Sustainability and Customer Value in Business Practices

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21 Terms

1

Sustainability

Meeting present needs without compromising future generations.

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2

Circular Economy

Economic system aimed at minimizing waste.

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3

B Corps

Businesses meeting high social and environmental standards.

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4

B Impact Assessment

Evaluation of company's impact on stakeholders.

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5

Consumer Priorities

Factors influencing consumer choices regarding sustainability.

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6

Sustainability Ratings

Evaluations of companies based on ESG criteria.

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7

ESG Funds . enviormental social governance

Investment funds focused on environmental, social, governance criteria.

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8

Transformation Cycle

Process of evolving business practices for sustainability.

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9

Natural Solutions

Biological methods for enhancing food freshness.

<p>Biological methods for enhancing food freshness.</p>
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10

CEO Prioritization

Leadership focus on integrating sustainability into strategy.

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11

Sustainability Habits

Consumer behaviors supporting sustainable practices.

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12

Sustainability in Practice

Real-world applications of sustainable principles.

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13

Water Bottles

Example of product sustainability challenges.

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14

Toothbrushes

Consumer products with varying sustainability attributes.

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15

Orsted

Denmark company transitioned to renewable energy.

<p>Denmark company transitioned to renewable energy.</p>
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16

Carbon Emissions Reduction

Decrease in greenhouse gases from business operations.

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17

Economic Performance

Financial success linked to sustainable practices.

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18

Waste Reduction

Minimizing waste generation in production processes.

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19

Sustainably Sourced Materials

Raw materials obtained with minimal environmental impact.

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20

Recycling

Process of converting waste into reusable materials.

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21

Sustainbility in practice

Minimize environmental damage• Circular economy idea• Reduce waste• Disposal• Social• Community needs, employee needs• Economic• Economic performance matters

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