Sustainability is a broad concept

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Sustainability is a broad concept. The UN defines sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." Another way to think about sustainable business is represented by the UN Global Compact, which states: "Corporate sustainability starts with a company's value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption." ₁

₁United Nations. (n.d.). Sustainability. United 

Nations. Retrieved June 6, 2022, from

https://www.un.org/en/academic-impact/sustainability

 

1. Describe the business and why you believe it meets the criteria.
2. What relationship does the business have with the community in which it operates?
3. What goals or strategies does the business have that would support your classification of the business as being sustainable?
4. What other changes can the business implement to move it even further into the realm of sustainable business?