Importance Of Sustainable Development

Sustainability from a strategic business perspective is the potential for the long-term well-being of the natural environment, including all biological entities, as mutually beneficial interactions among nature and individuals, organizations, and business strategies. (O.C Ferrell, Fraedrich, Ferrell, 2015). Business sustainably is often defined as managing the triple bottom line – a process by which companies manage their financial, social and environmental risks, obligations and opportunities. These three impacts are sometimes referred to as profits, people and planet. (Business sustainability definition from financial times lexicon, no date). This essay will discuss the idea of sustainability being an important element within a businesses and its core strategies and the importance of it within different businesses. Secondly, this study will look at how different stakeholders are affected and influenced by sustainability as this could be seen as a catalyst to improving the environment as a whole and. Then this study will look at how businesses not focusing

Bertrand Piccard quotes, “In the 21st century, the heroes will be the people who will improve the quality of life, fight poverty and introduce more sustainability. This is a powerful message, it sums up the concepts discussed throughout the course. Additionally, the case studies such as the New Belgium Brewery, SC Johnson and The Kimberly Clarke organization have been proven to practice this philosophy. As society progresses in its efforts to provide a more sustainable future, there is a fundamental foundation of principles that must be followed to ensure success. Sustainable business development takes into account the application of business operations as it relates to the three pillars of sustainability, which is a dynamic yet integrative place to begin this journey. DesJardins, (2006) calls for a re-imagination of the future to create a vibrant sustainable model; which forms similar beliefs to Piccard. In addition, organizations are more inclined to create sustainable practices based on consumer demand and the willingness of leadership to participate in sustainability programs.

The most commonly used definition of sustainable development is still that given in the report of the World Commission on Environment and Development (1987), i.e. sustainable development is ‘a process to meet the needs of the present without compromising the ability of future generations to meet their own needs.’ Sustainable development is therefore about creating a better life for all people in ways that will be as viable in the future as they are at present. In other words, sustainable development is based on principles of sound husbandry of the world’s resources, and on equity in the way those resources are used and in the way in which the benefits obtained from them are distributed (Making Tourism More Sustainable, 2005).

Sustainable Development Goals (SDGs) are global initiatives in which countries all over the world are entitled towards achieving. Out of the 17 SDGs, Sustainable goal number 5 takes about the achievement of gender equality (Kumar & Vivekadhish, 2016). Gender issues have always been experienced ever since the beginning of man. Women do not have the same rights and opportunities as men in society and this why this goal number 5 was developed. Egypt, a North African country, has yet to fully attain this SDG. The following study will discuss some of the challenges in which Egypt as a nation is facing towards the achievement of this goal. The paper will also outline some solutions in which Egypt has adapted and solutions that can be used to achieve this goal. Gender should be perceived on a spectrum, not as two opposing sets of ideals.

Climate change has shifted the global political and socioeconomic landscape with governments, businesses and non-profit organisations adopting green strategies in an effort to make their processes more environmentally friendly and reduce their carbon footprints. In September 2015, the United Nations spearheaded an initiative involving its 193 Member States known as the Sustainable Development Goals (SDGs). The set of 17 goals aim to end poverty, protect the planet, and ensure prosperity for all as part of a new sustainable development agenda (United Nations, 2017). This report will outline the importance of clean energy, sustainable development in cities and what preventative actions can be taken to tackle growing issues over climate change. This report will also discuss the implementation of Information Communications Technology (ICT) solutions to help countries meet the SDG targets by 2030.

Sustainable development is defined as “Development that meets the needs of the present generations without compromising the ability of future generations to meet their own needs” (IISD, par. 1 ).

Nowadays, many international companies take sustainable development seriously. They understand that sustainable development can enhance their quality of life and their reputation in public. Sustainable development is "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." (Brundtland, 1987) Sustainability requires monitoring and managing all the person to ensure that our economy and society can continue to exist without destroying the social and natural environment during development. The sustainability includes three pillars, which are economic, social and environment, forming a triple bottom line. The triple bottom line demands that a company 's responsibility lies

Important advantages of Resources on the Earth are limited.That the way we behave now does not make life difficult or impossible for future generations.To achieve sustainable development,we need to carefully consider the need for economic development,where standards of living improve

Sustainable development is filling today’s needs without challenging the needs of future generations. It’s about bettering the standards of living by preserving human health, maintaining the environment, using available resources well, and progressing long-term economic competitiveness. To do this, the integration of environmental, economic, and social priorities into protocols and programs are required. This also requires different levels of action, from citizens, to industries, to government action. In 2008 a change to how the Canadian Government would accomplish its commitment to sustainable development was made called the Federal Sustainable Development Act. This Act made it so every 3 years, a complete approach showing the whole government

Sustainable development is the improvement that addresses the issues of the present without bargaining the capacity of future eras to address their own issues. It consists of two key ideas:

Sustainable development is the key to a brighter future with less waste production. Sustainable development involves three major sectors, social, economical and environmental. When considering these aspects separate, we can see that solution to a problem creating another. For example when creating affordable housing outside of city away from workplaces, it results in increased traffic and pollution that comes with it. Environmentalists win it seriously affects the economy and with that businesses related to that industry. From this we can see that everything is connected in one way or the other.

Since the creation of the UN’s World Commission on Environment and Development in 1987, the term “sustainability” has become a common term used when discussing the future of the world (Kerr &Hart-Steffes2012). Sustainability, in a broad sense, means living harmoniously with the environment, society, and economy without compromising quality of life for peoples of future generations. There are three main components to sustainability: social, environmental, and economic. The social dimension refers to housing, education, health care, and other aspects that contribute to one’s quality of life, while the economic dimension speaks to a viable local economy with job creation and incoming revenue not dependent on high consumption or population

Sustainable development is about meeting the needs of today without over-using the resources for future. It requires the integration of environmental, economic and social priorities into policies and programs[b]. It is different from green growth as green growth does not take social priorities into account which means that green growth is more focusing on improvement of quantity but sustainable development focusing more on quality of human’s life experience.

Urbanization, which is becoming a buzzword during the last few decades, is enlarging at a booming speed. It is predicted that 93 percents urban growth will occur to the year 2020, in the developing world (Elliot J.A, 1999). Generally speaking, more than half of the people around the world have been moved to cities, which led to a series of “matters” connected with people’s life that changed in a dramatical way. In this period, sustainable development, another buzzword during the past few years, came into people’s view and gradually became the mainstream of society development. Its definition is to make the development continue in a long term, which means allowing appropriate economic growth and industrialization without

The concept of sustainable development has become a major topic among intellectuals from various fields. Sustainable development has gone through various changes in its definitions and at present does not have a commonly accepted definition. The origination of the concept of sustainable development is debatable. In 1974 at a conference on Science and Technology for Human Development by the World Council of Churches the concept of a “sustainable society” is believed to have been first noted. This early concept focused on equitable distribution of scarce resources and the need for democratic decision making. In 1980 the currently used term of sustainable development emerged in the