SUBMITTED TO: SUBMITTED BY: MR.UDIT PANDEY DIVYA PANT MBA(integrated)
2 June 2014 1
DEFINITION
The United Nations World Commission on Environment and Development (WCED) in its 1987 report Our Common Future defines sustainable development: "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Under the principles of the United Nations Charter the Millennium Declaration identified principles and treaties on sustainable development, including economic development, social development and environmental protection. sustainable development is a systems approach to growth and development and to manage natural, produced, and social capital for the welfare of their own and future generations 2 June 2014 2 Sustainable development is presented as a more or less clean break from other modes of development, which have led and are still leading to worrying social and ecological damage on both a worldwide and a local scale.
Development must combine three main elements: 1.fairness, 2.protection of the environment, and 3.economic efficiency.
A sustainable development project must be based on a better-developed mode of consultation between the community and the members it comprises 2 June 2014 3 HISTORY
1. The think tank known as the Club of Rome, created in 1968, advocated zero growth. This group unites scientists, economists, national and international civil servants, and industrialists from 53 countries. (a) It considers the complex problems that face all societies, whether industrialized or developing. (b) In 1971, this private international association sounded an urgent alarm by publishing The Limits to Growth. 2. The United Nations Conference on the Human Environment in Stockholm in 1972 gave birth to the first true notion of sustainable development, which was called eco development 3. In the 1980s, when the general public became aware of acid rain, the hole in the ozone layer, and the greenhouse effect, etc. 4. In 1980, the International Union for the Conservation of Nature (IUCN) published its world conservation strategy 2 June 2014 4 In the Gro Harlem Brundtland report 'Our common future', published in 1987.
(a) As the Prime Minister of Norway and the chair of the World Commission on Environment and Development (WCED) at the time, she aimed to clarify this concept of sustainable development as development that fulfils the needs of the present without compromising the ability of future generations to fulfil theirs. The concept of sustainable development is based on a set of requirements. It must allow the basic needs of present and future generations to be fulfilled with regard to demographic constraints, such as: 1. access to water, 2. education, 3. health, 4. employment, and 5. the fight against hunger or malnutrition. 6. Another aim of this type of development is to improve quality of life, which involves easier access to medical care, social services, culture, and therefore also social well-being 2 June 2014 5 Sustainable Development can be defined with four principles 1. Eliminate contribution to systematic increases in concentrations of substances from the earths crust.
2. Eliminate contribution to systematic increases in concentrations of substances produced by society. 3. Eliminate contribution to the systematic physical degradation of nature through over-harvesting, introductions and other forms of modification. 4. Contribute as much as we can to the meeting of human needs in our society and worldwide. 2 June 2014 6 To achieve the aims of Sustainable Development three basic variables are available:
organizational structure,
formal management instruments(management schemes)
organizational culture.(demands of stakeholders) 2 June 2014 7 Business Strategies for Sustainable Development .In literature, five basic types of strategies for Sustainable Development are evident
Introverted
Extroverted
Conservative
Visionary
Transformative 2 June 2014 8 2 June 2014 9 Standards
1.Reach regulations The new European REACH regulations came into force on 1st June 2007. REACH stands for Registration, Evaluation and Authorisation of Chemicals 2.The ISO 26000 standard
Published on 1st November 2010, this is an international standard which is by definition for voluntary application and which gives the main guidelines concerning social responsibility with regard to sustainable development. 3.The management of WEEE and RoHS
The management of WEEE and RoHS corresponds to two European directives. D3E (2002/96/EC) deals with the framework for the management of waste electrical and electronic equipment in Europe. 2 June 2014 10 Sustainable development The responsibilities
The responsibility of companies Sustainable development covers three dimensions: economic, social, and environmental. Social responsibility is the contribution made by organisations to sustainable development. 1st November 2010, the first international standard concerning social responsibility, ISO 26000, was published.
Its aim is to give guidelines to organisations, taking into account the existing references for general operation, management systems, and reporting 2 June 2014 11 1.The most broadly accepted criterion for corporate sustainability constitutes a firms efficient use of natural capital. This eco-efficiency is usually calculated as the economic value added by a firm in relation to its aggregated ecological impact.
This idea has been popularised by the World Business Council for Sustainable Development (WBCSD) under the following definition:
A. "Eco-efficiency is achieved by the delivery of competitively priced goods and services that satisfy human needs and bring quality of life, while progressively reducing ecological impacts and resource intensity throughout the life-cycle to a level at least in line with the earths carrying capacity.
B. Socio-efficiency ] describes the relation between a firm's value added and its social impact. 2 June 2014 12 Major challenges Climate change, energy consumption, waste production, threats to public health, poverty, social exclusion, management of natural resources, loss of biodiversity, land use 2 June 2014 13 2 June 2014 14 JOB DESCRIPTION OF A BANK MANAGER 2 June 2014 15
1.Qualificatios A bank's branch manager is ultimately responsible for the success of their branch. They hire, council and sometimes terminate staff members