Sustainable Business: Concepts and benefits of sustainable practices

Sustainable business is an approach for managing the business in such a way that it generates economic benefits but its negative impacts on the environment, community, and society is reduced. Sustainable businesses have environmentally and socially conscious policies that focus on meeting triple bottom line of people, planet, and profit.

Academic questions on Sustainable Business

The assessment requires you to choose ANY ONE of the following themes from the UN’s Sustainable Development Goals and write a 3000-word report. The UN’s Sustainable Development Goals can be accessed here.

• Theme 1: Affordable and Clean Energy (Goal 7)
• Theme 2: Decent Work and Economic Growth (Goal 8)
• Theme 3: Sustainable Cities and Communities (Goal 11)
• Theme 4: Responsible Consumption and Production (Goal 12)
• Theme 5: Climate Action (Goal 13)
• Theme 6: Life Below Water (Goal 14)

The report should include the following:

Executive summary – This is not included in the word count. For the executive summary, you will provide a brief snapshot of the entire report. This should include: A brief introduction of the chosen theme. A brief introduction of the chosen organisation, it’s sustainability vision and mission. Sustainability theories used.

Introduction to Sustainability theme – For this section, you will provide an overview of the chosen sustainability theme. This should include: – Brief description of the theme. Key issues associated with the theme and its impact across the globe.

Organisation – For this section, you will choose any one for-profit organisation and provide detailed information of your chosen organisations’ sustainability practice(s) in relation to the selected theme. This should include: – Sustainability actions/practices that the organisation adopts to resolve the issues you identified for the chosen theme. How the noted sustainability practices(s) impact the social(people), environmental(planet) and economic(profit) performance. What sustainability reporting standards does the organisation adhere to?

Exploration of theory – For this section, you will select at least two models (in relation to the business functions) that can support your chosen organisation and resolve issues you identified as part of the chosen theme. This should include: – A brief description of selected model E.g., sustainable marketing or sustainable HR or sustainable finance or sustainable supply chain management. Clear justification of how the research gathered can add further value in supporting the organisation to resolve issues in relation to chosen theme. Recommendation. Based on your findings from theory, provide recommendations on how your chosen organisation can improve or develop their sustainability practices.

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