Africa is a continent that is rich and diverse with people, cultures, religions, history, heritage and nature that has intrigued explorers, historians, scientists and nature conservationists for centuries. Despite the dark history of slavery, colonialism and apartheid, the people of Africa have a dream to develop its hidden potential as a united continent. Africa has achieved and sustained economic growth over the past two decades however social and economic challenges still linger (UNEP, 2015). Africa has achieved sustained economic growth over the past two decades, with real GDP increasing by 5 percent on average in the years up to 2011 (UNEP, 2015). Yet the overall growth performance of most African countries is poor compared to various …show more content…
Sustainable development means economic development that is conducted without finishing natural resources. It has broad meaning since it deals with economic development and natural resources. Therefore sustainable development can be defined in various ways in which the researchers discuss. Sustainability as a “development that meets the needs of present without compromising the ability of future generations to meet their own needs” (WCED, 1987). According to Elkington (1997) there are three main pillars of sustainability, economic, ecological and social systems which benefit the future generation this is known as “triple bottom line” concept. These are characterized as sustainability which is ‘ecological sustainability’ and conceptualisation of sustainable development is a process of change that has sustainability added to its list of objectives (Lele, 1991). According to the World business Council for Sustainable Development stated that sustainability offers business the notion of being able to merge the environmental protection and socio- economic development with improved business performance (WBCSD, 2010). Sustainable development means a potential nascent green-tech venture in order to achieve triple bottom line of combined economic, social, and environmental value (Meyskens & Carsrud, …show more content…
Instead of treating sustainability efforts for requirements for legal and regulatory, organisations are not implementing sustainable activities to manage their reputation risk, generate cost saving and ensure long term profitability and competitive advantage (Haanaes, Reeves, von Strengvelken, Audretsch, Kiron, & Kruschwitz,
Sustainability is the practice of running a business in such a way that it has no negative impact on the environment, community, or society (Spiliakos, 2018). The goal of sustainability should be to have a positive impact on the world and to demonstrate the positive impact that a company has on the environment and society.
This day and age, change has become the new norm that shapes and develops the business world and global economy. A rising topic that has shepherd the direction of innovation is climate change and environmental awareness. The sustainability of a company encompasses their ability to manage social and environmental risks, obligations and opportunities. This concept is important for managers and to understand and implement because of government regulations and potential cost efficiency. In Oregon, there are numerous companies that express the importance of being sustainable.
From 1500 to 1750, there were changes and continuities on the ways Sub-Saharan Africa participated in interregional trade. The major turning point of Sub-Saharan Africa’s participation is the start the slave trade in West Africa. This event impacted the New World, Europe and SE Asia because Europe profited from the exploitation of Africans to the New World, Southeast Asia experienced a decline in population because of the start of the slave trade between Southern Africa and Indonesia, and the New World became more profitable as plantations where slaves worked grew. The overall continuity of Sub-Saharan Africa’s participation in trade is the European dominance in the region because of the Age of Exploration led by the Portuguese and Spanish.
Africa In World Politics: Engaging a Changing Global Order by John Harbenson and Donald Rothchild gives an analysis of how Africa has changed from being a European ruled colonial nation to a nation that it creating a name for itself in the global sphere. Beginning with Africa’s politics during the colonial era through the present. The book provides not only details about Africa but also how the changing world has affected African politics. The main focus of this book is to show the growth Africa has had since its time of colonization. Africa has grown as the world has changed although it has had to deal with internal conflicts and demands for political change due to its authoritarian regimes.
Africa is known as the origin of the human race. Since that is the case, Africa has had the most opportunities to impress the modern world. Africa has done just that. Africa had three major kingdoms, each of which were major successes. Throughout history, Africa’s kingdoms have utilized their natural resources to become some of the most prosperous kingdoms the world has ever seen.
Introduction Homer Stryker, an orthopedic surgeon, founded Stryker Corporation after World War II. Stryker Corporation was established to create new medical tools and improved medical procedures for patients to help them heal faster and more efficiently. In order to sustain their twenty percent rate of return, and to generate continuous growth and innovation, Stryker relies heavily on acquisitions. One of Stryker’s more notable and largest acquisitions was Howmedica worth $1.65 billion. Large acquisitions can be risky, so we will access Stryker Corporations industry factors and explain why their detailed capital expenditure process works.
