A brief introduction to the concept of of sustainability in the corporate world and business perspective.

1. Sustainability in
Corporate
Business
Division 12
Naresh
Naulakha
By:- Saurab Singh
Jariyal

2. What is
Sustainability
The United Nations defined sustainable
development in the Brundtland Report as
development that meets the needs of the
present without compromising the ability
of future generations to meet their own
needs.
It assumes that resources are finite, and so
should be used conservatively and
carefully to ensure that there is enough for
future generations, without decreasing
present quality of life.
A sustainable society must be socially
responsible, focussing on environmental
protection and dynamic equilibrium in
human and natural systems

3. Why is it important
We cannot maintain our Earth’s
ecosystems or continue to function as
we do if more sustainable choices are
not made.
If harmful processes are maintained
with no change, it is likely that we will
run out of fossil fuels, huge numbers
of animal species will become extinct,
and the atmosphere will be irreparably
damaged.
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4. Literary Review
Clean air and nontoxic atmospheric
conditions, growth of resources that
can be relied upon, and water quality
and cleanliness, are all benefits of
sustainability
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5. It is concerned with the reduction
of carbon footprints, water usage,
non-decomposable packaging,
and wasteful processes as part of
a supply chain. These processes
can often be cost-effective, and
financially useful as well as
important for environmental
sustainability.
Pillars of
Sustainability
Treating employees fairly and
ensuring responsible, ethical, and
sustainable treatment of
employees, stakeholders, and the
community in which a business
operates, through more
responsive benefits, like better
maternity and paternity benefits,
flexible scheduling, and learning
and development opportunities.
For example, business should
operate using sustainable labour,
which involves fairly-paid, adult
employees who can operate in a
safe environment.
To be economically sustainable, a
business must be profitable and
produce enough revenues to be
continued into the future. The
challenge with this form of
sustainability is achieving an
equilibrium. Rather than making
money at any cost, companies
should attempt to generate profit
in accordance with other elements
of sustainability.
Economic
development
Social
development
Environmental
protection

6. Primary Goals
BY UNITED NATIONS HOW IT CAN BE MEASURED?
the UN issued The Sustainable Development Goals as its
main aims for the successful achievement of a better and
more sustainable future. They address global challenges to
sustainability. The 17 Goals include sustainable economic
growth, no poverty, zero hunger, clean water and sanitation,
affordable and clean energy, and responsible consumption
and production, and it is hoped that they will be reached by
2030.
Sustainability is measured by assessing performance of the
three main principles altogether, in particular a balanced
treatment of all three. These three key principles of the
Triple Bottom Line do not provide a measurement system
of themselves, but recent methods of measuring
sustainability have attempted to measure sustainability
through them. Many organisations are developing industry-
specific tools and practices to judge how social,
environmental and economic principles function as part of a
company..
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7. The Triple Bottom Line approach to operating a company is useful for businesses
in a number of ways. Not only is it ethical and important to meet UN standards of
environmental sustainability, it is also economical and allows a stronger business
model.
Sustainability enables an organisation to attract employees, shareholders and
customers who are invested in the goals of sustainability and share these values.
The impact of sustainability can therefore be positive for a business’ image as well
as revenue.
How it affects the
Business

8. Can it be
achieved
Sustainable development is a
societal challenge, not simply
an environmental one
A digital revolution in science,
technology, and innovation
would be required to support
Responsible consumption and
production, and the importance
of doing more with fewer
resources
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9. Can it be
achieved
Decarbonisation of the energy
industry, through clean energy
resources and renewable
processes
There should be food and clean
water for all while protecting
the biosphere and the oceans
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10. Future
With the climate crisis, there is a current movement
towards sustainability as a more appealing priority for
businesses, as people begin to live more sustainable lives.
It is likely that, in the future, positive impact on climate
over the whole value chain, improved impact on the
environment, people, and atmosphere, and productive
input on society, will be expectations for businesses.
It is also expected that resources will be reused to suit the
global increase in population in what is commonly referred
to as a ‘circular economy’. This change would allow one
person’s waste to be another’s resource, in a process that
would greatly reduce waste and create a more efficient
supply chain.

11. We are open for Questions
Thank you
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