Chapter 3 Environmental Sustainability PDF

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CleanestAgate7942

Uploaded by CleanestAgate7942

Chloe Everett-Brown

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environmental sustainability environmental economics globalization natural resources

Summary

This chapter introduces the concept of environmental sustainability, highlighting the need to meet current environmental demands without compromising future generations. It discusses the unsustainable rate at which modern economies consume natural resources and proposes solutions to preserve the world's natural capital.

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CHAPTER 3 The Impact of C Environmental Sustainability hl o Assessment criterion and indicative content L3M5/6 2.1 Describe the impact of environmental sustainability...

CHAPTER 3 The Impact of C Environmental Sustainability hl o Assessment criterion and indicative content L3M5/6 2.1 Describe the impact of environmental sustainability e Globalisation vs. green logistics Public awareness External pressure on organisations Ev International legislation and agreements Section headings er 1 Introduction to environmental sustainability 2 Globalisation versus green logistics 3 Public awareness and external pressures e 4 International legislation and agreements tt- 1 Introduction to environmental sustainability 1.1 The nature of environmental sustainability Br Environmental sustainability refers to a state or condition in which the demands on the environment can be met today without compromising the ability of future generations to live well too. Some economists have argued that the modern economy is consuming natural resources ow at an unsustainable rate. One such ‘ecological economist’, Herman E Daly, has written for example: ‘There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.’ Daly (1990) proposed that in order to preserve the world’s natural capital, the following requirements should be met. n For renewable resources (such as crops, fishing stocks, trees), the rate of harvesting should not exceed the rate of regeneration, and harvesting yields should therefore be sustainable. Rates of pollution should be sustainable. The rate at which waste is generated should not exceed the rate at which the natural environment is able to absorb it. This is sustainable waste disposal. 31 Socially Responsible Procurement, Warehousing and Distribution C hl o e Ev er e tt- Br ow n 42

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