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The definition of sustainability
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I. Introduction
What is sustainability? There is a Native American (n.d.) proverb which says: ‘When the last tree has been cut down, the last fish caught, the last river poisoned, only then will we realize that one cannot eat money’. Defining sustainability is a challenge itself, achieving it is even more arduous but what it is certain is the consequence of not acting sustainable. For too long the main goal of western countries has been profit, ignoring the extended list of benefits deriving from acting sustainable. The sustainability topic offers a wide range of arguments to discuss but in this paper only few of them are reviewed. Firstly, the 'three-legged stool ' model as a way of conceptualizing sustainability and its stability will be
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The topic however, has been discussed by O’Connor (2006) who has proposed a “Four Spheres” framework for sustainability. He argues that the respect of the triple bottom line model requires the simultaneous satisfaction of targets of both economy, society and environment, which is not always easy to accomplish. Conflicts and incompatibility could emerge when decisions are to be made. The need for resolution brings to theorize a fourth sphere, the political sphere, which will act like an arbiter between the three pillars’ claims and principles. The author suggests that the governance sphere should be based on institutional arrangements. However, the study seems to be a theoretical structure without enough pragmatism, which makes it difficult to apply to …show more content…
Sustainability and business, the triple bottom line.
When a company adopts sustainability principles, as Milne and Gray (2012) stated, it means that it will start to subordinate its production to environmental and social values. This commitment can be communicated through the adoption of the triple bottom line, a term firstly coined by Elkington (1994), which indicates a new accounting framework that not only includes the financial success of a business but also its environmental and social responsibility.
What needs to be stressed is the ethical aspect of acting sustainable, which is particularly important for companies that operate in certain dangerous sectors. For example, mineral industries could decide to act sustainable in order to avoid or reduce harms caused to local population (Bond, 2014). A relevant episode is that showed by Savitz and Weber (2006) about what happened in 2002 in Kerala. A protest against the Pepsi industry, accused of water over exploitation, brought the company to improve the sustainability of its project. Even if the accusation was not true, since the business had not caused the water shortage, Pepsi’s managers decided to enhance their technology. Not only, they wanted to continue their business, but they did realize that reducing environmental impacts was possible. Therefore, the company created ponds for recharging aquifers and developed the community
Many people with the term sustainability and have the misconception that environmentalism and sustainability portray the same idea. Although the tree metaphor is an example of nature, the government works in a similar way in terms of economy and society, as it does with the environment. All three pillars of sustainability are the foundations to a successful nation. Likewise, the three roots of the tree must balance to continue to preserve and grow. Overall, sustainability is a crucial concept as it governs all the things we need for our survival and nourishing values. It is how we use our already scarce resources to balance the economy, environment, and society effectively and thrive in the growing
Sustainability is one of the most controversial topics throughout the history, and as our society develop, we realize that being able to be sustainable is essential to survival of our race. The book Taking Sides: Clashing Views in Sustainability is a collection of articles on different side of various issues related to sustainability. In the book, Issue 8 discusses the ability of technology to deliver sustainability, and issue 16 and 17 discusses the sustainability of food and energy. While issue 16 and 17 are well-presented, the arguments in issue 8 are not very strong.
Generational conflicts, political strife, environmental regulations, stakeholders in big oil, and many more hurdles affect the push to fully sustainable economies around the world and even here in America. In a world where coal, oil, and natural gas are limited, countries are gobbling it all up as fast as they can before other poorer countries come on the grid. Even though America and other countries gobble up these resources the life of the people is still a struggle to meet basic needs. Sustainability is an intermingling of resource use and protection of the “quality of life”, it is met by using resources sparingly and by recycling or reducing the use of other non-renewable resources to provide for our immediate need, but also to conserve and protect the needs of the next generation and to improve the quality of all the lives to come.
Sustainability requires the interplay of other disciplines from the fields of science, economy, and social studies. The disciplines must function all together at a go, not in isolation. Once that is archived, sustainable development is also due to be archived. Philosophy is needed to be in practice in order to have an efficient way to approach sustainability. Mostly environmental sustainability is the one that is seen to be important, which includes the following aspects; water, energy, oil and other resources which are finite. The balance between the social, economic and environmental sectors yields sustainable development (Giddings et al., 2002). Sustainable development is classically defined as meeting the needs of the present generation without, in any way compromising the needs of future generations (IISD., 2003). Pragmatism requires us to predict, take actions and to be innovative in problem solving which is done through scientific research, this philosophy teaches us to be practical (Christopher., 2013).
