Question: We could just as logically define sustainability as a process which can support current and future generations of whales or butterflies, and in essence, still
We could just as logically define sustainability as a process which can support current and future generations of whales or butterflies, and in essence, still be saying the same thing.
what would a truly sustainable business, or economic system look like?
More than 60% of the worlds largest businesses report on their environmental impact, under the banner of sustainability. Many large companies have developed climate change and environmental policies, which help to shape the way they do business. Incorporating sustainability issues into core business strategy makes a lot of sense and is an important part of corporate governance today. While we might not be able to identify a fully sustainable business, and a lot of these reports did start out as greenwashing, they provide an important mechanism for environmental oversight, from external stakeholders, but also once the data is being recorded, also provides management with ways to improve their business.
If you take a moment to search for any companies sustainability report, youll see that they are likely to have reported on environmental issues (including climate change), as well as social issues. As weve discussed, through a sustainability lens, environmental and social issues go hand in hand. But Id like you to keep a little bit of a critical lens when you read through these reports just because a company has one, it doesnt mean they are necessarily sustainable in a true sense.
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