“What we need is a new model of growth that emphasizes sustainability.”
—Thomas L. Friedman, internationally renowned author, reporter, and columnist
The three primary elements of sustainability are people, planet, and profit, often referred to as “the triple bottom line.” These pillars represent interconnected dimensions of sustainable development.
The focus on people emphasizes fair business practices, employee rights, community well-being, and social equity. This pillar involves creating healthier, more livable communities and ensuring equal opportunities.
The focus on our planet involves minimizing negative environmental impact by reducing waste, using resources efficiently, protecting biodiversity, and adopting green technologies. The goal is to meet current needs without compromising future generations’ ability to meet their own needs.
The focus on profit ensures financial stability and growth while considering environmental and social costs. This pillar involves responsible resource management, transparent accounting, and creating long-term economic value.
EXERCISE:
In what ways do and can you apply the “triple bottom line” like a tripod to create a more stable and sustainable world now and for many generations to come?