The ways businesses think have changed. Stakeholders, societies, governments, and others interested today demand that businesses act in ways that benefit not simply their own bottom line but also people and the environment.
This is owing to the fact that sustainable economic growth is now critical for our future rather than merely a business. Global Risks Report 2020 shows environmental risks, such as the failure of climate change initiatives, leading the lists of the top global risks published by the World Economic Forum with regard to impact and likelihood.
The top threats also included societal dangers like infectious diseases and water shortages. What is Corporate Sustainability? The concept of corporate sustainability is a novel and developing corporate management model.
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