A Conceptual Framework for Integration of the Concept of Sustainable Development in Bulgarian Enterprises
Nataliya Koleva, Yordanka Angelova, Daniela Dimova
Proceedings of the 27th World Multi-Conference on Systemics, Cybernetics and Informatics: WMSCI 2023, pp. 383-390 (2023); https://doi.org/10.54808/WMSCI2023.01.383
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The 27th World Multi-Conference on Systemics, Cybernetics and Informatics: WMSCI 2023
Virtual Conference September 12 - 15, 2023 Proceedings of WMSCI 2023 ISSN: 2771-0947 (Print) ISBN (Volume): 978-1-950492-73-2 (Print) |
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Abstract
The concept of sustainable development has attracted considerable attention in scientific and business circles, becoming a crucial aspect of economic, industrial, and societal growth. To successfully adopt sustainable practices, industrial enterprises must go through a profound reassessment of their operations and engage in various activities aligned with sustainable development goals. This paper aims to present a comprehensive conceptual framework tailored to Bulgarian industrial enterprises, facilitating the seamless integration of sustainable development principles into their core strategies. By adopting the principles of sustainable development, enterprises can not only gain a competitive advantage in the market but also promote a positive reputation and increased public prestige.
This study examines the specific requirements and challenges faced by Bulgarian industrial enterprises during their journey towards sustainable transformation. Through an extensive literature review, case studies and expert insights, this paper highlights the importance of integrating sustainable development in Bulgarian industrial enterprises. It emphasizes the need for joint efforts by all stakeholders to ensure the successful implementation of sustainable practices and to create a harmonious balance between economic progress, environmental protection, and social inclusion. Ultimately, this conceptual framework can serve as a theoretical foundation that offers practical recommendations and actionable steps for effective adoption of sustainable development. By adopting the proposed strategies, industrial enterprises can transition to a more sustainable and responsible business model, contributing to the overall well-being of society and the protection of the planet for future generations. |
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