What Are the Challenges in Implementing Environmentally Friendly Practices?
Despite the benefits, there are several challenges businesses may face:
- Initial Costs: The upfront investment required for energy-efficient technology or renewable energy sources can be high. - Supply Chain Complexity: Ensuring that all parts of the supply chain adhere to sustainable practices can be complex and challenging. - Consumer Perception: Some consumers may perceive environmentally friendly products as more expensive or less effective. - Regulatory Compliance: Keeping up with changing environmental regulations can be demanding for businesses.