SUSTAINABLE MANAGEMENT PRACTICES
Authors : Swastika Upadhyay , Anchal Bharti
Abstract
Sustainable Management Practices are about doing business in a way. You have to be
responsible when you do business. A company needs to make money . The Practices are
focused on doing for a long time not just making a lot of money fast.
Companies are supposed to use water and other things we get from nature carefully so we do
not waste them. They have to think about the people who will be alive after us and make sure
they have what they need. The Practices are important, for our future.
Green Supply Chain and Logistics Management is about making Green Supply Chain and
Logistics Management environment friendly . They try to use plastic and packaging. They also
try to save fuel when they transport things.
Companies are using vehicles or vehicles that use less fuel. They plan the delivery routes
carefully. Warehouses are using energy and they make sure to dispose of waste properly. The
main goal of Green Supply Chain and Logistics Management is to reduce pollution and protect
the environment.
The Circular Economy and Business Models are about using things again and again. They want
us to reuse, recycle and reduce the things we buy. They can take products that are broken or do
not work anymore and use the parts to make new products .
Companies should do things that help people and the planet. This is called Corporate Social
Responsibility or CSR for short.
Sustainability Reporting is when companies tell us what they are doing to help the environment
and people . Companies share information, about what they're doing for the environment and
society. This helps people trust companies, including the people who buy things from them and
the people who give them money. CSR and Sustainability Reporting are important for
companies to do.
Sustainable Entrepreneurship and Startups are businesses that people start to solve problems
that affect society and the environment and they also want to make money.
Entrepreneurship and Startups work on things like renewable energy, managing waste, farming
in a natural way and finding solutions, for clean water.
The main goal of Sustainable Entrepreneurship and Startups is to make a difference by doing
things in a new way.
It checks how a company treats the environment, the people who work for the company and
how truthful the company is.
ESG is important for people who invest money in companies because it helps them pick
companies that're good and honest.