Importance Of Sustainability In Business
According to the World Commission on Environment and Development ‘Sustainable development …show more content…
Presently, majority of corporates have had to become aware of the importance of environmental and ethical issues in sustainable development. (Donaldson, T, Werhane, P.H. and Cording, M, 2002) Many multinational corporations such as Coca Cola and Nestle; two worldwide famous beverage corporates in food and agriculture industry are amongst the most successful in terms of positioning sustainability as their development goal, although either of them has distinct environmental policies.
According to Forbes magazine ’Nestle once again sits at the top of the food industry thanks to the $92 billion in revenue and $9.4 billion in profit’ As the world’s largest food manufacturer,Nestle publishes ‘Nestle Policy on the Environment’ in