What Challenges Do Businesses Face in Environmental Protection?
Businesses encounter several challenges when implementing environmental protection measures:
1. High Initial Costs: The upfront investment required for sustainable technologies and practices can be substantial. 2. Complex Regulations: Navigating the myriad of local, national, and international environmental regulations can be complex and time-consuming. 3. Balancing Profitability and Sustainability: Striking a balance between financial performance and environmental responsibility can be difficult, especially for small and medium-sized enterprises (SMEs). 4. Consumer Perception: Convincing consumers to pay a premium for sustainable products can be challenging.