What Is Sustainability?
In the broadest sense, sustainability refers to the ability to maintain or support a process continuously over time. In business and policy contexts, sustainability seeks to prevent the depletion of natural or physical resources, so that they will remain available for the long term.
KEY TAKEAWAYS
Sustainability is the ability to maintain or support a process over time.
Sustainability is often broken into three core concepts: economic, environmental, and social./p>
Many businesses and governments have committed to sustainable goals, such as reducing their environmental footprints and conserving resources.
Some investors are actively embracing sustainability investments, known as “green investments.”
Skeptics have accused some companies of “greenwashing,” the practice of misleading the public to make a business seem more environmentally friendly than it is.
Pillars of Sustainability Overview
In business contexts, sustainability refers to more than just environmentalism. Harvard Business School lists two ways to measure sustainable business practices: the effect a business has on the environment, and the effect a business has on society, with the goal of sustainable practice being to have a positive impact on at least one of those areas.
Our CSR initiatives demonstrate our commitment to ethical business practices and social responsibility, enhancing our reputation among customers, investors, and other stakeholders. By aligning our values with our actions, we build trust and credibility in the marketplace.
Our CSR initiatives demonstrate our commitment to ethical business practices and social responsibility, enhancing our reputation among customers, investors, and other stakeholders. By aligning our values with our actions, we build trust and credibility in the marketplace.
Our CSR initiatives demonstrate our commitment to ethical business practices and social responsibility, enhancing our reputation among customers, investors, and other stakeholders. By aligning our values with our actions, we build trust and credibility in the marketplace.