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For businesses, achieving environmental sustainability requires the reduction of corporate energy consumption and practices that pollute the environment.
Achieving sustainability requires changing the way in which we operate to reduce the need for energy consumption, as well as the utilisation of alternative methods and practices.
These changed practises will bring about reduced energy use with a goal to address environmental and social issues, while producing less carbon dioxide and materials that are not sustainable to our environment, creating a platform for businesses to launch Corporate Social Responsibility within their organisation.
Businesses are increasingly incorporating Corporate Social Responsibility (CSR) into the work place. CSR encompasses sustainability strategies within all practises and forward thinking of an organisation.
Corporate Social Responsibility companies include in their economic business strategies environmental and social strategies. These strategies are over and above the businesses legal requirements.
This enables reporting on three levels.
Reporting upon economic, environment and social also know as triple bottom line reporting.
The three "bottom lines" are:
- Economic: The economic aspect of triple bottom line reporting is a way of describing the overall financial impact that the organisation has on its entire environment. That is, it looks beyond the internal profit generated within the organisation itself.
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Environmental: An environmentally sustainable system must maintain a stable base of renewable resources. This includes biodiversity, atmospheric stability and other ecosystem functions not ordinarily classed as economic issues.
- Social: Social responsibility is needed to achieve and maintain personal health, through means of physical, mental and psychological activities. These include:
- Gaining opportunities for meaningful employment.
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Improving knowledge and understanding of the world around us.
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Finding opportunities to express creativity within the workplace and home, whilst creating a sense of belonging through active participation.
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