Sustainability Flashcards
What are the three p’s
Planet
People
Profit
Name environmental unsustainable practices
Deforestation
Use of nonrenewable resources including oil gas and coal
Long-term damage from greenhouse gasses
Social unsustainable practices
Anything contribute to social injustice
Rich consuming countries
Poorer Manufacturing countries
Exploiting Third World labour
Economic unsustainable practices
Strategies for short-term gain
Paying bribes
Underpayments of taxes
What is the risk of not acting sustainable
It is ethically wrong for this generation to benefits at the expense of future generations
How can sustainability boost profits
Product advertising example fair trade, safe working conditions.
Cost savings examples lower energy usage.
Positive PR.
Avoiding fines for pollution.
What is corporate social responsibility?
Commitment by business to behave ethically and contributes to economic developments while improving the quality of life of the workforce.
What is triple bottom line?
People, planet and profit
What are examples of planet sustainability
Managing resource consumption and energy usage
Company is not involved in resource depletion
People sustainability
Workers rights are respected
Promote the surrounding community
Profit sustainability
Balance the profit objective to the planet and people elements of the triple bottom line.
Measuring planet triple bottom line
Electricity consumption Fossil fuel consumption Water usage Greenhouse gasses and pollutants Re-sources recycle compared with dumped
People triple bottom line
Jobs created unemployment rates
Average Pay levels
Health and safety measures
Equality measures
Profit triple bottom line
Profitability of individual business
Taxes paid
Understand Sustainability?
We must not compromise future generations in the pursuit of our plans and objectives.
