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sustainable development forme1650737557809034963 Link Title, Corporate…
sustainable development 
Link Title
Definition
- Sustainable development can be defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainability goals, such as the current UN-level Sustainable Development Goals, address the global challenges, including poverty, inequality, climate change, environmental degradation, peace, and justice.
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The naturel steps
Definition : The Natural Step (TNS) framework is based on scientific principles; is focused on the beginning of cause-effect relationships; and incorporates the wider environment-social-economic system in its thinking. Designed to guide actions and behaviours, TNS framework works towards achieving sustainability.
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History
- The first time the term ‘sustainable’ was used “in the modern sense” was as part of the Club of Rome, in 1972
- The World Commission on Environment and Development (WCED) was tasked by the Secretary General of the UN, in 1983, to “re-examine critical environmental and development problems around the world and formulate realistic proposals to address them.
- A ground-breaking step came in 1992 with the first UN Conference on Environment and Development (UNCED) in Rio de Janeiro
- This culminated in the 1987 Bruntland Report’s publication of “Our Common Future”, which established a suggested path for sustainable development on a global level and served to bring the concept of sustainability into the foreground on an international level
- guide the international community towards sustainable development, in this case particularly environmental, was the Kyoto Climate Agreement in 1997.
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The Environmental PillarThe environmental pillar often gets the most attention. Companies are focusing on reducing their carbon footprints, packaging waste, water usage and their overall effect on the environment.
The Social PillarThe social pillar ties back into another poorly defined concept: social license. A sustainable business should have the support and approval of its employees, stakeholders and the community it operates in.
The Economic PillarThe economic pillar of sustainability is where most businesses feel they are on firm ground. To be sustainable, a business must be profitable. That said, profit cannot trump the other two pillars