Tuesday, May 24, 2022
The Green Market Oracle
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
The Green Market Oracle
No Result
View All Result
Home Business and Economics Economics

Six Types of Sustainability

by Richard Matthews
September 10, 2015
in Economics
0

Sustainability is an expansive concept that applies widely. The definition of sustainability is commonly narrowly defined particularly by entrepreneurs and some members of the business community.  The Brundtland commission definition from 1987 definition defines sustainability as follows, “development that meets the needs of the present without compromising the ability of future generations to meet its needs”.

Many focus exclusively on profitability, at the expense of the other dimensions of sustainability. However, profitability is only one of the three pillars of the so called three legged stool of sustainability (people, planet and profits).  While no one can deny the importance of profitability, some fail to recognize how the other 5 elements of sustainability can also contribute to or detract from the bottom line.


The three legged stool can be further subdivided into six overlapping sub-components of sustainability.

Commercial sustainability is largely about the importance of generating a profit to sustain a company’s viability. Environmental sustainability is about the environmental impacts associated with a business while ecological sustainability is about the impacts on bio diversity. Economic sustainability is a reflection of the market’s ability to carry a business while social sustainability deals with the social impacts of a business. Finally regulatory sustainability is about being onside with government regulations and laws.

These components are interrelated so failing to address even one aspect can have adverse unforeseen consequences. 

Related
Understanding Sustainability: Forging a Comprehensive Definition
Sustainability (Sustainable) Defined
Sustainable Business as Defined by Paul Hawken
Sustainable Development Defined
Sustainable Production Defined
Primer on Four Economic Systems and their Environmental Implications
Environmental Implications of Three Types of Economies: Brown, Blue and Green
Should Green Apply to the Brown Economy?

ShareTweetShare
Previous Post

Online Non-Credit Certificates in Sustainability Management (University of Colorado-Boulder)

Next Post

Why We Must Divest from Fossil Fuels

Related Posts

Defining Sustainable Economic Systems – Development vs Growth

by Richard Matthews
April 20, 2022
0

Prevailing economic systems are not working and it is becoming increasingly clear that we require a paradigm shift to address pressing social and environmental problems. The brown economy continues to...

Banks are Backing Away from Fossil Fuels and Embracing Sustainability

by Richard Matthews
January 27, 2021
0

Major banks have been slow to act but it appears as thought they are moving away from dirty energy. Big lending institutions have have pledged to support emissions reductions consistent...

The Plague Economy: Inequality and the Preoccupation with Growth

by Richard Matthews
August 4, 2020
0

The COVID-19 pandemic has exposed fault lines that highlight weaknesses in our economic system. Unfettered capitalism imperils biodiversity and endangers the future of civilization. Julia Steinberger echoes these sentiments saying...

Next Post

Why We Must Divest from Fossil Fuels

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Economics

Defining Sustainable Economic Systems – Development vs Growth

by Richard Matthews
April 20, 2022
0

Prevailing economic systems are not working and it is becoming increasingly clear that we require a paradigm shift to address...

Read more
List of private equity firms and investment funds that focus on on sustainable development goals: Climate action, clean energy, sustainable cities and communities, quality education, innovation and infrastructure, life below water, and life on land.

List of the Top Sustainability Focused Private Equity Firms

March 21, 2022
russia's invasion of ukraine from the perspective of climate and energy

Russia’s War From a Climate Perspective

March 14, 2022
Private Equity Firms Are Paving the Way to a More Sustainable Future

Private Equity Firms Are Paving the Way to a More Sustainable Future 

February 21, 2022
sustainably invested cash money

Top 12 Green Private Equity Firms

February 7, 2022
  • About
  • Climate Change
  • Energy
  • Business and Economics
  • Politics
  • Technology
  • Social Change
  • Events
  • Other

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business and Economics
    • Leadership
    • Supply Chains
  • Economics
  • Energy
    • Fossil Fuels
    • Renewables
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Food
    • Transportation
  • Social Change
    • Education
    • Activism
    • Psychology

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In