Green entrepreneurship: A review of sustainable business practices in manufacturing and high-tech industries
This paper aims to examine sustainable practices within the manufacturing and high-tech industries, highlighting how green entrepreneurship and sustainable business practices are reshaping these sectors. As global pressures to address climate change intensify, these sectors are increasingly adopting sustainable strategies that not only reduce environmental impact but also drive economic growth. The paper discusses key sustainable practices, including energy management, advanced manufacturing technologies, and supply chain optimization, highlighting their significance in reducing carbon emissions and enhancing operational efficiency. Case studies from leading companies, such as Toyota, Google, and Apple, illustrate how innovations in renewable energy, automation, and ethical sourcing are being integrated into business models to support long-term sustainability goals. Additionally, the paper examines the challenges faced by organizations, particularly smaller enterprises, in implementing these practices, and the critical role of international regulatory frameworks in ensuring global sustainability standards. The analysis underscores the importance of the “triple bottom line” approach – profit, people, and planet – as a strategic framework for businesses aiming to achieve resilience and leadership in the emerging green economy. The findings suggest that while the transition to sustainable practices presents significant challenges, it also offers substantial opportunities for long-term economic and environmental benefits.
Publication Details
- Journal
- Springer Link (Chiba Institute of Technology)
- Published
- 2024-10-09
- DOI
- https://doi.org/10.1051/bioconf/202413008001/pdf
- Primary Topic
- Environmental Sustainability in Business
- Type
- article
- Field-Weighted Citation Impact
- 0.00