Group Disccusion 7 Oct 2024
Group Disccusion 7 Oct 2024
by URVASHI
Improved Brand
Reputation: Businesses
that put sustainability Competitive Advantage:
Cost Savings: Putting in
first attract Companies may stand out
place energy-efficient
environmentally in the market by
procedures, cutting
concerned customers, providing distinctive
waste, and making the
which boosts brand goods and services that
best use of available
loyalty and standing in satisfy customers'
resources can result in
the market. A robust increasing need for eco-
large drops in operating
dedication to friendly choices if they
costs.
sustainability enhances a implement sustainable
company's standing and practices early on.
public confidence.
o Design for Longevity: Longevity-
oriented products have longer lifespans
and are easier to repair or refurbish,
which lowers the need for new raw
Transitioning to a materials and lengthens their useful
lives.
• World Wildlife Fund. (2020). Living planet report 2020: Bending the curve of biodiversity loss.
World Wildlife Fund. https://www.worldwildlife.org/publications/living-planet-report-2020