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Sustainability is the balancing of short and long term goals in all three dimensions of the company's performance. Those three areas are:
Economic, social, and environmental.
What is sustainability?
The definition of sustainability is "meeting the requirements of the present without compromising the needs of the future" and "ensuring a balance between economic growth, environmental protection, and social well-being."
The types of sustainability are:
- Economic sustainability,
- Environmental Sustainability
- Social Sustainability
Sustainability is the capacity to exist and advance without consuming current or future natural resources. According to the Brundtland Report, sustainable development is defined by the UN as growth that satisfies current demands without jeopardizing the capacity of future generations to satiate their own needs.
To know more about sustainability, visit:
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