Sustainable Development Of Private Enterprise

When talking about sustainability numerous people associate it with just protecting the environment. Sustainability is far more than going green, but it is a principle that many companies have adopted and have worked persistently to improve over the last several years. Sustainability is defined as the ability to continue a behavior indeterminately, but it also includes improving human life overall. Sustainable development is broken down into three pillars: economic, social, and environmental (Harich & Bangerter, 2014). Economics is the study of how people use resources, which correlates to the goal of sustainable development by using resources to their full potential (Laszlo, C., & Zhexembayeva, N., 2011, p. 60). Economic sustainable development allows companies to give their customers what they want without overusing mutual resources. Social development combines the social world with the physical realm to provide a good quality of life (Benoit, 2010, p. 7). Social sustainability focuses on the well-being of people and their communities. Environmental development, the most recognizable, includes protecting the environment by reducing pollution, recycling, switching of electronic devices when not in use, etc. All three of these pillars make up what is known as sustainable development. In this paper, I researched a company and their involvement in sustainability and how it applies to the

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 environment is among some of the top issues to be looked upon by the human population in the world today. Sustainability is a word often times used when speaking of this subject. This is a concept represented in the articles “Sustainability” by Christian R. Weisser and “Attention Whole Foods Shoppers” by Robert Paarlberg. Each author addresses the issue in different ways; one giving examples of this issue and the other clearly defining it. Each author is writing to spread awareness of this issue. As overlapping topics, each article has similarities and differences to the other.

I attended a meeting last week with other faculty members. One of them let fly her/his opinion that “sustainability does not exist” or is, at best, a “bankrupt” notion that is basically a form of “greenwashing” and that sustainable development was a “joke.” Hmmm . . . . Please comment on that assertion. In the process, discuss the “big idea” of sustainable development, and more generally the concept of sustainability as applied to individual businesses. For that matter, what is a “sustainable enterprise?” Can being “sustainable” be good for business?

Governments, environmental agencies, and corporations alike have utilized the term “sustainability” in order to convey their respective agendas for general sustainability in environmental, social, and economic realms. In spite of their initiatives, there has yet to be a generally agreed upon, uniform definition for “sustainability.” This lack of semantic clarity has promoted skepticism among some parties, skepticism primarily focused in the legitimacy of sustainability agendas, as well as the idea of sustainability in itself (Context & Development, 1992). This essay seeks to inspect the concepts of sustainability generated by two

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 ).

It is extremely important for the modern day economy to remain sustainable. Sustainability is a process that continuously supports the economic systems that currently exist. This also There are four main opponents that are against sustainability: depletions, pollution, population, and migration. These four properties can be extremely harmful against the economy, which results in extremely large issues for whatever country has these problems that become a reoccurrence. In this summary essay, there is going to be a breakdown of the four main opponents that are against sustainability and why they are relevant to the world today.

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

The basic definition of economic sustainability is the capability of an economy to support a level of economic production indeterminately. This description does not note the inherent relationship economic sustainability has with the other types mentioned above. Doane and MacGillivray (2001) offer a more detailed approach in its definition of economic sustainability. They note that social and environmental components are intrinsic to economic sustainability and state that it would be more apt to describe economic sustainability as ‘the process of allocating and protecting scarce resources, while ensuring positive social and environmental outcomes’.

The greatest challenge faced by many organizations today and especially the labour intensive industries is ensuring there is a sustainable

My knowledge prior to this class about sustainability was that it was an attempt or effort to protect the environment from the encroachment of unchecked suburban sprawl. My assumptions were that it was a product of the 1970s counter culture hippie movement and a return back to nature. However, during the process of studying this subject I have since come to learn that sustainability is much more than just about the environment, but rather also about the economics

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;

We are facing various social, economic, environment challenges today which are getting worse day by day, it may also include rapidly increasing population, and most important unprecedented macroeconomic stress. In order to save the world from a potential catastrophe, we have to make significant changes in our behaviour as well as the system we are in. There is an escalating global movement to address all the issues which may question the sustainability of an organisations. Sustainability of organisations, nations, humanity is becoming a primary goal of the individuals and groups in all the different sectors anyone can think of. Leaders are very keen to launch new sustainability initiatives on a daily basis in order to make the surroundings more sustainable in nature. So now in this report which is based on the case study of “Nike: sustainability and labour practises”. This case illustrates that Nike was found guilty regarding the labour practises the company was following which the reason for the external criticism Nike had to face around the world during 1990 and 2000. The main purpose of this report is to study the sustainable initiatives Nike had to take to tackle these issues and further how much those steps are similar to the theory regarding the sustainability of the organisations.

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