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“beyond Liability: Environmental Benefits Of Lawyers In Sustainability Efforts”

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By Judit Oláh Judit Scilit Preprints.org Google Scholar 1, Nicodemus Kitukutha Nicodemus Kitukutha Scilit Preprints.org Google Scholar 2, Hossam Haddad Hossam Haddad Scilit Preprints.org Google Scholar 2, Pakurár Miklós Pakurár Miklós Scholar Pakurár 1 Dom Scholar Scilit Domicián Máté Scilit Máté Preprints.org Google Scholar 3, * and Popp József Popp Scilit Preprints.org Google Scholar 4

Department of Controlling, Institute of Accounting and Finance, Faculty of Economics, University of Debrecen, 4028 Debrecen, Hungary

Impact Private Credit: Investing Beyond The Bottom Line

Received: November 28, 2018 / Revised: December 15, 2018 / Accepted: December 20, 2018 / Published: December 24, 2018

The Internet revolution has led to the development of online business worldwide. Environmental, social and economic aspects are significant for the e-commerce sector, both on the retailer and consumer side. It cannot be emphasized enough how important the sustainability of e-commerce is in all three dimensions. E-commerce allows consumers to shop online at any hour of the day easily using secure payment systems; furthermore, trust in retailers’ websites is extremely important for consumers. This draws our attention to the shortcomings of previous studies, and consequently the purpose of this study is to fill the gap, to ensure sustainable e-commerce in three dimensions; environmental, social and economic. The question and objective under investigation is: How can three dimensions be integrated into e-commerce in order to achieve sustainability now and for future generations while thriving as an industry? Cooperation is required and all stakeholders in the virtual market must take appropriate responsibility. The adopted methodology is a review of previous studies on individual dimensions of sustainability, as no joint studies have been prepared that would be integrated into the same literature framework. In addition, a case study involving Kenyan and Jordanian companies is used to collect empirical data. The results of the study show that: First, integration is essential for the sustainability of e-commerce in its three dimensions; secondly, compromises must be made in different dimensions in order for companies to implement sustainable e-commerce. This will go hand in hand with realizing the maximum benefits of integrating the three dimensions into e-commerce in order to make it more sustainable. In conclusion, by applying these aspects of sustainability to e-commerce, it is clear that everyone wins. This is achieved by improving and preserving the quality of life by protecting the environment, conserving natural resources, and sustaining and sustaining the economy. The implications of this study are that to make e-commerce more sustainable, decision-making and action, social/environmental/economic aspects need to be considered as core elements and addressed as a group rather than in isolation. in previous studies. In this way, we can realize greater benefits not only in online business sustainability, but also in political decision-making and environmental protection, while companies create economic value and avoid labor discrimination.

With more and more people taking advantage of e-commerce businesses today and the ability to compare available products and prices, customers have moved up a notch and are now always demanding eco-friendly or sustainable e-commerce shopping [1]. There is a greater need than ever to develop a business brand that not only attracts but also retains customers while taking these three factors into account during the purchase process [2]. This allows a company to build lasting relationships with customers as end users and reduces barriers that e-commerce businesses have not yet been able to overcome [3]. The Internet has changed the perspective of business for both retailers and consumers [4]. You can shop at the office, at home, in the car or on the train, and the goods will be delivered to your door, which saves time and is convenient. Buyers and sellers can compare prices on websites from different countries, although pollution and carbon emissions are bad for the environment. Therefore, a trade-off is needed to ensure that the positive effects outweigh the negative ones [5, 6]. We cannot talk about the rapid and continuous growth of e-commerce without talking about its sustainability [7, 8].

As companies worldwide engage in e-commerce, it is important to ensure that their activities do not endanger the world by compromising sustainability [9]. They must preserve the environment, avoid environmental destruction, and ensure the survival of humanity [10]. Where sustainable development is not ensured, it can have negative consequences that can lead to ecosystem depletion. Therefore, companies should adopt user-friendly features that facilitate customer relationships. The growth of e-commerce has led to an increase in the number of orders delivered to customers, resulting in high CO emissions.

What Is Environmental, Social, And Governance (esg) Investing?

And even greater traffic congestion in cities. The e-commerce shipment of B2C goods accounts for 61% of the current total e-commerce shipment, which has led to an increase in environmental pollution [11]. This is not expected to decrease anytime soon due to the increase in the number of online buyers and merchants. New online businesses are born every day [7, 12], which places high demands on the distribution of goods, causing environmental damage if not controlled. Arnold et al. [11], high emissions lead to environmental deterioration, which affects both the environment and the population. The e-commerce sector must therefore focus on sustaining the environment by putting pressure on logistics service providers (LSPs) to reduce their cost-driven prices and, where possible, offer other delivery alternatives to support their businesses. The primary goal of retailers is to focus on economic profit and generate profit and revenue economically. This can be achieved by making possible trade-offs in the economy, environment and society, which lead to greater benefits [13]. However, neither a company nor a country can achieve sustainable economic development without risking the environment. Companies note that in order to survive, they must balance their activities with the three dimensions of e-commerce sustainability if sustainability is to be realized [13, 14].

Previous studies have shown the need to balance and increase knowledge for sustainable e-commerce in virtual marketplaces. Previous studies have neglected to integrate the three dimensions of e-commerce sustainability and make possible trade-offs. For this reason, this study focuses on examining how companies can integrate these dimensions for more sustainable e-commerce, which benefits consumers, retailers and the environment. It will attempt to answer the following questions/statements as it is expected that the findings, discussions and recommendations of this study will be relevant in answering the question of how integration makes e-commerce more sustainable by accepting trade-offs.

The main objective of this study is to examine how the three dimensions of e-commerce can be integrated to make it more sustainable by making possible trade-offs that maximize benefits for retailers, consumers and the environment [15]. The reason for this is that in previous studies these three aspects were not combined, but examined separately. This study makes a new contribution by considering the following trade-offs: Socio-Economic; economic-environmental; and environmental-social. In addition, we highlight in Table 2 that the advantages of e-commerce and sustainability outweigh the disadvantages. This gives governments, retailers, policy makers and consumers the green light to make better recommendations. With this in mind, we seek to find e-commerce solutions to major challenges such as environmental pollution, labor unrest, and rising production costs [16, 17].

This chapter presents an in-depth understanding of the topic by filling in gaps in the literature, first by discussing the evolution of e-commerce. The Internet revolution will increase the environmental, economic and social sustainability of e-commerce.

Externalities: Prices Do Not Capture All Costs

The e-commerce revolution and the development of technology are changing the way of doing business [18]. THE

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