Creating sustainable corporations

Corporate industrial activities of the past are environmentally unsustainable. Many of today's environmental crises are rooted in an unsustainable pattern of industrialization. Sustainable economic development can be ushered in only if corporations, the main economic engines of the future, are made environmentally sound. This can be facilitated through ‘total environmental management,’ and ‘sustainable organizational design’. Although many companies have embraced the practice of environmental management, few have seriously engaged the idea of sustainability. Those that do might reap competitive and financial benefits.