This is usually proposed by the environmental groups, although many critics claim that is very difficult to reach an operational scheme, i.e. to implement this in reality especially in terms of legislation.
substitution of non renewable resources by renewable resources is the main principle of sustainability.eg.we should substitute coal by eco-friendly energy sources like solar energyor wind energy.complete substitution is not possible always.however efforts must be made.
CORPORATE SUSTAINABILITY COMMITMENT, FIRM CHARACTERISTICS, AND STOCK PERFORMANCE: EVIDENCE FROM THE OIL AND GAS INDUSTRY
Jul 01, 2011; Abstract This study is a diagnosis of the firm characteristics of sustainability leaders in the oil and gas industry....