lecture 12 eae

UNs sustainable development goals

1) No Poverty

2) Zero Hunger

3) Good Health and Well-Being

4) Quality Education

5) Gender Equality

6) Clean water and sanitation

7) Affordable and clean energy

8) Decent work and economic growth

9) Industry, Innovation

10. Reduced Inequalities

11. Sustainable Cities

12. Responsible Consumption

13. Climate Action

14. Life Below Water

15. Life on Land

16. Peace & Justice

17. Partnerships for the Goals:

Environmental challenges in GCC

• Climate change/air pollution

• Fossil Fuels Depletion

• Water Depletion

• Water Pollution

• Materials Depletion/Land contamination

Impacts of Pollution on Health

Qatar’s National Vision 2030

aims to turn the country into an advanced country by 2030, capable of sustaining its own development and providing a high standard of living for its population and future generations

• Human Development

• Social Development

• Economic Development

• Environmental Development

Problems for Sustainable Development

• Living with environmental limits

• Ensuring a strong healthy and just society

• Achieving a sustainable economy

Sustainable development

•has been defined in many ways, but the most frequently quoted definition is from Our Common Future, also known as the Brundtland Report.

The concept of needs and The idea of limitations

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It contains within it two key concepts:

• ___________

• ___________

Social responsibility

• Does the firm provide a safe working environment, with appropriate compensation and benefits?

• Does the firm avoid child labor, forced labor or discrimination in hiring or promotion?

• Does the firm make a positive contribution to the communities in which it is located?

Environmental Stewardship

• Can the firm avoid depleting resources, prevent pollution, or otherwise reduce its ecological footprint?

• How is the product able to be reused, recycled or ultimately disposed of? Can the total cost of ownership be reduced?

Economic Viability

• Is the firm profitable?

• Can the firm be expected to grow and prosper, providing returns to investors?

Benefits of Adoption to Sustainability Practices

• Environmental Benefits

• Societal Benefits

Economic Benefits of Adoption to Sustainability Practices

Value chain

Expansion Strategy

•Expansion of product stewardship programmes

•Competitive advantage: being at the forefront of development

•Reduce costs: Increased operational and resource efficiency

•Improve public reputation, image and general relations to stakeholders

•Enhance product innovation: development and design of new products

•Increased brand value (‘sustainable’ products)

Market requirements

•Increased market share: advantages to ‘first movers’ on sustainability issues

•Ability to focus on sustainability and go beyond the production fence; e.g.

•Supply chain management (supplier evaluation)

•Communication in the value chain

•Environmental product declarations

Financial sector requirements

•Increase shareholder value, to get a ‘Dow Jones Sustainability Index’

•Less risky business with decreased liabilities resulting in lower insurance rates and reduced fines

New regulations or legislative demands

•Anticipate future legislative demands, e.g. ‘Take back legislation’

•Joining eco-labeling schemes and green public procurement programmes

•Joining corporate social responsibility programmes