Provide examples of business practices that support the three dimensions of sustainability (environmental, social, and economic)

Answer 1

Environmental sustainability:
Waste management—Reduce waste and manage recycling efforts
Energy optimization—Reduce consumption during peak energy demand times
Transportation optimization—Design efficient vehicles and design routes to save fuel
Technology upgrades—Develop improvements to save energy and clean and reuse water in manufacturing processes
Air quality—Reduce greenhouse gas emissions
Sustainable product design—Design goods whose parts can be recycled or safely disposed of

Social sustainability:
Product safety—Ensure consumer safety in using goods and services
Workforce health and safety—Ensure a healthy and safe work environment
Ethics and governance—Ensure compliance with legal and regulatory requirements and transparency in management decisions
Community—Improve the quality of life through industry–community partnerships

Economic sustainability:
Performance excellence—Build a high-performing organization with a capable leadership and workforce
Financial management—Make sound financial plans to ensure long-term organizational survival
Resource management—Acquire and manage all resources effectively and efficiently
Emergency preparedness—Have plans in place for business, environmental, and social emergencies