There was development in coal industry in the 19th century. There was growth in cotton industry as well. All these factors contributed to the economic growth in Britain. The agriculture revolution in England too acted as a catalyst to industrial revolution. Agriculture revolution brought in new farming techniques, production of cash crops and raw materials for industries and new farm machineries.
Sustainable development has many aspects to consider however two aspects is of significance which include environmental and social aspects. Environmental aspects include issues such as global warming and climate change, extinction of species, scarcity of natural resources such as water and coal, usage of oil and many others. These are important issues for business and consumers alike as it affects the sustainability of life on earth. Businesses should have these issues high on its priorities in deciding on its strategy and implementing it
The common misconception about the word ‘sustainability’ is that, most people think it focus only on the climate change, recycling and composting, and saving the environment, while ‘sustainability’ has nothing to do with business activity and the economy. However, a good and sustainable business model has everything to do with taking care of the environment while contributing to the society. That is the true concept of sustainability. It focuses more on a long-term solution, rather than focus on the short term one. The main reason why sustainability is important is because of one simple fact, which is we are living in the same planet.
Furthermore, sustainability is about living within the means of our natural systems, the environment and ensuring that our lifestyles do not harm other peoples cultures and societies ( ). Increasing our lifestyles means that we are placing more pressure onto the natural system. However sustainable development focuses on how human interactions with the natural environment can be improved and
United Nations often considers sustainable consumption and production together as “a holistic approach to minimizing the negative environmental impacts from consumption and production systems while promoting quality of life for all” (Young, William, 2010). In order to achieve sustainable consumption, two developments have to take place: it requires both an increase in the efficiency of consumption and reductions in consumption levels. Taking into consideration those two approaches to sustainable consumption, it is evident that individual consumers play a key role. These developments can help move an individual’s consumption in the direction of sustainable practices, include: Repair and maintain products to extend the useful life. Reuse of
From that point forward, various definitions have been proposed for sustainable advancement. Arora & Dharwadkar (2011) abridge various diverse definitions, which, taken together, set up natural/biological, monetary and social frameworks and procedures as the three bases of the idea of sustainable advancement, and recommends that sustainable improvement is a procedure of accomplishing human advancement in a comprehensive, associated, evenhanded, judicious and secure manner. The social parts of sustainable advancement are most obviously present in the initial three components, i.e. comprehensiveness, connectedness and value, especially, Arora & Dharwadkar (2011), distinguish value as a focal measurement of almost all meanings of sustainable improvement
Introduction The term ‘sustainable development’ and ‘sustainable design’ were first introduced during the turn of 21st century. It was during this period of time where scientists, engineers, entrepreneurs and designers have come together to acknowledge that the world’s resources are not imperishable. The word ‘sustainable’ was derived from the Latin word sustinere, which means to hold up or endure. Thus, sustainability can be defined as the ability to improve the quality of human life while maintaining the well being of the environment. The need of sustainable development was addressed to justify the inflated act of consumerism in the past couple of decades.
Introduction Globalization is the process of economic, financial, trade, governments of different nations’ interaction. This process affects significantly not only local environment, culture, political system, economic development, also human physical well-being in societies around the world. (Globalization101.org, 2017) Global sustainability concerns with the use of resources over time, moreover, it sees the world as entirety and studies how the world’s people exploit individual resources globally, especially some specific natural resources. (McGee, 2017) As far as I am concerned about that globalization is not only a trend of doing business, also strong influence of lifestyle, for instance, more and more companies prefer to establish their factories in some countries with lower labor cost, and fast-food culture spreads from the United State to universe. Besides, in my opinion that global sustainability is mostly related to the positive aspects, for example, the issue of global warming and poverty can be solved by the cooperation of different government from countries worldwide and NGOs.
2.3.1 DEFINITION OF CORPORATE SUSTAINABILITY According to Grobben (2016:2) the term corporate sustainability finds its origins in a mixture of four distinct theories that together form the pillars under corporate sustainability. The different concepts are not seen as separate concepts, but each contribute one overall concept, which is corporate sustainability. The four pillars are
Even governments have taken many majors and capabilities to provide the good information of sustainable development. Like wise we use to take care of the agriculture in the past, today policies and more interest were given on the tourism sector. Sustainable development as mentioned before, whatever the development or the activities we carry out for the future process, it should benefits the present generation and help to upcomming society in long run. The development process should not collapse after certain period of time and also the plan should not fail after few years. Now in this regards we should also think about the resources and for the environments.