sustainability

(noun)

Configuring human activity so that societies are able to meet current needs while preserving biodiversity and natural ecosystems for future generations.

Related Terms

  • innovation

Examples of sustainability in the following topics:

  • Sustainability Innovation

    • Sustainability innovation combines sustainability (endurance through renewal, maintenance, and sustenance) with innovation.
    • Sustainopreneurship is entrepreneurship and innovation for sustainability.
    • Solving sustainability-related problems from the organizational frame is the be-all and end-all of sustainability entrepreneurship.
    • Sustainability is the core operating mission and vision of the broader organization.
    • The company created a sustainable business strategy through innovative thinking.
  • Types of Social Responsibility: Sustainability

    • Sustainability is the capacity to endure over the long term through renewal, maintenance, and sustenance.
    • Environmental sustainability involves efforts to protect air, water, and land from any harmful effects.
    • Energy is another area of interest in environmental sustainability.
    • The social dimension of sustainability addresses concerns such as peace and social justice.
    • Sustainable design of a business can be an aspect of corporate social responsibility.
  • Types of Social Responsibility: Ecocentric Management

    • According to the ecocentric model of CSR, environmental protection and sustainability are more important than economic or social benefits.
    • The ecocentric model differs from more human-centered interpretations of sustainability or responsibility.
    • In this way, the ecocentric approach contrasts with that of a more traditional CSR environmental sustainability, which seeks to maintain economic performance while reducing the impact of those products or making parallel investments in alternatives.
  • The Resource-Based View

    • To transform a short-run competitive advantage into a sustained competitive advantage requires that these resources are heterogeneous in nature and not perfectly mobile.
    • If the firm's strategy emphasizes and accomplishes this goal, its resources can help it sustain above-average returns.
    • In achieving a competitive advantage, the resource-based view defines characteristics which make a competitive process sustainable.
    • This advantage can be sustained if competitors are not able to duplicate this strategic asset perfectly.
    • The VRIN characteristics mentioned are individually necessary, but each is insufficient on its own to sustain competitive advantage.
  • Social Responsibility Audits

    • This type of accounting originated in the early 1990s and is known by various names, including social accounting, sustainability accounting, CSR reporting, environmental and social governance (ESG) reporting, and triple-bottom-line accounting (encompassing social and environmental as well as financial reporting).
    • In consequence, most social, environmental, and sustainability reports are produced voluntarily by corporations themselves and are not held to the same legal standards as financial reporting, for example.
  • External Stakeholders

    • For instance, customers may reward a company with their business if they agree with its sustainable business practices or stay away from another whose employment practices they do not support.
  • The Importance of Performance Targets

    • Motivation elicits, controls, and sustains certain goal-directed behaviors.
  • Team Cohesiveness

    • These ties enable members to sustain their efforts on behalf of the team and make it more likely that the team will achieve its goals.
  • Introduction to Entrepreneurship

    • Schumpeter's idea encompasses more than single innovations, as he further explains how innovative thinking allows for a sustainable and long-term economic growth for societies that enable it.
  • Goal-Setting Theory

    • Providing feedback on short-term objectives helps to sustain an employee's motivation and commitment to a goal.
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