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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By demonstrating a commitment to sustainability and corporate responsibility, companies can attract socially conscious consumers who are willing to pay more for environmentally friendly products and services. This can lead to increased demand and revenue, resulting in economic profits for the company. Additionally, implementing sustainable practices such as energy efficiency and waste reduction can lead to cost savings and operational efficiencies, further contributing to the company's bottom line.

Company Initiatives to Address Sustainability and Corporate Responsibility Not Only