Abstract

Government managements in every country, at each stage and from all parts of the world are beginning to classify the criticality of highlighting the challenges of sustainability. The high demand of the philosophy of sustainability is being developed in public policy debates. Analyzing the chances of sustainability is an essential element which goes beyond the nation’s local plans. It is hard for any nation to practice sustainability if their own government systems which run the organizations of different sectors are unsustainable. In other words, it is impossible for several industries to easily generate economic, environmental and social significances by updating their strategy or pioneering applications when international marketing motivations exist in the opposite dimension. However, as a result of the high demand of sustainable products in the industry, many of the governments have found themselves to be obligated to align with green strategy and policy to facilitate the shift to a sustainable economy which is more resourceful and reasonable for all the stake holders. The vital role of governments consists of setting robust and sustainable policies to regulate the business mechanism for the individuals and industries. The authors give an example of environmental performers to support their claim. This review paper will highlight the role of the three main players in the Sustainable Development Future: government, industry, and society from a new and integrated perspective.

Highlights

  • As a result of the high demand of sustainable products in the industry, many of the governments have found themselves to be obligated to align with green strategy and policy to facilitate the shift to a sustainable economy which is more resourceful and reasonable for all the stake holders

  • This review paper will highlight the role of the three main players in the Sustainable Development Future: government, industry, and society from a new and integrated perspective

  • Even if the government distinguishes its duties in these partnerships, assumes a controlling role and reduces the autonomy of the private sector, this can still be circumvented if they commit to their legislative role solely via strategies, laws, and regulations (Tayab et al, 2018)

Read more

Summary

Kashwani DOI

Rajak believes that to build partnerships for sustainability, governments should progressively cooperate with all stakeholders, such as private sectors and society members. This could potentially lead to two different results, depending on the government’s efficiency. Even if the government distinguishes its duties in these partnerships, assumes a controlling role and reduces the autonomy of the private sector, this can still be circumvented if they commit to their legislative role solely via strategies, laws, and regulations (Tayab et al, 2018) Even in this specific role, the government should extend their knowledge about sustainable enterprise continuously to set an updated and adaptive model and framework. The shift towards sustainability is a chief change which requires a commitment and uplift to all the contributors within stakeholders from the governments especially in the initial stages

The Industry Role
The Society Role
Conclusion

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.