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Sustainability
The long term maintenance of responsibility which had environmental, economic, and social dimensions
Sustainable development
Meets the needs of the present without compromising the ability of future generations to meet their own needs.
Triple Bottom Line
Social, Economic, Environmental (People, Planet, Profit)
Environmental Sustainability
Maintaining a healthy ecosystem by studying it, working within its capacity, and respecting its biodiversity.
Social Sustainability
Maintaining local and cultural identities to empower populations. Implementing equitable practices to help create a stable environment.
Economic Sustainability
Economic Development through responsible growth while still increasing productivity and efficiency
Gross Domestic Product (GDP)
The total monetary value of all finished goods within a country’s borders in a specific time period.
Decoupling
Disconnecting/separating two trends so that one no longer depends on the other e.g. economic growth and gas emissions.
Resource decoupling
Rate of use of a resource is decreased through greater efficiency.
Impact Decoupling
Impact on environment of use of a resource decreases even as the use of the resource increases
Environmental Regulations
Specific laws passed that regulate the environmental impacts of producing goods e.g CFCs - HFCs
Sustainability Reporting
A company report that focuses on four aspects of performance (economic, social, governance, environmental)
TBL Social Factors
Unemployment rate, female labour force participation, median household income, relative poverty.
Product stewardship
An environmental management strategy that means whoever designs, sells, or produces a product takes full responsibility for minimizing the product’s environmental impact.