Critical Thinking – MGT 630
Impact of Regulatory Requirements on Sustainability Initiatives
Though sustainability initiatives are often driven by regulatory requirements, an increasing number of companies notice that they frequently result in operating costs and increased revenues. Recent research has shown a strong and positive linkdecreased between successful sustainability strategy and corporate value. Thus, sustainability can enhance businesses in several ways.
In a 4-6 page paper, explain and analyze how one organization or company in the Kingdom of Saudi Arabia benefits from sustainability initiatives. Support this with at least two professional references that support your analysis.
Use Saudi Electronic University academic writing standards and APA style guidelines, citing references as appropriate.
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Answer preview
Sustainability initiatives have increasingly become a benefit to many organizations which are using sustainability strategies to increase their revenues and to cut their operating costs. Sustainability initiatives are the business approaches that value in the long-term by integrating how a company operates in the social, economic, and ecological environment in order to yield sustainable development that meets the needs of today’s generation and that of the future. A number of recent surveys have indicated that implementing sustainability initiatives comes with various benefits which enhance the financial performance of organizations.(1574words)