We’ve been discussing aspects of social impacts and sustainability in my last few articles. I’ve recently come across some excellent discussions on the interrelationship between sustainability and economics. The gist of the discussions is that there is not a trade-off between a sustainable business model or sustainable manufacturing and profit – one can minimize the impact to the environment and maximize profit at the same time.
Now, I am not an economist and I am cannot attest to the validity of all the arguments. But, the ones we will review here are logically put forward and seem, to me, reasonable. You can be the judge.
Back in September of 2009 in a posting I referred to a MIT Sloan School- Boston Consulting Group Study on business cases for sustainability.