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LOCOMeX's AI-Powered ESG &u00a0Sustainability Management Software is the best tool to manage the firm's ESG & Sustainability Goals. Visit Us https://locomexgroup.com/
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locomexgroup.com 3 E’s of Sustainability
Explaining Sustainability is often a challenge. It has many different definitions and can be defined differently by different people. Its modern concept was set out by the publication in 1987 of ‘Our Common Future’ by a United Nations commission which studied the issues for nearly three years. Over the past few decades, it is the three E’s have emerged as the foundational pillars of sustainability. locomexgroup.com
3 E’s of Sustainability 1. Environment 2. Economy 3. Social Equity locomexgroup.com
Environment Environment perhaps is the word that comes across our mind when we hear the term Sustainability. Being environmentally sustainable does not necessarily mean having no impact on nature. For instance, think about food systems. It is impossible to feed the entire world without having a significant impact on local environments. In this context Being environmentally sustainable refers to the way acting in a way that sustains soil fertility, water quality and availability, air quality, etc, and at the same time reduces our carbon footprint to avoid long-term climate changes. Speaker locomexgroup.com
Economy The Economy term in Sustainability refers to whether the business is economically sustainable. It needs to generate enough money to provide a good quality of life now, and to ensure this will continue into the future. locomexgroup.com
Social Equity Recently Social Equity is becoming a more important topic in Sustainability. Specific certifications like Fair Trade have been introduced to address this. This is basically about ensuring that the communities involved in activities have an equitable share of the value created. locomexgroup.com
AI-Powered ESG & Sustainability Management Software The AI-Powered ESG and Sustainability Management Software from LOCOMeX is a tool that helps to assess, report and manage a business’s impact on the environment and its ESG & Sustainability Goals. locomexgroup.com
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