Sustainability (IB)

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Triple Bottom-line Sustainability

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15 Terms

1

Triple Bottom-line Sustainability

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

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2

Decoupling

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

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3

Sustainability Reporting

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

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4

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.

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5

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.

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6

Consumer Attitudes

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

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7

Eco-labeling

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

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8

Energy-labeling

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

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9

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.

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10

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.

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11

Lifestyle Consumerism

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

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12

Green Design

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

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13

Sustainable Strategies

Top down, bottom up

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14

Energy Security

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

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15

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.

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