It is a dynamic approach that helps individuals to understand that the quality of life can be improved even while protecting the resources on the planet that are the support systems for all forms of life on earth. The 5 key principles in sustainability are quality of life, fairness& equity, participation and partnerships. It is the awareness of the ecological constraints and limits of our natural environment within which we need to make use only of what is essential to live. Sustainability is therefore the use of natural resources in the environment that does not jeopardize the essential ecological system of the planet and crates a balance in the well being and health of the environment, the process of society and industrialization. To attain this balance in the future and to maintain it education is essential in sustainability.
While green technologies are not sufficiently proven, (Barnes, 2012). The new technologies that are implemented, they results in a great investment in a long-term by reducing maintenance and operation cost. Green buildings are built for a long-term use, and they are environmental friendly and built for economic benefit. Buildings plays a major role in harming the environment with pollution, therefore green buildings reduces this negative impact. (Angrisano, 2012 page 25) also supported green buildings, “As early as 1993, in an extensive evaluation of companies is UK and Europe, Hodgkinson (1993) notes that businesses increasingly want their flagship buildings to present an image of environmental friendliness in terms of energy efficiency, the use of building materials, and the impact on the wider environment.” Companies can also have a good relationship with the environment by constructing efficient buildings that are environmental friendly.
A quick analysis of each line will highlights the aspects. Social Sustainability: having fair and beneficial labour practices and further to this can the company be measured in the impact of the business activities on the local economy and lastly corporate community involvement. Environmental Sustainability: This measures the company’s impact on the
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.
Sustainability Introduction What is sustainability? According to the US Environmental Protection Agency, it is based on the assumption that in order for human beings to survive, it is dependent on the wellbeing of the nature. Furthermore, it makes certain that humans and nature can coexist peacefully, which will fulfill the demands of present and future generations (Epa.gov, n.d.) Simply put, this notion means taking good care of human beings without damaging the natural environment. Nowadays, numerous companies strive to implement this phenomenon into their business model, including Adidas. They are contributing to this notion by finding the balance between what is expected from the shareholder, the employees, the supply chain and the external
Corporate sustainability was once seen as a philanthropic activity but now it is getting its due importance at leading companies. Companies have gone to the extent of proactive environmental management which encourages corporations to prevent pollution at the source rather than at the end of pipeline. Cutting edge firms are going beyond pollution prevention and exploring new opportunities for developing eco-friendly products, processes and technology. For many firms, environmental values are
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,
Therefore, by taking economic, social, environmental issues into accounts is a key approach to develop sustainably in different contexts. According to Griggs et al. (2013), the improvement of life quality should be within the scope of earth’s ability to support human well-beings. They mentioned that the twin priorities for sustainable development goals(SDG) must be both the earth’s life-support system and poverty reduction . It is also noticeable that different from the common understanding, which often puts clean air, ecosystem services and biodiversity into the category of environmental sustainability, Griggs et al.
Abstract Nowadays, sustainable development is playing an increasingly role in the world, it is a complex process which includes three respects: ecology , economy and social culture.The government policy is the most powerful methods to realize the sustainable development.But actually, there are still many obstacles in the promotion of sustainable development.This essay mainly talk about the efficiency of three domains by sustainability policy.Firstly, it defines sustainable development and explain the content.Secondly, introduces the three domains of sustainable development and the corresponding policy respectively.Finally,the paper puts forward some suggestions to keep sustainable development. Introduction With the increase of world population,