question archive Compare the concepts of sustainable development to business sustainable development
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Compare the concepts of sustainable development to business sustainable development.
Generally , we talk about sustainable development in the context of using available resources in such a way that our future generation can also in position to use the same. In another sense, if , our earth will be exist then only future generation will be survive. The increasing pollution, deforestation, rising earth temperature due to chlorofluorocarbons and other gases are hampering our ecosystem. The need of sustainable development can be feel to each sphere of our life. The wise use of resources can create a healthier and liveable planet earth.
Step-by-step explanation
The 17 sustainable development goals ( UNDP ) can be referred to understand its scope for our globally integrated society. The goals number 8 and 9 that is decent work and economic growth ( goal -8 ) and industry , innovation and infrastructure ( goal-9) has been associated to sustainable development of business practices.
Sustainability in business management can be said as an effort to keep our people , planet and profit in a balanced manner. Generally , when a business operate with profitable outcomes , socially acceptable & responsible business interventions and eco-friendly initiatives then it can be said as sustainable business development.
For example:
Nokia and Microsoft recycling of e-garbages globally can be said as one of sustainable marketing interventions.
Tesla's car in solar powered industry can also be observed as sustainable business.