Background of the Study
Sustainable business practices involve strategies that promote environmental protection, social responsibility, and economic viability. Companies like Unilever Nigeria have embraced sustainability by integrating eco-friendly processes, ethical sourcing, and community development initiatives into their operations (Ogunlana & Nnamdi, 2023).
Adopting sustainable practices often requires significant financial investments, including technology upgrades, employee training, and supply chain restructuring. While these investments can lead to long-term benefits such as cost savings and enhanced brand reputation, they may also impose short-term financial burdens (Adeyemi, 2024).
Statement of the Problem
The adoption of sustainable business practices in Nigeria is often hindered by the perception of high costs and uncertain returns on investment. For Unilever Nigeria, balancing financial performance with sustainability commitments presents a complex challenge, particularly in a competitive market (Uche, 2023).
This study examines the financial implications of adopting sustainable business practices at Unilever Nigeria, highlighting costs, benefits, and strategic considerations.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
The study focuses on Unilever Nigeria’s sustainability initiatives between 2023 and 2025. Limitations include limited access to financial data and external factors influencing market conditions.
Definitions of Terms
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Chapter One: Introduction
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