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Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. [2] [1] Sustainability usually has three dimensions (or pillars): environmental, economic, and social. [1] Many definitions emphasize the environmental dimension.
Scholars usually distinguish three different areas of sustainability. These are the environmental, the social, and the economic. Several terms are in use for this concept. Authors may speak of three pillars, dimensions, components, aspects, [35] perspectives, factors, or goals. All mean the same thing in this context. [28]
The phrase, "people, planet, and profit" to describe the triple bottom line and the goal of sustainability, was coined by John Elkington in 1994 while at SustainAbility, [3] [9] and was later used as the title of the Anglo-Dutch oil company Shell's first sustainability report in 1997. As a result, one country in which the 3P concept took deep ...
English: Left, typical representation of sustainability as three intersecting circles. Right, alternative depictions: literal ‘pillars’ and a concentric circles approach Right, alternative depictions: literal ‘pillars’ and a concentric circles approach
Under the three ESG pillars (Environment, Social and Governance), MSCI breaks down companies based on 10 themes. For environmental, these are climate change, environmental opportunities, natural ...
A diagram indicating the relationship between the three pillars of sustainability, suggesting that both economy and society are constrained by environmental limits [26] Other inadequacies of the paradigm include the difficulties in measuring savings rates and the inherent problems in quantifying the many different attributes and functions of ...
Environmental initiatives are being rolled out across the industry, as brands seek to reduce their carbon footprint and appeal to conscious consumers. But a number of leaders in this space are ...
Three circles enclosed within one another showing how both economy and society are subsets of our planetary ecological system. This view is useful for correcting the misconception, sometimes drawn from the previous "three pillars" diagram, that portions of social and economic systems can exist independently from the environment.