Sustainability / 8.1 /
Sustainable Development
Sustainability / 8.1 /
Sustainable Development
Sustainable development is concerned with satisfying human needs for resources now and in the future without compromising the carrying capacity of the planet. Designers utilize design approaches that support sustainable development across a variety of contexts. A holistic and systematic approach is needed at all stages of design development to satisfy all stakeholders. In order to develop sustainable products, designers must balance aesthetic, cost, social, cultural, energy, material, health and usability considerations.
The theory of the triple bottom line suggests that business success is no longer defined by monetary gain but also by the impact an organisation’s activities have on society as a whole - Environmental (Planet), Economic (Profit) and Social (People). Using resources more productively and redesigning production, it is often possible to deliver the same or equivalent goods and services with lower environmental impact while maintaining social and equality benefits.
The people, social, or human capital bottom line pertains to fair and beneficial business practices toward labour and the community and region in which a corporation conducts its business. A TBL business would not use child labour (and monitor all contracted companies for child labour exploitation), would pay fair salaries to its workers, would maintain a safe work environment and tolerable working hours, and would not otherwise exploit a community or its labour force. A TBL business also typically seeks to "give back" by contributing to the strength and growth of its community with such things as health care and education.
Measurable markers for the level of social sustainability could be:
Unemployment rate.
Female labour force participation rate.
Median household income.
Relative poverty.
% of the population with higher education.
Average commute time.
Violent crime rate per capita.
Life expectancy rate.
People
Planet
Environmental sustainability focuses on the viability and normal functioning of natural systems potentially affected by a business. A TBL business would ensure minimal impact on air and water quality, reduce its energy consumption to a minimum, use natural resources responsibly, manage hazardous waste carefully (and produce as little as possible) and use and cover land responsibly.
Measurable markers for the level of environmental sustainability could be:
Sulfur dioxide and nitrogen oxide concentrations
Fossil fuel consumption
Electrical consumption
In a sustainability framework, the profit needs to be seen as the real economic benefit enjoyed by the host society. It is the real economic impact the organization has on its economic environment, and not just the economic benefit to the company or organisation. This section is often confused to be limited to the internal profit made by a company or organization.
Economic progress is often evaluated in terms of wealth - measured in a society's ability to pay for goods and services consumed. Thus, many governments' economic policies typically seek to enhance income and induce more efficient production and consumption of goods and services.
“Trickle down economics” or “trickle down theory” is the economic political argument that the increases in wealth of the rich are good for the poor because some of the additional wealth will eventually trickle down to the middle class and poor. Does this fit within the TBL sustainable development theory?
Measurable markers for the level of economic sustainability could be:
Distribution of income levels and purchasing power
Growth of employment opportunities.
Tax contributions.
Competition levels.
Contribution to GDP.
Profit
Decoupling refers to the ability of an economy to grow without increasing the pressure on the environment. An economy that is able to sustain GDP growth without having a negative impact on environmental conditions, is said to be decoupled.
There are two types of decoupling:
Resource Decoupling: Using resources more efficiently, so we can spread the use of our finite resources over a longer time frame. - what examples can you think of?
Impact Decoupling: Using processes that leave a smaller “footprint” on the ecosystem, so that our building, production and manufacturing do not harm the environment they are in. We need a healthy ecosystem for our own long-term survival. - what examples can you think of?
International and national laws encourage companies to focus on something other than value and financial performance. Adopting a corporate strategy that has the support of shareholders/stakeholders can be difficult to achieve. International and national laws encourage companies to focus on aspects other than shareholder value and financial performance. International treaties that introduce laws aim to push companies and corporations to publish and be transparent about their corporate sustainability, stability assurance, and whether businesses, public services, national resources and the economy have the means to continue in the years ahead from a micro to a macro level.
The most well-know global conferences that have produced international treaties to ensure a sustainable future are the COPs. COP stands for the 'conference of the parties' to the United Nations climate convention.
Trade blocks such as the European Union and the ASEAN Free Trade Area often are the best enforcers of treaties, by keeping countries to their promises.
A sustainability report is a company report that focuses on four aspects of performance. Sustainability reporting is a vital step towards achieving a sustainable global economy as it makes companies goals visible and accountable. The four areas covered in a report are: Economic, Environmental, Social, Governance.
The reliability and acceptance of sustainability reporting requires accurate data gathering to be maintained over a lengthy period of time to inform all parties involved.
Benefits to Governments
Can be used by governments to assess the impact and contribution of the businesses to the economy and to understand which issues are being tackled. It creates transparency; can help markets function more efficiently and indicate the health of the economy. Help drive progress by pushing all organisations towards smart, sustainable and inclusive growth.
Benefits to Manufacturers
Organisations can use reporting to inform their risk analysis strategies and boost their business model. A growing number of companies see sustainability reporting as a means to drive greater innovation their businesses and products, to create competitive advantage in the market. It can also reduce their compliance costs paid to the government.
Benefits to Consumers
It builds trust. It reveals the company’s contribution to a green economy. Consumers want to know whether a company is performing in a globally responsible manner: water use, waste management, labour practices, health and safety etc. it can also provide the consumer with greater innovation of products and design, thus providing more choice.
Product stewardship is an environmental management strategy that means whoever designs, processes, sells, or uses a product takes full responsibility for minimising the environmental impact throughout all stages of the product’s life cycle, including end-of-life management. Stewardship organizations are those that are dedicated to managing and protecting resources for the benefit of future generations. They can be focused on a variety of causes, including environmental stewardship, financial stewardship, and social stewardship. Stewardship organizations are often created by particular industrial sectors or as (non-)governmental organizations (NGOs). Here are some examples of stewardship organizations:
Environmental:
Forest Stewardship Council (FSC): Sets standards for responsible forest management.
Programme for the Endorsement of Forest Certification (PEFC): Promotes sustainable forest management through independent certification.
Marine Stewardship Council (MSC): Sets standards for sustainable fishing.
Rainforest Alliance: Works to conserve biodiversity and promote sustainable agriculture.
Global Reporting Initiative (GRI): Provides standards for sustainability reporting.
Social:
Fairtrade International: Sets standards for fair trade.
Social Accountability International (SAI): Sets standards for ethical and responsible workplaces.
Sustainable Apparel Coalition (SAC): Sets standards for sustainable apparel production.
Ethical Trading Initiative (ETI): Promotes ethical trade through education and training.
Fair Labor Association (FLA): Monitors and promotes labor standards in the global supply chain.
Financial:
Sustainability Accounting Standards Board (SASB): Sets standards for sustainability disclosure.
International Sustainability Standards Board (ISSB): Develops and approves IFRS Sustainability Disclosure Standards.
Climate Disclosure Standards Board (CDSB): Sets standards for climate-related disclosure.
Task Force on Climate-Related Financial Disclosures (TCFD): Provides a framework for climate-related financial disclosures.