Since the 1980’s there has been a global movement towards sustainability and sustainable development – as countries and governments have realised that economic development at the cost of destroying the planet’s natural resources and social equity does not lead to long-lasting prosperity.
The sustainability movement is based on the premise that the development of these 3 aspects:
- the economy
- the environment
- and society
– needs to be balanced, in order for us to find lasting prosperity for future generations on our planet. Sustainability therefore incorporates the idea that we balance the meeting of our own needs without compromising the ability of future generations to meet their own needs.
The sustainability movement has been increasing in momentum over the past number of years - both on a global scale and in South Africa. There have been many positive developments recently – such as the global adoption of the 17 Sustainable Development Goals (UN Agenda 2030), and the Paris Agreement on Climate Change (both of which South Africa is a party to). These international conferences and agreements have underpinned many of the policies and legislation that the South African government has implemented, including proposed legislation in the pipeline. However, in real terms there is still a very long way to go – particularly in relation to what business organisations are doing in regard to sustainable development.
If you would like to get a better understanding of sustainable development and how you could take your business forward in a more competitive way, feel free to contact us for professional advice.