Sustainable Development (SD) is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come. The term was used by the Brundtland Commission as that which "meets the needs of the present without compromising the ability of future generations to meet their own needs." SD ties together concern for the carrying capacity of natural systems with the social challenges facing humanity. As early as the 1970s "sustainability" was employed to describe an economy "in equilibrium with basic ecological support systems."
Sustainable development can be conceptually broken into three dominant constituent parts:
Sustainable development can be conceptually broken into three dominant constituent parts:
- social sustainability
- environmental sustainability
- economic sustainability
Organizational Sustainability & the Triple Bottom Line
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A well-rounded and balanced approach is necessary to achieve successful Organizational Sustainability. The concept of the Triple Bottom Line was coined in 1994 by John Elkington, and the concept has since been embraced by the United Nations as a telling set of sustainability indicator categories. It is helpful framework for assessing sustainability through three critical lenses that pertain to the primary objectives of any sustainable organization. The three essential pillars of sustainabilty are social, environmental, & economic indicators ... or more succinctly: people, planet, & profit.
Sustainable business models should account for ecological & social performance in addition to financial performance.
Each component of the Earth Access business model will be constructed around these pillars of sustainability:
Sustainable business models should account for ecological & social performance in addition to financial performance.
Each component of the Earth Access business model will be constructed around these pillars of sustainability:
People
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People signify fair and beneficial business practices with regard to the labor employed and the overall impact it on is local community. People-focused business models ensure that basic rights are upheld for all people that contribute to its success.
Planet
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Planet refers to sustainable environmental practices. Triple Bottom Line guidelines endeavor to benefit the local environment as much as possible while curtailing its negative environmental impact.
Profit
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Profit is the economic value created by the organization after deducting the cost of all inputs, including the cost of the capital tied up. Profit refers to the real economic impact an organization has on its economic environment.