Globalization’s impact on business, energy, and economy: A sustainability perspective

Globalization has been a catalyst for innovation and transformative perspectives in business, energy, and economy. However, achieving sustainability on an international scale requires further efforts, particularly in emerging markets, developing countries, and low-income nations, which face challenges in balancing their economies amidst the ongoing impact of Globalization. Emphasizing sustainable strategies in businesses will contribute to the cultivation of enduring business values. Despite advancements in renewable energy, the transition from traditional oil and natural gas remains slow and necessitates continued efforts towards sustainable energy sources.