Company initiatives to address sustainability and corporate responsibility not only "do the right thing," but also can lead to economic profits by increasing demand for the company's products and services.

Question

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Sustainability and corporate responsibility initiatives can attract eco-conscious consumers who are willing to pay a premium for environmentally-friendly products or support socially responsible companies. This can increase demand for the company's products and services, resulting in economic profits. Additionally, implementing sustainable practices can also reduce costs by improving efficiency and reducing waste.

Company Initiatives to Address Sustainability and Corporate Responsibility Not Only