Please view explanation and answer below.

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Outline

Introduction
➢ A focused group of activities in an organization helps to support long-term
sustainability. Internal and external stakeholders are urged to work together as part of
this framework in order to better focus investment and achieve greater success.
➢ The purpose of a company should be the starting point for any strategy. A company’s
culture and strategic direction are built on its statement of vision, mission, and values.
Creating a sustainability strategy is a great opportunity to include both internal and
external stakeholders

Discussion
➢ Some business activities can continue while others can be abandoned. New activities
can be launched as part of a well-thought-out strategy purposely for the growth of an
organization
➢ Many ecologists and systems theorists approach sustainability by examining the
physical interdependencies, energy flow patterns, and population dynamics that
characterize the world.
➢ In their work, they have emphasized the importance of features like robustness,
resilience, redundancy, and adaptability for social systems that are meant to last for
the long term.
➢ While political scientists have focused on the ideological and moral aspects of
sustainability, green political initiatives, and public policy, activists have focused on
environmental issues

The rationale for private sector

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➢ The private sector is playing an increasingly essential role in organizations’
sustainability, especially in infrastructure areas such as electricity, natural gas,
telecommunications, transportation, and water supply and sanitation. Private sector
businesses are responsible for the great majority of national revenue and are a key
employer and source of new jobs in the vast majority of countries. The private sector
employs a whopping nine out of ten people in developing countries
➢ Economic growth has a significant influence on poverty reduction by increasing the
wages of those who are poor at a rate comparable to that of the whole economy.
➢ Increased levels of achievement in the fields of private education, health, and the
environment are all linked to a society that is able to increase and expand its support
for those living above the poverty line

Shift during COVID-19
Health
➢ The pandemic has resulted in a significant impact on health care globally (Duran y
Lalaguna & Dorodnykh, 2018). While there has been less demand for private health
care throughout the pandemic, there has also been a lack of public-sector contracts in
the private sector for COVID-19 treatment and diagnosis.
➢ As a consequence of efforts to slow the progression of COVID-19 cases, fewer people
are seeking treatment, which reduces the income available to private healthcare
providers and forces them to cut back on services and lay off workers

Finance

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➢ Loan demand and individual earnings declines are causing financial system shocks,
such as soaring nonperforming loans, bankruptcy filings, asset fire sales, and wasteful
liquidations, in the financial system.
➢ Nonperforming loans are expected to rise throughout nations as a result of the
banking sector’s recent downturn.
➢ Increased bad debts and weakening of capital ratios will put pressure on secondary
mortgage markets as well as create liquidity concerns in the home finance industry

Infrastructure
➢ There are two key ways in which the COVID-19 problem affects infrastructure in
several countries.
➢ There are spillover effects from one private industry to another and changes in supply
and demand for infrastructure amenities.
➢ Because of COVID-19 containment measures, demand for most facilities has
decreased, leading to revenue losses for infrastructure values and threats to short- and
medium-term business steadiness. According to estimates, power consumption
throughout the world is predicted to fall by 5% in 2020

Agriculture’s Role in Food Safety and the Economy
➢ In many communities, food insecurity is a major challenge, and it is increasing due to
COVID-19.
➢ Informal employment is ubiquitous in agriculture, and these positions are frequently
the most vulnerable to losing their jobs and working in unsafe circumstances
➢ Markets are suffering financial difficulties due to economic shutdowns enforced for
COVID-19 management by small and medium-sized private firms, which account for
the majority of agricultural …