Abstract
Recent times have seen climate change crises and environmental imbalances becoming a major global concern. The changes in climate lead to numerous problems including global warming, ozone layer depletion, resource deterioration, soil erosion, deforestation, and
others. Numerous national and international treaties and policies have been established to safeguard the environment, ranging from the UNFCCC to the recent Paris Agreement, with the goal of addressing escalating environmental challenges. The idea of sustainable
development is linked to global issues concerning human activity and the operation of economies and societies in both developed and developing nations. For economic entities, this signifies a method of management that considers economic, environmental, and social
factors associated with their operations simultaneously and on equal footing. In organizations pursuing this developmental route, a new caliber of management should emerge.In economic practice, organizations need to increasingly concentrate on products (and/or services), technologies, and resources that provide benefits not just for the organization but also for the broader environment. Overseeing such an organization demands not just a shift in the mindsets and actions of both managers and staff, but also recognizing and incorporating the inventive application of both physical and non-physical resources, as well as the development of novel ideas and approaches.