Impact of Regulatory Requirements on Sustainability Initiatives

Impact of Regulatory Requirements on Sustainability Initiatives

Though sustainability initiatives are often driven by regulatory requirements, an increasing number of companies notice that they frequently result in decreased operating costs and increased revenues. Recent research has shown a strong and positive link between successful sustainability strategy and corporate value. Thus, sustainability can enhance businesses in several ways.

In a 6 page paper, explain and analyze how one organization or company in the Kingdom of Saudi Arabia benefits from sustainability initiatives. Support this with at least two professional references that support your analysis.

Use academic writing standards and APA style guidelines, citing references as appropriate.

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Introduction

Business sustainability which is also well known as corporate sustainability refers to the coordination and management of social, environmental and concerns and demands in financial matters to ensure ethical, responsible and continuous ongoing success.  Therefore, environmental, social and economic needs are considered in the broader context as the main pillars of sustainability (Hansmann et al., 2012). Currently, businesses are experiencing a more competitive landscape,

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