Emerging Trends In Sustainable Business Practices: A Global Perspective

Abstract

As the world navigates the challenges posed by climate change, resource depletion, and social inequality, sustainable business practices have become increasingly imperative. This paper examines the emerging trends in sustainable business practices from a global perspective, drawing upon insights from diverse industries and regions. Through a comprehensive review of recent literature, this study identifies key themes and developments shaping the landscape of sustainability in business. From the integration of environmental, social, and governance (ESG) criteria into corporate strategies to the rise of circular economy models and responsible supply chain management, a variety of approaches are explored. Moreover, the paper investigates the role of technology, innovation, and policy frameworks in driving sustainable business initiatives. Additionally, it highlights the growing importance of stakeholder engagement and transparency as fundamental pillars of sustainable business practices. By synthesizing current research findings, this paper aims to contribute to a deeper understanding of the evolving dynamics of sustainability in the global business context, offering insights for practitioners, policymakers, and scholars alike.