Sustainability is a loaded concept that conjures a host of different definitions and feelings. For early pioneers within the movement, their concerns and practices were often met with side-eyed confusion from the average consumer. However, as temperatures continue to rise and environmental issues come to a head, more companies and consumers have begun adopting green practices to offset the wasteful habits of the past.
Social responsibility focuses on how businesses can positively affect their local and international community by making decisions that consider the environment, philanthropic giving, ethical business practices, and economic responsibility. In fact, some argue that social responsibility is important because it can benefit a company’s relationship with society, as well as the environment.
What is Circular Economy?
Popularized by the European Union, the concept of a circular economy endeavors to solve the emerging resource problem facing our planet. The dwindling non-renewable resources that humans have depended on for the last century are projected to run out within the next one hundred years, and societies and governments are trying to find solutions to this complicated problem.