Question

Our natural resources are valuable and important to sustain so that we have continued access to these resources in the future. Please answer the following: What is a company’s obligation to contribute to the natural resource’s sustainability? If so, what does that obligation look like? Is this limited to local resources or globally as well

Answer 1

As we know we have scare resources hence it is our responsibility to protect our resource.hence it is companies obligation to contribute Corporate social responsibility scheme.As protection of natural resource is need for current environment.If companies will not take any steps towards protection of natural resource then it will become huge economic cost in short span of time.So it is companies responsbility to protecting valuable areas.This protected area can be converted into business opportunities .If business maintain this resources sustainability then it can create commercial and intrinsic value for business.

Companies must have to avoid wastage of resources .hence companies must to be know about what the nature provides to business and then they have to invest in natural infrastructure.

Companies obligations is like to focus about wastage,energy efficiency and savings.Companies must have to follow regulation and government policies so that it can save its future cost.

This is applicable for local as well global resource.because environment protection is necessary for all.