Author(s) :   Dr. Satvir Singh

Abstract : Rapid growth of population, poverty, water crisis and growing environmental issues like pollution and climate change are gigantic challenges for mankind in 21th century and the world is facing to all these big encounters. In 2015 the United Nations Member States adopted 17 Sustainable Development Goals (SDGs) to achieve a sustainable future for planet-the mother Earth by ending poverty, fighting discrimination and resolving the issue of climate change. The business community can play very significant role in this effort to make this future a reality by adopting Green business. Green business is also known as sustainable business. Sustainable business practices can decrease the costs of operating a business whilst being eco-friendly. The main objective of this paper is to elaborate the concept of green business. The paper reveals the significance of sustainable business as a tool for sustainable development. The paper highlights the fact that in the present scenario, great number of companies are observing their impact on the environment and adopting Environmental, Social and Corporate Governance standards, known as ESG and moving towards ethical and sustainable business operations.

Keywords: Green Business, Sustainable Development, Eco friendly, Sustainable Practices.

DOI : 10.61161/ijarcsms.v11i10.2

Pages : 16-20

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