100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Summary

Summary GSUS sustainable business book notes

Rating
-
Sold
-
Pages
12
Uploaded on
04-02-2023
Written in
2022/2023

Notes and definitions from the book : Sustainable business-key issues in environment and sustainability

Institution
Course









Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Study
Course

Document information

Summarized whole book?
Yes
Uploaded on
February 4, 2023
Number of pages
12
Written in
2022/2023
Type
Summary

Subjects

Content preview

Sustainability – the capacity to support, maintain or endure; it can indicate both a goal and
a process. Sustainability can be maintained at a certain rate or level, as in sustainable
economic growth. It can also be upheld or defended, as in sustainable definitions of good
corporate practice

Social sustainability x environmental sustainability

Other terms for sustainability: industrial ecology, CSR, business ecology, Cradle to Cradle,
green capitalism, eco-efficiency, social and environmental responsibility, the triple bottom
line, etc.

Evolution of sustainability
1960s after WWII
Organisation of Economic Co-operation and Development (OECD) – to promote highest
levels of sustainable economic growth in member countries and drive the global economy
toward the twin goals of increased employment and higher standards of living

The Club of Rome – Limits to Growth report: economy built on the continuous expansion of
material consumption is fundamentally not sustainable.

1972 UN conference on the Human Environment: civilization is exhausting to resources

EKC - Environmental Kuznets Curve
In EKC it is believed that during early industrialization, economies use material resources
more intensively until a threshold is reached after which structural changes in the economy
lead to a progressively less intensive use of materials. It is believed that higher income levels
and economic growth will lead to environmental improvement or at least reduced
environmental degradation.

Green revolution
Refers to research, development, and technological initiatives that increased agricultural
production worldwide, particularly in the developing world. Late 1950s; helped the global
food supply keep pace with population growth

Social sustainability refers to issues concerned with social equality, poverty, and problems
associated with justice. Equity considerations are primary in order to have the resources to
reduce poverty and increase well-being in developing countries.

Definition of sustainability by EEA: concept and strategy enabling sufficient delinking of the
“use of nature” from economic activity needed to meet human needs to allow it to remain
within carrying capacities; and to permit equitable access and use of the environment by
current and future generations.

Economic sustainability is linked to well-being in relation to financial indicators such as GDP
and is characterized by underlying economic approaches to the range of social issues
attempting to capture the values embedded in human and natural capital.

, Eco-efficiency refers to the idea of doing more with less. Compared to early industrial
products, modern alternatives are able to generate more value by being produced on a
much larger scale with less impact and using less material.

Eco-effectiveness advocates for the production of goods nad services by focusing on the
development of products and industrial systems that maintain or enhance the quality and
productivity of materials rather than depleting them.

The circular economy model uses the functioning of ecosystems as an exemplar for
industrial processes, emphasizing a shift towards ecologically sound products and
renewable energy.

Cradle to cradle (C2C) considers not just minimizing the damage, but proposes how
contemporary waste and depletion of resources can be avoided by adhering to cyclical
‘waste=food’ principle.

Key terms: Brundtland Report; business ethics; business sustainability; the circular
economy; Cradle to Cradle; eco-effectiveness; eco-efficiency; economic sustainability;
environmental sustainability; limits to growth; social sustainability; sustainable
development; the triple bottom line.
$7.03
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
hongngoc

Get to know the seller

Seller avatar
hongngoc Vrije Universiteit Amsterdam
Follow You need to be logged in order to follow users or courses
Sold
0
Member since
2 year
Number of followers
0
Documents
2
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions