sustainable-business

Vocabulary Word

Definition
'Sustainable business' is a business that tries to make sure it's not hurting the environment or society in its actions. It might focus on things like recycling, reducing waste, or being fair to workers.
Examples in Different Contexts
In entrepreneurship, starting a 'sustainable-business' means building a business model that is economically viable, socially responsible, and environmentally friendly. An entrepreneur might declare, 'Our startup is a sustainable-business focused on zero-waste products and ethical sourcing.'
Practice Scenarios
Tech

Scenario:

Our top priority should be to ensure our product life cycles don't negatively affect the environment.

Response:

Absolutely, implementing a sustainable product lifecycle that minimizes e-waste should be a hallmark of our sustainable business.

Innovation

Scenario:

We've got a tremendous opportunity ahead of us to make a genuinely positive impact on the environment through our technologies.

Response:

True, introducing eco-friendly innovations will establish us as a forward-thinking and sustainable business.

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