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 global trade, a 'sustainable-business' prioritizes sustainability across its operations and supply chains. A trade analyst might note, 'Sustainable-business practices are increasingly important for companies looking to expand internationally, as consumers and regulations demand more environmental and social accountability.'

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.