Sustainability

Question 1

Define Sustainability

Answer 1

Ability to maintain or support a process continuously over time.

Question 2

Three Core Concepts

Answer 2

Social = Human affects on economic systems, which includes elimanating poverty & hunger, & equality

Environmental = Adds greater emphasis on life support systems.

Economic = Focuses on conserving natural resources that provide physical inputs for economic production

Question 3

Companies on Sustainability

Answer 3

Companies set sustainability goals such as a commitment to zero-waste by a certain time & percentage.

Question 4

Challanges of Companies Becoming Sustainable

Answer 4

It is diffucult to rank the amount of impact each made by the change. Also, hard for economic agents to react to it.

Question 5

Benefits of it

Answer 5

Social = Improving environment & elevating human needs

Fincial = Cutting costs of unsustainable materials cost save companies money in there costs.