What is sustainability ? How can we make sustainable development a reality ? How sustainability can...

What is sustainability ? How can we make sustainable development a reality ? How sustainability can be measured ?

Expert Solution

Sustainability:

It means meeting the needs of the present without compromising the ability of the future generations to meet their needs.

Making sustainable development reality:

1) Reducing the consumption of depleting resources or non renewable resources.

2) increasing efficient recycling methods.

3) Protection of forest.

4) Using more fuel efficient engines in vehicles.

5) Better building practices to reduce energy and waste.

6) Placing social issues and reducing inequalities at the heart of transition.

How sustainability can be measured:

Triple Bottom Line which has become the structuring axis to quantify sustainable practice across the globe till date. This accounting framework marks development by going beyond the traditional framework of profit, returns on investment and shareholders value to include environmental and social dimension.It mainly focuses on comprehensive investment results by interrelating performance with interrelated dimensions of profits, people and the planet.

ekkarill92 answered 3 years ago

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