Triple bottom line is defined as “a corporation’s ultimate success or health can and should be measured not just by the traditional financial bottom line, but also by its social/ethical and environmental performance” (Norman and MacDonald, 2003). There are many advantages when it comes to being a triple bottom line corporation. While incorporating the triple bottom line, you are also incorporating sustainability you’re your business. Therefore, becoming a triple bottom line corporation means it is one step higher towards helping save the planet. Becoming sustainable is cost efficient. Although it may cost a significant amount of money to convert, it will pay itself off in the long run. Additionally, it will help reduce expenses while saving
Successful companies have more than just a responsibility to their own gain in order to sustain their success. The effects of their profits spread to the stakeholders and communities in which they serve. Companies have to consider the impact their organization have on the society and those involved in their success. One way to obtain this goal is through the triple bottom line: people, planet and profit. Triple bottom line for many companies is used to measure and report their performance to minimize any harmful effects on the environment due to business practices.
Sustainability is a concept with a diverse array of meanings and definitions – a widely used glamorous, ambiguous, ambivalent and vague concept that is used by different stakeholder groups in various ways. Presumably to avoid noodling over a terminology or to avoid the confrontation with a definition, most widely the concept is broken down a planning process (c.f. e.g. Döring & Muraca, 2010). That is why most common sustainability is understood as sustainable development.1
The triple bottom line is a measurement of performance which includes social, environmental, and financial aspects. These are also referred to as the 3 P’s known as: people, planet and profit. Andrew Savitz explains the triple bottom line as “captures the essence of sustainability by measuring the impact of an organization 's activities on the world ... including both its profitability and shareholder values and its social, human and environmental capital” (Slaper, T. & Hall, T. 2011). The hospitality industry has many practices that include being socially responsible and environmentally conservative. Some of these practices include cost savings and reducing their impact on the environment in the following areas: Energy, Water, Waste, Green
Over my time in this program my conception of sustainability has changed multiple times and will continue to adjust as my education and horizons expand over time. Sustainability can be briefly defined as balancing the wellbeing of humanity, the environment and our global/local economy. The goal of this movement isn't to eliminate the existing systems, but instead shift these exploitive systems into a more resilient, efficient and overall long lasting model. An additional overarching concept of sustainability to me, is considering the whole and all possible impacts on all possible parties involved.
Sustainability has become a buzzword in lives of many Americans. The challenge with creating programs that promote and educate on the topic sustainability is that there does not appear to be a consistent definition for the term ‘sustainable’. In the Education for Sustainable Development (ESD) Toolkit, the authors suggest that “sustainable development is generally thought to have three components: environment, society, and economy. The well-being of these three areas is intertwined, not separate” (McKeown, 2002, p. 8). Furthermore, McKeown contends that sustainability should be considered “to be a paradigm for thinking about a future in which environmental, societal, and economic considerations are balanced in the pursuit of development and improved quality of life” (2002, p. 8).
Sustainability simply defined to me as balancing act between the development of sustainability is necessary for both planet Earth and humans to survive. This is reinforced in the World Commission on Environment and Development report (1987) that sustainable development must meet the needs of the present without compromising the well-being of future generations”. The Earth Charter Organization widened the idea of sustainability to respect for a culture of peace, universal human rights, nature, and economic justice (What is sustainability?, n.d.).
The sustainability of the ecosystems on which the global economy depends must be guaranteed. And the economic partners must be satisfied that the basis of exchange is equitable” (World). This quote demonstrates the complexities of sustainability. Another thing corporations should focus on when trying to be sustainable is their environmental impact.
According to the International Institute for Sustainable Development, sustainable development is defined as development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. If we follow this definition, it becomes easy to see that the vast majority of the “developed” world has not, and is not developing sustainably. The idea of sustainable development requires us to consider how our action of developing will affect other countries, and future generations. Many people believe in “the butterfly effect”, where the flapping of a butterfly’s wings in one part of t...
Over the past few decades there have been discourses both in favor and against Globalization’s capacity to guarantee a sustainable future. Authors attest societies and businesses’ inability to account for ecological and environmental limits when dealing with economic growth, examples of this are some of the traditional business metrics used by most global companies, and nations’ measure of wealth (GDP); both sides heavily resting on economic factors, fail to account for societal and environmental concerns (Byrnea & Gloverb, 2002). Other researchers point at the intensive use of resources, especially by global corporations; such as the increasing and careless consumption of fossil fuels, water, precious metals, etc. leading to a rise in GHG (Starke, 2002) (United Nations Development Program (UNDP), 2000). Most fervent opponents go as far as to call ‘sustainable development’ an oxymoron (Ayres, 1995).
There are different approaches in sustainable development. Diesendorf (2000) had illustrated that the goal or destination of sustainable development was the tight relationship between sustainabi...