Sustainability (IB)

Triple Bottom-line Sustainability

Triple Bottom-line Sustainability

An expanded spectrum of values and criteria for measuring organizational success: economic, environmental and social.

Decoupling

Decoupling refers to disconnecting two trends so that one no longer depends on the other.

Sustainability Reporting

A company report that focusses on four aspects of performance: Economic; Environmental; Social; and Governance.

Product Stewardship

Everyone involved in making, selling, buying or handling equipment (products) takes responsibility for minimizing environmental impact of the equipment at all stages in the life cycle.

Sustainable Consumption

The consumption of goods and services that have minimal environmental impact, promote social equity and economically viable, whilst meeting basic human needs worldwide.

Consumer Attitudes

Eco-warriors, Eco-champions, Eco-fans, Eco-phobes

Eco-labeling

The labelling of products to demonstrate that they are better for the environment than other products.

Energy-labeling

The labelling of products to show how energy efficient they are.

Pressure Groups

Collections of individuals who hold a similar viewpoint on a particular topic, for example the environment, who take action to promote positive change to meet their goals.

Ethical Consumerism

The practice of consciously purchasing products and services produced in a way that minimizes social and environmental damage, while avoiding those that have a negative impact on society and the environment.

Lifestyle Consumerism

A social and economic order and ideology that encourages the acquisition of goods and services in ever greater amounts.

Green Design

Designing in a way that takes account of the environmental impact of the product throughout its life

Sustainable Strategies

Top down, bottom up

Energy Security

How energy security can be influenced by energy demand/supply trends and forecasting, demand response versus energy efficiency, and smart grids

Energy Demand

Rarely constant and this puts a responsibility on those that generate and manage the flow of energy to understand when peaks and troughs of energy use occur over the course of days, weeks and years.