This article may lend undue weight to certain ideas, incidents, or controversies. (May 2013) |
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Environmental economics |
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A sustainability organization is (1) an organized group of people that aims to advance sustainability and/or (2) those actions of organizing something sustainably. Unlike many business organizations, sustainability organizations are not limited to implementing sustainability strategies which provide them with economic and cultural benefits attained through environmental responsibility. For sustainability organizations, sustainability can also be an end in itself without further justifications.
Recently,[when?] the natural environment has become a key strategic issue in both the business and academic communities. Through "implementing sustainability strategies, firms can integrate long-run profitability with their efforts to protect the ecosystem, providing them with opportunities to achieve the traditional competitive advantages and cost leadership and market differentiation via environmental responsibility".[1] Sustainability strategies have been persistently employed in a number[quantify] of organizations.