Question

Explain the fundamental theme of sustainability. Does this relate to business, and if so, how? If not, why not? (Think of the different definitions of sustainability and sustainable development. Given these varying definitions, what is at its core, or the underlying theme, and how this is relevant, or not relevant, for businesses)

Answer 1

Ans.1

The fundamental theme of sustainability- sustainability means fulfilling the requirements of the present without compromising the capability of future generations to fulfill their requirements.

It has three major components namely- economic, environmental and social.

Ans.2

Yes, Sustainability relates to the business.

the reasons behind this are as follows-

1.Good for the Environment

2.Helps Attract and Motivate Employees

3.Cuts Down on Energy and Waste Costs

4.Good for Business's Reputation