Africa, a country that throughout history is recognized through poverty and hunger. Africa has had its ups and downs throughout history. In this essay we are going to dig deep within Africa’s history to the 1500s. Seeing how and what Africa has had to endure as a country. This includes external conflicts as well as internal conflicts.
1) What is ESG investing? ESG means environmental, social and governance refers to a class of investing that is also known as ‘sustaining investing” which is an umbrella terms used in capital markets and used by investors to evaluate corporate behaviors and to determine the future financial performance of the business. 2) Discuss the three types of sustainable investing strategies.
Throughout time diverse regions have considered other societies to be barbaric, causing them to have the desire of “civilizing” them. Many individuals accept the rule of a higher and civilized region as they believe that their alterations will benefit them. Although, by enabling a higher power to acquire authority in another foreign nation, will diminish that regions culture and individuals will not truly possess respect, ultimately causing them to rebel against that foreign power after they comprehend their true nature. Likewise, after the Berlin Conference, which set certain rules for the partition of Africa, numerous European powers desired in colonizing Africa and obtaining control during the early 1800s, which was known as the Scramble
Throughout the ages, many nations have been known to do whatever it takes to sustain a valuable supply of resources. For this reason, however the exploitation of resources by countries using unfair means is an enduring issue for many groups of people. Exploitation of resources is when the government or outside forces take advantage of a nation’s resources. This issue is significant because it causes civil conflict and war, can impact people of nations terribly, and can destroy industry. Problems created by exploitation of resources can be seen in examples from Sierra Leone, the Congo and British India.
The association of poverty with Africa goes together like apple pie and America. From the advertisements of malnourished, African children to our education, or rather lack of education, about African countries in the American school system, the concept of Africa as an impoverished continent has been engrained into our minds. This rhetoric of Africa has lasted over decades, with a substantial amount of aid being given to African countries to rectify this problem. And yet, sixteen of the world’s poorest countries were identified as being in sub-Saharan Africa as of 2013. This insinuates that foreign countries and organizations that provide aid, need to reevaluate why aid isn’t making a bigger impact at fixing the problem.
Royal Dutch Shell commonly known as Shell is a petrochemical company and a global group of energy formed in 1907 which has an average of 93,000 employees working in more than 70 countries (Shell.com 2016).Since February 2016 Royal Dutch Shell is now considered as the second largest oil company in the world (The Guardian 2016). For several years shell has faced reputation problem, mostly form environmental campaigners (Benady Alex 2015). Shell is always struggling hard to keep its license of operation.
The conclusion conveyed at the end of this paper, will be that sustainable development is a concept with weaknesses however, the strengths outweigh them. To begin with, the concept of sustainable development famously culminated in 1987 with the United Nations 'Commission on Environment and Development ' also known as the 'Brundtland Report ' (Everard & Longhurt, 2017; pp. 1244). The article introduced, the most widely known definition of Sustainable development as "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (World Commission on Environment and Development, 1987).
Instead the China-Africa trade has brought some impact on Africa’s market traders and also contributed to poverty. Mercantilism is failing Africa, particularly the SSA. Most of African states are still poor and majority of their citizens still lives in poverty. The trade between China and African is not mutually beneficial, because African states benefit less while China benefit most.
Kahn’s (1995) approach to the sustainable development theory is consistent with the modern day development techniques of Europe 2020 priorities; smart growth, sustainable growth and inclusive growth. The adoption of some innovative strategies such as the utilisation of renewable energy as an integral part of the energy mix could result in growth of the economy, which will eventually trickle down to the poor or extend to the rural or disadvantaged areas of the country. The social sustainability generally explains the idea of equity among the people, empowerment, participation, accessibility and institutional stability. It seeks to ensure a good standard of living in the country by alleviating poverty. Environmental sustainability seeks to explain the ways in which exploitation and utilisation of the natural resources will not be made to negatively affect the environment or the health of human beings (Kahn 1995).