What are the Challenges in Implementing Sustainability Initiatives?
Despite the benefits, businesses often face challenges in implementing sustainability initiatives, including:
Cost: Initial investments in sustainable technologies and practices can be high, which may deter some businesses. Resistance to Change: Employees and stakeholders may resist changes to established processes and practices. Lack of Knowledge: Businesses may lack the expertise or information needed to implement effective sustainability measures. Market Pressure: In highly competitive markets, the pressure to cut costs and increase profits can undermine sustainability efforts.