Sustainable Business Practices: A Comparative Study of Global Corporations
Keywords:
Sustainable business practices, corporate sustainability, global corporations, environmental impact, stakeholder engagement, resource efficiency, ethical sourcing, sustainability frameworksAbstract
Sustainable business practices have become a critical component of corporate strategy in the global marketplace. This study conducts a comparative analysis of sustainable practices adopted by leading global corporations across different industries and regions. By examining various sustainability frameworks, this research highlights the effectiveness of different strategies and their impact on corporate performance, stakeholder engagement, and environmental outcomes. The findings reveal that while there are common practices such as resource efficiency and ethical sourcing, regional variations and industry-specific challenges influence the implementation and success of these practices. This study aims to provide valuable insights for businesses seeking to enhance their sustainability efforts and for policymakers shaping environmental regulations.