Sustainable budgeting can have a significant positive impact on the environment. By allocating resources efficiently and prioritizing eco-friendly initiatives, organizations can reduce their carbon footprint and contribute to environmental conservation.

For example, a company that implements sustainable budgeting practices may allocate funds for energy-efficient upgrades such as LED lighting, solar panels, or improved insulation. These investments can lead to reduced energy consumption and lower greenhouse gas emissions.

Furthermore, sustainable budgeting can support the adoption of environmentally friendly technologies and processes. For instance, a portion of the budget can be dedicated to transitioning to electric vehicles, implementing waste reduction strategies, or investing in sustainable supply chain practices.

References:

1. "The Business Case for Sustainable Budgeting" - GreenBiz.com
2. "Sustainable Budgeting Strategies for Environmental Impact" - EnvironmentalLeader.com