Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs….The concept of sustainable development was introduced in early 1980’s (in particular through the publication of the World Conservation Strategy by IUCN, UNEP and WWF, 1980), in order to reconcile conservation and development objectives.
Sustainable development consists of a long-term, integrated approach to developing and achieving a healthy community by jointly addressing economic, environmental, and social issues, whilst avoiding the over consumption of key natural resources.
The 3 pillars of sustainable development is
Social development, economic development,environmental protection.
Economic Development
It requires that a business or country uses its resources efficiently and responsibly so that it can operate in a sustainable manner to consistently produce an operational profit.
Social Sustainability Social sustainability is the ability of society, or any social system, to persistently achieve a good social well being. Achieving social sustainability ensures that the social well being of a country, an organisation, or a community can be maintained in the long term.
Environmental Sustainability Environmental sustainability means that we are living within the means of our natural resources.To live in true environmental sustainability, we need to ensure that we are consuming our natural resources, such as materials, energy fuels, land, water…etc, at a sustainable rate. Some resources are more abundant than others and therefore we need to consider material scarcity, the damage to environment from extraction of these materials and if the resource can be kept within Circular Economy principles.
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