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1. Introduction
The importance of sustainability for businesses, industries and economies around the globe has reached new heights in the last decade (Danley, 2019). In the agribusiness industry, sustainable practices are predicted to take a strong root in the sector in the coming years (Oostendorp et al., 2019; Rosano-Peña et al., 2014). Evidences corroborate the growing acceptance of the sustainability among the major players of the agribusiness industry. Major players in this sector such as politicians have prioritized sustainability in the agribusiness by forming political parties (such as the Greens party in the western world) which focus on the preservation of nature, equality and social justice in agribusiness (Camcastle, 2007). National policies and legislations have seen much improvement in relation to sustaining the agribusiness to protect the environment for future generations (Bolarinwa et al., 2021). Research institutions (like the universities), independent local and international bodies have been drawn into raising awareness to ensure the longevity of agribusinesses (Malorgio and Marangon, 2021). To ensure the preservation of natural resources, sustainable practices are necessary because the agribusiness relies heavily on the natural environment: land, climate and water (Hinson et al., 2019). More so, the agribusinesses are operating on 40% of the lands in the world for food production and all business transactions activities. Activities of agribusinesses withdraw 70% of the water from the land to produce food and biomass (Rosano-Peña et al., 2014). Moreover, agribusinesses compete for natural resources and social facilities with the growing number of people all over the world (Danley, 2019).
Sustainability-enabled solutions to counter these problems are driven by two key factors. First, an international call to reduce carbon emissions (biomass) and sustain the climate and the environment (Sehnem and Oliveira, 2017). The activities of agribusinesses account for the large emission world's carbon dioxide. Intergovernmental panel on Climate Change has mentioned that almost 25% of the anthropogenic carbon emissions comes from the activities of agribusinesses (Porter et al., 2019). Further, the sector contributes immensely to the non-carbon emissions in the form of waste, food excesses and polluted water bodies. Second, the concerns of consumers over health, animal welfare and social justice have fueled the urgency attached to sustainability of agribusiness (Oroian et al., 2017; Sánchez-Bravo et...