A business practice that is economically viable, socially responsible
and environmentally friendly is usually regarded as being sustainable.
Corporations that include socially responsible and environmentally sound
policies as core elements in their growth strategy very often create
sustainable economic values.
What is Sustainability?
There are many ways to define sustainability. While there is no universal definition of sustainability, there is broad consensus that sustainability can be viewed as a holistic system, inclusive of nature and man-made, that needs to be regenerative and balanced in order to last a very long period of time. In the business-world, sustainability is viewed as a form of triple-bottom-line reporting system whereby a business enterprise communicates to their stakeholders its:
The goal in developing sustainable business practices is to create strategies that preserve the long-term viability of People, Plant and Profit, the proverbial triple bottom line. Sustainability requires that we see the world as an integrated system that connects businesses to society and the environment through both space and time. Pollution in one part of the world affects others thousands of miles away. Socially responsible corporate strategies impact communities not only today, but also leave lasting impressions for generations to come.
A Brief History of Sustainability
In 1969 United States passed major legislation to protect the environment.
Goals and Activities
How we Achieve our Goals
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