Sustainable Development Within A Business - 1502 Words

Sustainable development in a business, although a widely used phrase and idea, has many different meanings and therefore provokes many different responses. Although managing the economic bottom line and protecting social and environment resources is an important aspect of sustainability, it is not the only aspect. For example, sustainability refers greatly to an accounting framework with three parts: social, environment and financial. Commonly known as the Triple Bottom Line. One business that aims to achieve this concept is Cascade Engineering. The CEO, Mark Miller (2014) considers â€Å"the concept of sustainability as the three interconnected gears in motion†. Each category is an interdependent, innovation-enabling mechanism. Sustainability has been an often mentioned goal of business, non-profits and governments in the past decade, yet measuring the degree to which an organization is being sustainable or pursuing sustainable growth can be difficult. In broad terms, sustain able development is an attempt to combine growing concerns about a range of environmental issues with socio-economic issues. The widespread rise of interest in, and support for, the concept of sustainable development is potentially an important shift in understanding relationships of humanity with nature between people. It is in contrast to the dominant outlook of the last couple of hundred years, especially in the ‘North’, that has been based on the view of the separation of the environment fromShow MoreRelatedThe Impact Of Sustainability On The Business World And Professional Business Communication1253 Words   |  6 PagesUsed In the Business World and Professional Business Communication 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 brokenRead MoreTransformation Is Run By Ceo Carole Anne Hilton1551 Words   |  7 PagesTransformation is an organization that focuses on community development and the social and economic capacity among First Nations communities. Their entire development and business goal is to establish governing structures, managing systems, and business development for First Nations people in order to establish a bright and structured future. Transformation is run by CEO Carole Anne Hilton who is driven by her ancestry and her passion to help struggling people. Hilton built the company off of theRead MoreEnvironmental Management Systems And Principles1473 Words   |  6 PagesStates (US) regions, but along all countries within the world. Within few decades, other approaches such as social responsibility and sustainable development have arisen. According to ISO 26000:2010 Guidance on Social Responsibility: Social responsibility is the responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical behavior that: †¢ Contributes to sustainable development, including health and the welfare of society;Read MoreSustainable Development and Businesses Essay1049 Words   |  5 Pagesattention within society, sustainable development is acknowledged by the majority to mean ‘development that meets the needs of the present without compromising the ability of future generations to meet their own needs’ (Commission 1987). This essay will look into the practices of ANZ as a sustainable business and examine their ecological, economic and social environments. Sustainability is a concept that supports strong economic, environmental and social development within the business. Through thisRead MoreCsr 610 Q1937 Business Ethics And Culture1701 Words   |  7 Pages 10-2 Final Paper: Main Elements CSR-610-Q1937 Business Ethics and Culture Southern New Hampshire University Peter F. Hanna Introduction: Bertrand Piccard quotes, â€Å"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 ClarkeRead MoreThe Sustainability Strategy of Virgin Groups Corporate1497 Words   |  6 PagesExecutive summary Concerns about climate change, the pending introduction of an emissions trading scheme and significant changes in demographics and society in general have combined to make sustainability a mainstream issue. â€Å"The goal of sustainable development is to meet the needs of the present without compromising the ability of future generations to meet their own needs.† (G3.1 Guidelines, 2011, p4) This study report on a survey of the Virgin Groups sustainability report that summarize the VirginRead MoreThe, Tourism, Hospitality And Events Sectors Role As A Vehicle For Sustainable Development1277 Words   |  6 Pagesevaluate either the music, tourism, hospitality or events sectors role as a vehicle for sustainable development. The events sector has a big impact on the economy, creating substantial and seasonal job opportunities. The profound development of the sector over the years has created a sustainable environment for it to expand therefore being a strong vehicle for sustainable development. Sustainable development being a process which has means to maintain the ability of natural systems whilst meetingRead MoreBusiness Ethics : Ethical And Ethical Issues1737 Words   |  7 PagesBusiness ethics examines ethical principles and moral or ethical problems that arise in a business environment. Business ethics often encompasses many concerns such social responsibility, sustainability, labour practices and environmental development. Business ethics as a concept fundamentally applies to all aspects of business conduct and is relevant to the behavior of individuals and entire organizations. Desjardins (2011) suggests that business ethics is the study of business from an ethical viewpointRead MoreHow Can An L edc Sustain Its Business Endeavours In A Morally1502 Words   |  7 PagesHow can an LEDC sustain its business endeavours in a morally ethical way? This essay will examine the moral ethical principles of an LEDC and the perspective its entrepreneurial endeavours and the difficulties in applying sustainable and ethical business practices. An LEDC is an abbreviation for (less economically developed country. An LED is a country that lacks in financial resources that makes it a struggle in any sustainable economic growth. The backbone of an LEDC relies on its agriculture andRead MoreEffective Governance And Sustainability : An Definition Of Sustainable Development1398 Words   |  6 Pages organizations, business leaders, investors, consumers and many other stakeholders throughout the world. Good corporate governance and complexity of sustainable development demands for global cooperation, based mainly on joint co-ordination of strategies and adopting of the best decisions. 1.1 Definition of sustainable Development: the term sustainable development was popularized in our common future, a report published by the World Bank commission on environment and development (WCED) in 1987.