what are the main principles of sustainable development
Answers
The principles of sustainability are the foundations of what this concept represents. Therefore, sustainability is made up of three pillars: economy, society, and the environment. These principles are also informally used as profit, people and planet
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Explanation:
The principles of sustainability are the foundations of what this concept represents. Therefore, sustainability is made up of three pillars: economy, society, and the environment. These principles are also informally used as profit, people and planet.John Elkington, author of Cannibals with forks and co-founder of the sustainability consultancy firm SustainAbilty, was one of the first people to integrate these 3 principles. He argued companies needed to start considering this triple bottom line so that they could the world thrive in the long run (more info about the triple bottom line in our article: sustainable development).
At the same time, consumers and citizens unsatisfied with the long-term damage (both on wealth distribution and the environment) caused by the corporate focus on short-term profits, turned sustainability into a mainstream concept able to ruin a company’s reputation and profits. Today, sustainability is often spoken of with regard to climate change, which threatens life as we know it as is being largely caused by industrial practices. That’s one of the reasons why today many companies have corporate responsibility (CSR) strategies.
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