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Balancing Financial Goals and Sustainability Objectives
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Balancing Financial Goals and Sustainability Objectives
Making the Right Decision
Tension around the financial objectives and the sustainability initiatives is a gray area for the organizational leaders in today’s business landscape. Businesses face pressure from concerned consumers to make environmentally friendly practices, yet still manage to hit the financial target. That balancing act calls for good decisions that marry the economic and sustainability agendas.
This paper tries to address how to traverse this challenge by talking about investing in green technology, thoroughly assessing the long-term effects and overall stakeholder engagement. By concentrating on these elements, the organizations will in a small amount of time create a framework that ensures a dual success between financial and environmental responsibility.
It is important to understand the Dilemma between (a) Financial vs (b) Sustainability Goals.
The Traditional View
According to historical thought, businesses have alwa
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