The 2nd grand gala 'World Entrepreneurship Summit-2020' will be held at Bangalore, India on 8th Feb 2020 on 'Smart Green Start-up and Sustainable Development.' Looking for companies / start-up / interested individuals to join hands with us.. Sustainable business, or a green business, is an enterprise that has minimal negative impact on the global or local environment, community, society, or economy—a business that strives to meet the triple bottom line. Often, sustainable businesses have progressive environmental and human rights policies. In general, business is described as green if it matches the following four criteria:
A sustainable business is any organization that participates in environmentally friendly or green activities to ensure that all processes, products, and manufacturing activities adequately address current environmental concerns while maintaining a profit. In other words, it is a business that “meets the needs of the present [world] without compromising the ability of future generations to meet their own needs.” It is the process of assessing how to design products that will take advantage of the current environmental situation and how well a company’s products perform with renewable resources. The Brundtland Report emphasized that sustainability is a three-legged stool of people, planet, and profit. Sustainable businesses with the supply chain try to balance all three through the triple-bottom-line concept—using sustainable development and sustainable distribution to affect the environment, business growth, and the society.
Everyone affects the sustainability of the marketplace and the planet in some way. Sustainable development within a business can create value for customers, investors, and the environment. A sustainable business must meet customer needs while, at the same time, treating the environment well. To succeed in such an approach, where stakeholder balancing and joint solutions are key, requires a structural approach. One philosophy, that include many different tools and methods, is the concept of Sustainable Enterprise Excellence.
Sustainability is often confused with corporate social responsibility (CSR), though the two are not the same. Bansal and DesJardine (2014) state that the notion of ‘time’ discriminates sustainability from CSR and other similar concepts. Whereas ethics, morality, and norms permeate CSR, sustainability only obliges businesses to make intertemporal trade-offs to safeguard intergenerational equity. Short-termism is the bane of sustainability. Green business has been seen as a possible mediator of economic-environmental relations, and if proliferated, would serve to diversify our economy, even if it has a negligible effect at lowering atmospheric CO2 levels. The definition of "green jobs" is ambiguous, but it is generally agreed that these jobs, the result of green business, should be linked to clean energy, and contribute to the reduction of greenhouse gases. These corporations can be seen as generators of not only "green energy", but as producers of new "materialities" that are the product of the technologies these firms developed and deployed.
Prof. Bholanath Dutta, Mrs. Lekha Sistha, Dr. Sheelan Misra, Barriester Shameem Haider Patwary and Mr. Pranab K Pani lighting the lamp.
Prof. Bholanath Dutta, Chairman, GEG and President- MTC Global delivering the Chairman Address at World Entrepreneurship Summit-2019.
Top Panel Speakers: Dr. Md. Mahboob Ali, Mr. Dhananjay Parekh, Mr. Chidambaram C, Dr. Ethirajan Bhaskarran, Mr. Amit Singh, Mr. Paras Parekh, Mr. Prathap
Book Release '10 Mantras of Entrepreneurship' authored by Mr. Swapan Kr. Ghosh, Founder and CMD, KMRPL, West Bengal
Prestigious Global Entrepreneur Award-2019 conferred upon to Mr. Mostafiz, CMD, One Pharma Limited, Dhaka, Bangladesh.
Valedictory Program : Mr. Ish Anand, Mr. Mostafiz and Mr. Swapan Kumar Ghosh.
Chairman, GEG addressing the delegates at World Entrepreneurship Summit-2019