Sustainability, a priority
The word ‘sustainability’ is thrown around liberally these days. But what does it really mean? At its core, sustainability is a business approach to creating long-term value by considering how an organisation operates not only in the economic but also social and ecological environments. Today, consu...
Saved in:
| Main Author: | |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2022
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/ami/190 https://ink.library.smu.edu.sg/context/ami/article/1197/viewcontent/2_AMI18_Editor.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |
| Summary: | The word ‘sustainability’ is thrown around liberally these days. But what does it really mean? At its core, sustainability is a business approach to creating long-term value by considering how an organisation operates not only in the economic but also social and ecological environments. Today, consumers across all generations, from baby boomers to Gen Z, are demanding more sustainable purchasing options and environment, social, and governance (ESG) initiatives from the retailers they patronise, putting pressure on businesses to up their sustainability game if they want to stay competitive. |
|---|