Assignment 1
Assignment 1
Assignment 1
Submitted to:-
Ar. Amod Sir
Submitted By:-
Prajakta Sushil Vaidya
• Define Sustainability, Sustainable
Development and Differentiate between
them.
Social Sustainability:
Social sustainability is the ability of society, or any social
system, to persistently achieve a good social well being.
Achieving social sustainability ensures that the social well
being of a country, an organisation, or a community can be
maintained in the long term.
Economic Sustainability:
Economic sustainability requires that a business or country uses
its resources efficiently and responsibly so that it can operate in
a sustainable manner to consistently produce an operational
profit. Without an operational profit a business cannot sustain
it’s activities. Without acting responsibly and using its resources
efficiently a company will not be able to sustain it’s activities in
the long term.
Environmental Sustainability:
It means that we are living within the means of our natural
resources. To live in true environmental sustainability, we need
to ensure that we are consuming our natural resources, such as
materials, energy fuels, land, water…etc, at a sustainable
rate. Some resources are more abundant than others and
therefore we need to consider material scarcity, the damage to
environment from extraction of these materials and if the
resource can be kept within Circular Economy principles.
4. Quality learning
Obtaining a quality education is the
foundation to improving people’s lives and
sustainable development. Targets for this
goal include the need for access to
university level education, vocational
training and entrepreneurial skills.