Research article

THE IMPORTANCE OF GREEN MANAGEMENT AND ITS IMPLICATION IN CREATING SUSTAINABILITY PERFORMANCE ON THE SMALL-SCALE INDUSTRIES IN INDIA

*1ViKas Kumar Khare, 2Dr. Sandeep Raghuwanshi

Online First: December 30, 2022


Businesses have been running under the guise of general management systems for a long time, not paying attention to how they affect the environment. Gases escaping, natural harm produced by chemical compounds, the environmental damage caused by solid waste, and environmental contamination are being ignored. Along with global warming, corporations are refocusing their efforts on green management, which is concerned with minimizing environmental damage. Businesses manufacture environmentally friendly products in the twenty-first century to ensure their continued existence and boost their profitability and productivity due to their contact with the environment. Businesses implement green management practices to minimize their environmental impact. Businesses have an advantage over their competitors because they make environmentally friendly products, use environmentally friendly technology, and think about the environment. Almost every industry, through a variety of applications, creates environmentally beneficial activities within itself, such as environmentally friendly hybrid vehicles in the automotive sector, recyclable papers in the paper industry, green star applications in the tourism sector, ease of recycling packaging in the food sector, and the production of environmentally friendly products are all examples of activities that take place in a green management-focused environment. Some various elements and authorities push enterprises to practice environmentally responsible management. The government encourages enterprises to practice green management through its policies and programs. The government provides specific incentives and awards to industries and enterprises that practice environmentally friendly management. To implement green management, businesses must prioritize their objectives, visions, targets, tactics, strategies, and politics. Along with their appropriate strategies, firms that practice green management with an emphasis on the environment obtain a competitive edge over their competitors through environmentally friendly products and rules. Businesses teach their customers and employees about the environment by making environmentally friendly products and giving out information about the environment.

Keywords

#