ANSWERS GRADED A+
◉ Sustainable Development. Answer: Meeting the needs of the present
without compromising the ability of future generations to meet their own
needs. It refers to the processes and pathways to achieve the long-term
goal of sustainability.
◉ Sustainable Consumption and Production (SCP). Answer: Doing
more and better with less by decoupling economic growth from
environmental degradation. It involves production/use that is socially
beneficial, economically viable, and environmentally benign.
◉ The Three Pillars of Sustainability. Answer: 1. Environmental (Planet
well-being), 2. Social (People/Equality), and 3. Economic
(Profitability/Growth).
◉ Environmental Sustainability. Answer: Focuses on the well-being of
the planet, preserving and restoring the environment, improving
water/air quality, and reducing greenhouse gas (GHG) emissions.
◉ Social Sustainability. Answer: Focuses on equality, individual rights,
health and safety, environmental justice, and access to healthy food, air,
and water.
, ◉ Economic Sustainability. Answer: Focuses on protecting the
environment by limiting risks through improved profitability, cost-
benefit analysis, and creating jobs/growth.
◉ UN Sustainable Development Goals (SDGs). Answer: The 2030
Agenda comprising 17 high-level objectives (e.g., No Poverty, Climate
Action, Responsible Consumption) used to appraise projects/companies.
◉ Challenges to Sustainability. Answer: Includes corporate greed, fossil
fuel subsidies, high implementation costs, lack of knowledge/awareness,
market failure (hidden environmental costs), and population growth.
◉ External Drivers of Sustainability. Answer: Pressures from outside the
organization, including social pressure (NGOs, media), regulatory
pressure (government laws), and market pressure (competitors,
customers).
◉ Internal Drivers of Sustainability. Answer: Factors inside the
organization, including corporate strategy, resource depletion,
organizational culture, cost savings (efficiency), and position in the
supply chain.
◉ Economies of Scale (Traditional View). Answer: A production pattern
focused on cost minimization where producing more allows selling for
cheaper, often encouraging unsustainable consumption (e.g., 'buy one
get one free').