Summary: The Sustainable Development Goals
The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity.”(UNDP, 2018)
Sustainability can be defined as using resources today, but without depleting it for future use and without harming the planet. This is one of the main focuses of The Sustainable Development goals.
There are seventeen goals that consider the environmental, economic and social aspects which promote to improve the quality of life for future generations, in a way that is sustainable. These goals include education, gender equality, social justice, poverty, sustainability, health, sanitation and climate change. The Sustainable Development
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A socially irresponsible act is a decision to accept an alternative that is thought by the decision makers to be inferior to another alternative when the effects upon all parties are considered. (citation to be inserted)
The triple bottom line(people-planet-profit) helps businesses to measure their performance to ensure sustainability, however irresponsible management and its negative consequences has given rise to the people-planet-profit trade-offs, this is costly and unsustainable hence unsupportable.
Irresponsible management leads to the failure of achieving our goals and encourages negative global effects, expenditure, thereby decreasing profit and sustainability. Unable to minimize negative environmental and socio impacts such as factories unable to reduce noxious emissions leads to air pollution and thus damaging the ozone layer, exposing the harmful ultra-violet rays from the sun, thereby increasing chances of skin cancer. Unable to provide health care benefits for employees leads to a poor workforce, thus a decrease in productivity, global goals such as good health-care and wellbeing of all are not successfully been
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The triple bottom line (TBL) is a set of accounting framework that was introduced by John Elkington in the mid-1990s. Commonly known as the three P’s (people, planet and profits), the triple bottom line goes beyond the “traditional measures of profits” and is seen as an important tool that can be utilised to support sustainability goals (Slaper & Hall, 2011). It focuses on comprehensive investment results, and “incorporates three dimensions of financial performance: social, environmental and financial.” (Slaper & Hall,
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