PROs and CONs of Sustainable Development: Which One Wins?


 
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PROs and CONs of Sustainable Development: Which One Wins?
Anneke Zwart, Student (University), Netherlands, Moderator
Sustainable Development (SD) is often seen as something that can be harmful for an organization at first sight. There are several reasons for this (disadvantages of sustainable development).
1. Organizations that want to achieve SD are responsible not only for economic issues, but also toward society and the environment. In other words, organizations’ requirements increase by the additional social and environmental responsibilities. Many organizations find it difficult to deal with these additional requirements, at least on the short term.
2. Because privilege is being given to the society’s and stakeholders’ desires, the benefits to the direct shareholders decrease on the short term. As a result, such SD is seen as something that negatively affects an organization’s profits on the short term.

However, these threats in no way exceed the advantages of sustainable development, or the disadvantages of not adopting SD, according to Nejati, Sha...Sign up
 

 
Advantages and Disadvantages of Sustainable Development
cheryl yamazaki, Business Consultant, Australia, Member
Totally agree Anneke.
When organizations understand the long term benefits, they embrace change at...Sign up
 

 



















 


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