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Definition of Sustainability Business

Business sustainability is often defined as managing the triple bottom line – a process by which companies manage their financial, social and environmental risks, obligations and opportunities. These three impacts are sometimes referred to as profits, people and planet.

Sustainability in more general terms, is the endurance of systems and processes. The organizing principle for sustainability is sustainable development, which includes the four interconnected domains: ecology, economics, politics and culture. https://www.kpu.ca/sustainability

Sustainability has been a hot topic over the last three decades, although always at a very abstract and scientific level, disconnected from the concerns of the common citizen.

Despite the various analyses being made by academics worldwide, most conclusions are still not considered as being part of the genesis of economic development.

The Sustainable Organization Index (SORG)  is an attempt to bring this sustainability to the heart of all economic analyses and decisions. It makes it easy for anyone to understand how sustainable an organization really is, anywhere, regardless of the organizations location, size and purpose. Furthermore, it allows for an easy analysis and comparison of any organization, according to criteria that are tightly linked to sustainability.

The fact is, we still think about sustainability, development, climate change and profit as being entirely independent. Actually, most people see sustainability as a cost, or even something they will have to consider only to look good, for the sake of stakeholders. This perception needs to change: Sustainability should be at the core of any economic decision, resulting in the assurance that future costs are always included when analyzing current profits.

Sustainability should be considered at genesis of any organization – business, non-profit, NGOs, government, any type or size of organization. The SORG index is a simple and accessible way to measure it.

Further details:

BOOK: The Sustainable Organisation – a paradigm for a fairer society: Think about sustainability in an age of technological progress and rising inequality

VIDEO INTERVIEW

Miguel Reynolds Brandão Entrepreneur; Business Developer; Investor; Author; Mentor

Profile: https://www.linkedin.com/in/miguelreynolds

Facebook: https://www.facebook.com/thesustainableorganisation/

Details about the book: www.TheSustainableOrganisation.com

Amazon: http://amzn.com/1512206164

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