3 Ps Of SUSTAINABILITY: The Three Principles Of Sustainable Development
What are the 3 Ps of sustainability and why are they so important for your business?
In this video, we will explain the meaning of the 3 Ps of Sustainability: planet, profit and people. These are also known as ecological, economic and social sustainability.
Learn how the 3 principles of sustainability can be used as a model to future-proof a business and achieve sustainable development.
There are many advantages of pursuing sustainable development and not doing so can lead to serious problems for your organization down the line:
- Environmental issues can't be ignored any longer: climate change, loss of biodiversity, pollution and eventually depleting natural resources will sooner rather than later get back to bite your business!
- Access to credit: banks and investors are considering more and more ESG (environmental, social and governance) scores when deciding if they want to invest or give credit to a corporation.
- More green government regulations are likely to be implemented in the near future. You would be better of by being prepared in advance by adopting a more eco-friendly company strategy right now.
- Growing number of eco-friendly consumers. Being green will improve your brand's reach and reputation.
- Your employees, suppliers and local community are an asset to your business. Treat them fairly and take care of their development, in the medium-long run it will pay off greatly.
Learn more on our blog post:
https://sustainability-success.com/3-ps-of-sustainability-three-principles/
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