Millennium Magazine_14th Ed_Liz Lam

Sustainability in Business and the Growing Trend of Eco-Friendly Initiatives More companies have decided to incorporate sustainability practices into their daily operations in recent years. This is a result of the growing concerns about environmental issues and the understanding that implementing green initiatives can be profitable. Sustainability practices can involve anything from reducing energy use and waste to using eco-friendly materials in production to supporting local communities. Many businesses have found that investing in sustainable practices can save money in the long run, as well as make them more attractive to consumers who are looking for companies that are actively trying to improve their environmental impact. Utilizing a circular economy strategy is one of the ways companies are integrating sustainability practices. This indicates that materials and products are created with the intention of being recycled, reused or repurposed, which can lower the overall cost of resources needed, as well as lower production and waste costs.

RkJQdWJsaXNoZXIy MTQ5NDA2