UNIT 3 ( 3 PILLARS OF SUSTAINABILITY)

Economical (profit)

Requires that a business or country uses its resources efficiently and responsibly to ensure that they can sustain their activities long term In order to continue to be viable, a business must make a profit - earn more money than it spends

Social (people)

The ability of society to continuously achieve a high level of 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 (planet)

Ensuring that we consume our natural resources, such as materials, energy fuels, land, water, etc. at a sustainable rate Must consider material scarcity, damage to environment from extraction, etc.

Sustainable Development

Is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.