Challenges
Implementing sustainable business practices may have an effect on profits and a firm's financial 'bottom line'. This challenge might make many corporate executives cringe. During a time where environmental awareness is popular, green strategies are likely to be embraced by employees, consumers, and other stakeholders. In fact, according to many studies, a positive correlation exists between environmental performance and economic performance.
Read more about this topic: Sustainability Practices In Organizations
Famous quotes containing the word challenges:
“A powerful idea communicates some of its strength to him who challenges it.”
—Marcel Proust (1871–1922)
“The approval of the public is to be avoided like the plague. It is absolutely essential to keep the public from entering if one wishes to avoid confusion. I must add that the public must be kept panting in expectation at the gate by a system of challenges and provocations.”
—André Breton (1896–1966)