- June 11, 2017
- Posted by: admin
Sustainable development is “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” (Brundtland Commission report Our Common Future 1987). Sustainability is about ensuring long term business success while contributing towards economic and social development, a healthy environment and a stable society. Put succinctly, sustainability is anchored in 3Ps i.e. Planet, People and Profit. Sustainability is creation of value for a wide range of stakeholders, including shareholders, employees, customers, suppliers, communities and Government, with particular consideration for the needs of future generation.
In organizations, sustainability encompasses four dimensions:
- Financial sustainability
- Economic sustainability
- Environmental sustainability
- Social sustainability.
Financial stability of an organization and its clients, to ensure they make long term contribution to development.
Economic sustainability. The impact an organization has to the greater economy, beyond that of the organization itself (beyond profits)
Environmental sustainability through protection of natural resources. The environment is not a respecter of:
- Geographical boundaries.
- Administrative boundaries.
- Generational boundaries.
Social sustainability through welfare of communities as well as staff.
Premier Group offers the following Sustainability consultancy services.
- Organizations that do not have in house function or sustainability expertise can outsource their Sustainability and or Environmental function to us.