Sustainable Environment – a Prerequisite for Sustainable Investment: A Study on Listed Manufacturing Enterprises of Bangladesh

Abstract

Changing environment and the deterioration of the natural resources has triggered organizations to identify, understand and manage the issues of environmental sustainability. In addition to environmentally sound production methods, sustainability is also taken to mean that attention is paid to other important social and cultural goals. The study reveals that most of the respondents have been much more aware about "climate change” factor. The highest rate of importance assigned by the respondents has been towards "economic factor”. This study investigates the effect of environmental sustainability on value of sample enterprises. The study recommends that environmental policy makers should revisit the blue print about environmental sustainability on environmental practices to provide supportive environmental investment that will enhance a better financial and operational performance in manufacturing enterprises of Bangladesh.