Green Initiatives in Commerce and Management: A Commitment Towards Sustainability

Green initiatives are concerned with the green innovation, reduction of waste, minimisation of carbon footprints, energy conservation and environment protection. These initiatives are the eco-friendly business practices adopted by the companies for achieving an economic and environmental sustainability and social well-being. The initiatives have the contemporary relevance and significance in the business world. The awareness in respect of green initiatives is growing day by day among the companies, employees and customers. The initiatives not only contribute to environmental and energy preservation but also to reduce carbon emissions and promote environmental sustainability. This paper throws light on the green initiatives in commerce and management taken by the companies as a commitment towards sustainability. The initiatives, discussed in the paper, are – Green Supply Chain Management, Green Production, Reduce– Recycle – Reuse, Management of Waste, Green Marketing, Eco-friendly Packaging, Renewable Energy Adoption, Green Finance, Green Human Resource Management and Green Transportation. These initiatives help the companies to develop an eco-friendly environment for the sustainable development.