Environmental sustainability is the responsibility to conserve natural resources and protect global ecosystems to support health and wellbeing, now and in the future.
Successful organisations recognise the benefit of building sustainability principles into their business strategy and operations. Sustainability involves such aspects as setting clear targets and measuring progress towards them, maximising operational efficiency, developing opportunities for further economic and environmental benefits, and achieving the buy-in and recognition from stakeholders.
Corporate sustainability practices typically fall under the umbrella of ESG, or environment, social, and governance practices. Corporations implement ESG in order to reduce their environmental footprint or to accomplish other objectives of benefit to society.
Sustainability has three main pillars: economic, environmental, and social. These three pillars are informally referred to as people, planet, and profits.
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