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Sustainable Business: Practices, Trends, Benefits, Challenges, and Innovative Strategies

Author

Listed:
  • Mussie T. Tessema
  • Huh Jung Hahn
  • Scott Buck
  • Maddie Burke
  • Thomas Coppola
  • Katie Kasprzak
  • Whitni Kral
  • Gust Petropoulos

Abstract

Sustainability has emerged as a crucial aspect in today’s business world. This study explores sustainable business practices (SBPs) in the U.S., highlighting the concept, trends, benefits, and challenges, with a focus on the construction and food industries. It argues that despite the costs and hurdles, the benefits of SBPs often outweigh these challenges. The study emphasizes the need for a strategic approach to sustainability that perceives SBPs beyond just enhancing reputation, complying with regulations, or as short-term operational improvements. It also discusses the implications of these practices and suggests directions for future research.

Suggested Citation

  • Mussie T. Tessema & Huh Jung Hahn & Scott Buck & Maddie Burke & Thomas Coppola & Katie Kasprzak & Whitni Kral & Gust Petropoulos, 2024. "Sustainable Business: Practices, Trends, Benefits, Challenges, and Innovative Strategies," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 17(2), pages 1-73, March.
    • Handle: RePEc:ibn:jsd123:v:17:y:2024:i:2:p:73
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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