CH40 Sustainable Development Flashcards
What is sustainable development?
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
What is the total/product lifecycle approach? xxxxx
It examines the environmental cost of the product across all stages of production.
What does stage 1 of total/product lifecycle approach so? xxx
Examines the sourcing of raw materials
- Are they sourced in an ethical way?
What does stage 2 of the product/total lifecycle approach do? xxxx
Examines product manufacturing process
- Are they considering the social and environmental costs?
What does stage 3 of product/total lifecycle approach do? xxxx
Examines the impact of product distribution
- Production should be close, to reduce transport pollution
What does stage 4 of total/product lifestyle approach do? xxxx
Examines the impact of product usage
-Companies should design products to reduce social/environmental costs,
e.g. make electrical goods have to display energy rating
What does stage 5 in total/product lifecycle approach do? xxx
Examines the impact of packaging
-Businesses should try to recycle packaging to cause less damage to the environment.
What is WEEE :0 zxxxx
WASTE
ELECTRICAL
ELECTRONIC
EQUPIMENT
(idk what this is for)
What are the benefits of the lifecycle approach? xxxx
-Taking a longer-term view- promotes long-term sustainability e.g. fishing quotas
-Promotes positive behavior - encourages people/businesses to behave in an ethical way, e.g. fair trade
-Encourages stakeholders to play their part in sustainability
What is CSR? xxx
Corporate Social Responsibility
-sets out how organisations should act to benefit the society and environment.
Benefits of a business following CSR? xxx
-Reputation improves
-Environment friendly customers are more likely to buy from that business
-Attract staff who share their aims.
What are business ethics? xxxx
Moral principles that influence the way a business behaves to all stakeholders
(consumers, employees, shareholders, govt. and society)
What are the 3 pillars of sustainability?`
Financial
Social
Environmental
What is financial sustainability?
This means that economic development will be financially affordable
What is Social sustainability?
Economic development won’t damage society.
e.g. increasing poverty, effect health system