Week 8 Flashcards

1
Q

Demographic change

A

Shifts in size and patterns of population over time, including the distribution of wealth and poverty.

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2
Q

Ecosystem change

A

Variations over time in the Earth’s natural capital affecting the planet´s ability to sustain future generations

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3
Q

Climate change

A

changes in the Earth’s climate over time due to natural variability and human activity

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4
Q

Demographic trends

A

World population growth
Ageing Society
Rising Middle class
Urbanization

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5
Q

Sustainability challenges

A

Climate Change
Biodiversity loss
Pollution and waste
Depletion of resources

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6
Q

Sustainability

A

is the capacity to support, maintain or endure.

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7
Q

The five capitals

Sustainability means balancing different types of capital

A
Manufactured Capitals
Financial Capital
Social Capital (anything that we build as a society)
Human Capital
Natural Capital (biggest one)
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8
Q

What is business sustainability?

A

If sustainability is the ability to support, maintain or endure…

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9
Q

Then business sustainability is what?

A

Economic value
Social value
Environmental value

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10
Q

Areas that see change: Energy

Energy: a lot of change happening & about to happen

A

Comparative advantage between countries

Renewables: Wind, Hydro, Biomass, Solar, Geothermal, Marine

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11
Q

Areas that see change: Poverty

A

Absolute:
a fixed standard of what households should be able to count on in order to meet their basic needs or absolute deprivation

Relative:
cutoff point in relation to the overall distribution of income or consumption in a country or relative deprivation

Ethical issues when it comes to poverty and sustainability

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12
Q

Business with resource constraints

A

Business as an enemy – business will keep being just focused on profit

Business as a positive force - focusing on shared value

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