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Profit is not a reason for being in business
One of the most profound statements of our time was made by The President of the World Business Council for Sustainable Development Bjorn Stigson, "Business cannot survive in societies that fail." Currently society is failing many of it's citizens. 2006 Nobel Peace Prize winner Muhammad Yunus says in his excellent book ‘Creating a world without poverty', "Half of the world's population lives on two dollars a day. Over one billion people live on less than a dollar a day."

How Corporate Social Responsibility (CSR) can have the opposite effect to what is intended
The global social and environmental issues we face appear more serious and more intractable than ever. At the same time, more and more businesses are falling over themselves in attempts to persuade us that they are green and responsible. How can this be?

Corporate leadership in global development
Poverty continues to be one of the main challenges facing the countries that will be home to 85% of the world's population in the decades to come. Today some 2.7 billion people worldwide continue to subsist on less than US$2 per day. The challenge facing the global community is to eradicate extreme poverty and to foster broad based economic development that benefits all while preserving the world’s ecosystems. Business is a core human activity, and it has a key role to play in bringing about sustainable development.

What can business and governments do to promote SMEs?
Poverty remains a major challenge to sustainable development, environmental security, global stability and a truly global market. The key to poverty alleviation is economic growth that is inclusive and reaches the majority of people. Improving the performance and sustainability of local entrepreneurs and small and medium enterprises (SMEs), which represent the backbone of global economic activity, can help achieve this type of growth.

Other world business council for sustainable development Related Articles

Sustainable Business Change Begins With First Beliefs and then Attitudes
Sustainable change is becoming a "hot" business word. Entrepreneurs are realizing that change must be sustainable. Maybe you might identify with these two stories and begin to accept that sustainable change begins first and foremost with your beliefs.

Corporate leadership in global development
Poverty continues to be one of the main challenges facing the countries that will be home to 85% of the world's population in the decades to come. Today some 2.7 billion people worldwide continue to subsist on less than US$2 per day. The challenge facing the global community is to eradicate extreme poverty and to foster broad based economic development that benefits all while preserving the world’s ecosystems. Business is a core human activity, and it has a key role to play in bringing about sustainable development.

Fiscal Dimensions of Sustainable Development
The achievement of sustainable development—combining economic development, social development, and environmental protection—is a key challenge facing the international community. To this end, progress will be needed in a number of different policy areas, with the right mix of policies varying from country to country.

Introduction: Fiscal Dimensions of Sustainable Development
One of the challenges facing the international community is to achieve sustainable development. Sustainable development has three pillars— economic development, social development, and environmental protection.

Moving Forward: Developing Countries
There are many economic, social, and environmental challenges along the path to sustainable development, and there is no panacea to address them all. Rather, accelerated development will require progress in multiple policy areas, with the right policy mix and focus varying from country to country. Countries may also need to make difficult choices regarding trade-offs between competing policy objectives. Achieving more sustainable development will thus require a concerted effort from developing countries, the international community, and the international financial institutions.

Sustainable Business Development - Benefiting your Community
Sustainable Business Development was popularized just over 22 years ago by a report put out by the Brundtland Commission. The world economy was growing and throughout the late 60’s and into the 80’s world development advanced rapidly with little regard to the environment and the Brundtland Commission, which came out of the United Nations World Commission on Environment and Development, characterized ‘sustainable development’ as: “Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” As a business leader and entrepreneur, we can benefit from the agenda established as a result of these United Nation Conferences in order to combat Poverty, Change Unsustainable Patterns of Consumption and Protect Bio-Diversity and Natural Resources.

What is the Definition of a Green Home?
The term green home is being used more and more often in the residential building industry, but what does it really mean. According to the Green Building Council of Australia a green house is "a high performing home that is energy and water efficient, has good indoor air quality, uses environmentally sustainable materials and also uses the building site in a sustainable manner".

Examples of Sustainable Development
Sustainable development was coined in 1987 by the Bruntland Commission where they defined it as, 'development that meets the needs of the present without compromising the ability of future generations to meet their own needs'. Since then, sustainable development theory has been greatly expanded and these ideas have been utilised around the world. The need for development to become more sustainable is important, as many of the planet's ecosystems are degraded.

Sustainability Driven Innovation
Sustainable innovations are creating new business models, opening up new markets and providing competitive advantages. Sustainable innovation is also improving profitability. Companies around the world are demonstrating how innovative sustainable practices are bettering their bottom line. A focus on sustainability is enabling organisations to innovate, differentiate themselves and succeed. Although sustainable practices were once dismissed for being too costly, increasing numbers of companies are coming to the realization that sustainable innovations are a gateway to growth. Visionary business leaders who anticipate the winds of change and creatively develop sustainable products and processes will thrive in the rapidly changing economic landscape.

Profit is not a reason for being in business
One of the most profound statements of our time was made by The President of the World Business Council for Sustainable Development Bjorn Stigson, "Business cannot survive in societies that fail." Currently society is failing many of it's citizens. 2006 Nobel Peace Prize winner Muhammad Yunus says in his excellent book ‘Creating a world without poverty', "Half of the world's population lives on two dollars a day. Over one billion people live on less than a dollar a day."

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