How is DuPont using sustainability as a competitive advantage?

Business & Finance homework assistance| Business & Finance homework help

1. DuPont uses sustainability to gain a competitive edge by using renewable resources and minimizing waste. They also develop products that are more safe for the environment and people. DuPont can reduce its operating expenses and grow customer loyalty by demonstrating a commitment to sustainability.

2. DuPont should set market-driven sustainability targets. It will allow them to spot new opportunities and keep up with trends around resource conservation and climate change. DuPont’s ability to remain relevant in the eyes of consumers who expect companies that are committed to environmental stewardship to be a key part of their business and purchase decisions.

3. DuPont’s sustainability initiatives can improve financial management by driving cost savings through reduction in materials used over time (lowering production costs), improving energy efficiency (reducing electricity bills), eliminating pollution emissions (saving money on remediation projects) as well as increasing revenue streams through provision of green services or sustainable product offerings like bioplastics that can open up new markets or increase brand value among customers seeking more sustainable options.

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