, social and economic environment while maintaining a profit. Learn more in: SMEs and Business Sustainability: Achieving Sustainable Business Growth in the New Normal

5.

It refers to the process of running a company in a manner that addresses the aspects of social, economic, and environmental issues. Learn more in: Post-Pandemic Sustainability Strategies for Zimbabwean SMEs

6.

A strategy that prioritizes the long-term survival of a business while connected to the ecological, social, and cultural systems. Through this strategy, cooperatives can continue to exist and develop. Learn more in: Business Model of Palm Oil Smallholding in South Sumatra, Indonesia: Challenges and Future Prospects

7.

Management and coordination process that articulates financial, social and environmental risks in a responsible and ethical way, seeking to promote business success with development. Learn more in: Tourist Cooperation in Mountain Destinations: Concepts, Positions, and Challenges in the Serra da Estrela Natural Park

8.

Relates to the establishment of long-term value within a business by integrating adequate measures in ensuring the processes, products, and manufacturing activities are operated well within an ecological, social and economic environment while maintaining a profit. Learn more in: Advancing SME Sustainability: Rising Above the Atrocities of Crisis

9.

Refers to SME capability to continue its business operations for an indefinite period, sustain itself in a rapidly changing world and market by balancing economic, social, and environmental impact. Learn more in: Global Institutions and ESG Integration to Accelerate SME Development and Sustainability

10.

The process by which companies manage their financial, social and environmental risks, obligations and opportunities, otherwise referred to as profits, people, and planet. Learn more in: Social Responsibility in Higher Education Institutions: The Example of Mentor Youth Guidance Programme by the University of Nicosia