Sustainability

From the Sustainability Dictionary:

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

This definition was created in 1987 at the World Commission on Environment and Development (the Brundtland Commission). It is enshrined in the Swiss federal constitution. It is similar to the “seventh generation” philosophy of the Native American Iroquois Confederacy, mandating that chiefs always consider the effects of their actions on their descendants seven generations in the future.

There are many ways to measure or define sustainability. As described in the book Natural Capitalism, in business, these should include the sustainable development and use of, at least, the following four types of capital:

  • Financial Capital
  • Manufacturing Capital
  • Natural Capital
  • Human Capital

In addition, many organizations use the following criteria to assess sustainable products, services, and other activities:

Social Criteria:

  • Socially desirable
  • Culturally acceptable
  • Psychologically nurturing

Financial Criteria:

  • Economically sustainable
  • Technologically feasible
  • Operationally viable

Environmental Criteria:

  • Environmentally Robust
  • Generationally Sensitive
  • Capable of continuous learning

HACR5

On SDGs, U.K. B Corps and the Future of Sustainable Business

Each of the SDGs requires business to get involved in some shape or form if they are to be achieved. And if the…
sm4

How to Rock the Pants Off Social Media for Climate Change

Sustainability has an image problem. It’s big, scary and boring. People feel powerless and disconnected. Most stories about the environment deal with facts,…
3047314457_ea9be5e753_z

Lipsticks, Burgers, Orangutans and Climate Change

Countless agricultural commodities form the building blocks of thousands of products that are manufactured and traded globally by corporations. Over the past decades,…
5480544493_53d8d77e84_z

How Can the IoT Lead to Greater Efficiency and Sustainability?

The idea of a city where real objects could communicate and send messages seems like something out of a film -- but it's…
Flickr Darren Umbsaar

Touched by Polar Bears or Tuvalu: It’s Time to Give our Oceans a Voice

The oceans and climate are closely interconnected and any climate agreement in Paris must ensure their health.
Screen Shot 2015-10-07 at 8.40.30 AM

BSR and the State of Corporate Responsibility

Last week, Business for Social Responsibility (BSR) and GlobeScan released their 7th annual State of Sustainable Business Report. Given BSR’s impressive membership provides…
Oil_Palm_Fruit

India Takes Tentative Steps Toward Palm Oil Sustainability

India now wants to cut back on palm oil imports by promoting oil palm cultivation on Indian soil. Will this happen at the…
net zero wastewater treatment

Net Zero Lessons From A Wastewater Treatment Plant

New York City has set its sights on net zero energy for its wastewater treatment plants, demonstrating that net zero is a realistic…
Businesses set to benefit from the new ISO 14001:2015 standard

Businesses Set to Benefit From the New ISO 14001:2015 Standard

Details on the revised ISO 14001:2015 and expected impact of its launch.
illshapedfruit

The Food Waste Fight Needs New Publicity

Perhaps the misappropriation of the word 'waste' to describe perfectly edible food is where we can begin to re-tool the way we think…
distillery-barrels-591602

Long-Termism As a Near-Term Benefit

We must translate the vast horizon of sustainability into language that gets business to act in its interests today – sidestepping uncertainty and…
6782081225_44e31f6c05_z

Passion Fruit, Moringa and Thistles: Biolubricants of the Future?

The much evidenced toxic impact of petrochemical lubricants makes a case for the use of bio-based lubricants, which unfortunately still constitute a very…
Biosphere 2 in Tucson, Arizona.

CSR: Fostering Responsible Biodiversity Stewardship

The 651 biosphere reserves spanning over 120 countries protect and preserve the immense diversity of life on our planet. The value and benefits…
sunset-192978_1280

Center for Carbon Removal: Beyond Mitigation in a 2 °C World

Noah Deich, founder of the Center for Carbon Removal, hopes to bring a more holistic, business-centric approach to carbon removal.
10837340565_1136ae8085_z

Choose Between Prosperity and Sustainability: Both?

By greening economic growth, we can create prosperity and wealth -- while also safeguarding our environment and our climate, argues Li Yong, director…
Close
Please support the site
Love TriplePundit? Please help us by clicking our like buttons - it really matters!