9609 · 6.1.7
Environmental
**Environmental** (6.1.7) completes **PESTLE**. Often combined with **6.1.3 ethical trends** and **CSR** in evaluate questions - balance **compliance cost** vs **brand/revenue** benefits.
Need to know
What you need to know
- Sustainability involves meeting present needs without harming future generations' ability to meet theirs.
- The Triple Bottom Line (People, Planet, Profit) is a framework for measuring sustainable performance.
- Pursuing sustainability can shift from being a cost centre to a source of long-term value and competitive advantage.
- It impacts all business functions, from operations and marketing to finance and human resources.
Explanation
Environmental
- Sustainability involves meeting present needs without harming future generations' ability to meet theirs.
- The Triple Bottom Line (People, Planet, Profit) is a framework for measuring sustainable performance.
- Pursuing sustainability can shift from being a cost centre to a source of long-term value and competitive advantage.
- It impacts all business functions, from operations and marketing to finance and human resources.