This research paper analyses sustainable development goals and challenges of sustainability. The United Nations has seventeen sustainable goals, each with a target. Some of the goals include the following. The eradication of poverty through economic empowerment. Secondly, ensuring zero hunger by maintaining food security. Thirdly, ascertaining gender equality in all places from work to leadership. Fourthly, taking climate action through the management of global warming and climatic changes. Achievement of these goals seems difficult, although it is important in conserving human life and the environment. They are important in encouraging social mobilization. Moreover, in stakeholder mobilization across networks in countries. There also exist effects of sustainability on stakeholders.
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UNDERSTANDING THE CHALLENGES OF SUSTAINABILITY
Business owners must devise ways of advancing business sustainability through learning processes and implementation. In the process of learning and implementation, business owners face various challenges. The challenges of sustainability include the following. Public policy and climate change is a significant challenge for current and future generations. The climate keeps changing, and hence governments place strict policies toward the protection of the environment. These policies are expensive for businesses. Secondly, collaborating for sustainability is a challenge due to indifference to stakeholder needs. As a result, there are effects of sustainability on stakeholders. Thirdly, sustaining sustainability programs is time-consuming and expensive.
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THE EFFECTS OF SUSTAINABILITY ON STAKEHOLDERS
Sustainability has many forms. This section focuses on environmental sustainability. When a company implements the environmental sustainability processes, it affects the stakeholders in several ways. Stakeholders are the customers, employees, shareholders, and communities around the business. Many companies are adopting environmental sustainability since it is a regulatory requirement and public need. The effects of sustainability on stakeholders include the following. Stakeholders’ support for environmental sustainability is required while maintaining a say in the company’s goals. Additionally, the effects are sometimes positive. For example, the community benefits from environmental protection through corporate social responsibility. Also, shareholders receive high returns on investment due to the improvement in company image.
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