Relationship Between The Business And Natural Environment

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

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 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 ).

Sustainable development means that the present generations should be able to make use of resources to live better lives in such a manner that it does not compromise the ability of future generations. For sustainable development to occur, there needs to be sustainable economic, ecological and community development. Society needs to be educated about ways in which they can use resources, especially natural, in such a manner that it does not cause harm to the environment and put future generations lives at risk.

The competitive environment in today’s business world poses many dangers to the sustainability of the biosphere, which is so vital to life. Business organizations have a responsibility to help sustain and preserve the environment for future generations. Corporations must take initiative in developing business plans that incorporate sustainable business practices into the strategic direction of the organization. Successful achievement of a sustainable business plan also requires identification of barriers to implementation and development of strategies to overcome such barriers. In addition, to

The main purposes of this talk are to share a powerful vision for sustainable commerce and business logics of sustainability.

In order to have a sustainable society, the environment it lives on must be nourished and preserved. In addition, the people that control the environment have to be

This can happen only when people become sensitive towards to the environment. Human Social activities play an important role in harming the environment. Activities like Industrialization, loss of ecological balance, Air pollution, water pollution, excessive use of natural resources, and extinction of wildlife etc. lead to various other environmental problems. It is important to understand that all these problems are interconnected and it further leads to a major problem. Furthermore, it is very important to follow a plan in the case of an environment as unplanned urbanization and agricultural plans lead to various other problems. Hence, human social activities need to be carried out in a plan and a organized way in order to have a sustainable

Sustainability is “development that meets the needs of the present without compromising the ability of future generations” (Report of the World Commission on Environment and Development: Our Common Future 1987). The concept of sustainability comprises of four pillars: environmental; economic; political and social; as can be seen in the image below. Environmental sustainability is the use and management of the environment in a way that it does not deplete our finite resources. Economic sustainability is a long term sustainable economy that supports its community and political sustainability is the collaboration of different bodies of government to achieve a sustainable future. Now social sustainability is hard to define as it encapsulates many different factors; however to be very broad it is to achieve social justice. The real objective for sustainability is that all four pillars work together equally in a precautionary principle;

Sustainability development has three components: environment, society, and economy. If you consider the three to be overlapping circles of the same size, the area of overlap in the center is human well-being. As the environment, society, and economy become more aligned, the area of overlap increases, and so does human well-being. Therefore, education for sustainable development (ESD) is the use of education as a tool to achieve sustainability. Simply put, ESD is a way to make the world a safer, healthier, and more livable place for us and future generations (McKeown, 2002, pgs 7-9).

Every living being are directly or indirectly depend on natural environment. Sustainability helps to balance financial, social, and environmental factors to facilitate responsible business decision making over the immediate and long term. . Sustainability refers to meeting the needs of present generation without compromising the ability of future generations to meet their own needs (Oxford University press 1987, p.43). Sustainability is also being protective and aware of use of natural resources and development that meets the need of present and everything that is need for our survival and well being depends, directly or indirectly on our natural environment. According to Environmental Protection Agency (EPA) Sustainability is

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.

Business people today are more aware about the social and the environment impact of their business than in the past. They start taking into account activities in helping others and preserving the environment as a main part of their business model. Business is no longer solely aim for profit as they have much larger purpose than that. However, to achieve that purpose, the business people need the Government and NGOs to create strong synergy in achieving the desirable outcome.

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