Definition of Sustainability
United Nations defines “sustainability as development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” It further adds that “sustainable development calls for corporates to recognizes that (while) corporate growth and profitability are important, it also requires the corporates to pursue societal goals, specifically those relating to sustainable development — environmental protection, social justice and equity, and economic development.”
Introduction
In the current COVID-19 pandemic that has engulfed the world’s sustainability itself, the concept of sustainable development carries high relevance as human society strives to survive. Every aspect of mankind social, political, economic has been thrown off balance. A new social order seems to be emerging with new rules for social interaction, conducting business, earning livelihood, education, skills that has led to the question of existent...
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Mitra, S., Priyadarshi, A. (2021). Effective Implementation of Sustainable Development by Corporates. In: Leal Filho, W., Azul, A.M., Brandli, L., Lange Salvia, A., Wall, T. (eds) Partnerships for the Goals. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71067-9_103-1
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