This chapter provides a foundational understanding of sustainable business and its application in strategic growth. It begins by introducing the historical adoption of sustainability into business practice, offering insights into its evolution from a cultural movement outside of mainstream business to a core set of business practices. Centered on managing and reporting social and environmental results, sustainability is shown to elevate overall business performance. Drawing attention to real-world examples, the chapter explores how the adoption of sustainability can create a comparative advantage for business. It further analyzes key sustainability competencies that drive business growth in three areas: increased brand value; lower cost of customer acquisition; and higher profits. Finally, the chapter offers three case studies for building a strategic sustainable business.
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