Environmental and ethical issues

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 and ethical issues

1. Sustainability involves meeting present needs without harming future generations' ability to meet theirs.
2. The Triple Bottom Line (People, Planet, Profit) is a framework for measuring sustainable performance.
3. Pursuing sustainability can shift from being a cost centre to a source of long-term value and competitive advantage.
4. It impacts all business functions, from operations and marketing to finance and human resources.