Green Business Wave or Greenwashing?
Businesses historically have had a complicated relationship with the natural environment. The Industrial Revolution, marked by the boom of economic development and birth of modern business, emerged at the expense of natural resources and public health. Historical and current business activities continue to contribute to some of our most pressing global challenges, including climate change, resource scarcity, and social inequality. Concepts such as corporate social responsibility and environmental social governance attempt to establish a new relationship between business, the environment, and communities. These principles aspire to synergize business prosperity, sustainability, and social equity.