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Three Essential Components Of Small Business Sustainability Strategies

July 02, 2019 / ceoworld
SHARESHARESHARE

Small business sustainability strategies don’t just promote energy efficiency and social responsibility. They can improve a brand’s reputation, particularly with younger, socially conscious consumers. They can also help organizations strengthen their position in the marketplace. Sustainability requires a balance of tactics. It involves reducing a business’s carbon footprint and maintaining long-term operational and financial health. It’s much more than installing new LED light bulbs. A successful sustainability strategy involves three key components: Businesses should work to reduce their negative impact on the planet. Doing so is a key component of small business sustainability strategies; particularly as all types of industries face increased pressure from customers and regulators.