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WELCOME NATURAL RESOURCE MANAGEMENT & SUSTAINABLE DEVELOPMENT: Some Observations

WELCOME NATURAL RESOURCE MANAGEMENT & SUSTAINABLE DEVELOPMENT: Some Observations. Prof. Ranjan Kumar Bal. SUSTAINABLE DEVELOPMENT. Meets the needs of present generation without compromising the ability of future generations Minimum environmental impact

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WELCOME NATURAL RESOURCE MANAGEMENT & SUSTAINABLE DEVELOPMENT: Some Observations

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  1. WELCOMENATURAL RESOURCE MANAGEMENT & SUSTAINABLE DEVELOPMENT: Some Observations Prof. Ranjan Kumar Bal

  2. SUSTAINABLE DEVELOPMENT • Meets the needs of present generation without compromising the ability of future generations • Minimum environmental impact • Maximum value addition for Customers/Society

  3. NATURAL RESOURCES MANAGEMENT • Environmental Resources Management: Climate Change – Natural Hazards • Air Resources Management • Water Resources Management • Wildlife Management • Forestry • Soil Conservation India is 7 times behind China.

  4. NATURAL RESOURCES MANAGEMENT – Cont. • Efficient & Effective Deployment: Cost-Benefit Analysis • Planning, Controlling & Managing to achieve 100% resource utilisation • Match: Demand Vs. Supply INCLUSIVE GROWTH

  5. 21ST CENTURY • Trust -Transparency Gap • Information provided Vs. Information needs of Stakeholders / Society. • Trust-me Culture • Tell-me Culture • Show-me Culture Osama Bin Laden wanted to become a manager !!

  6. Research Findings: KPMG study:On “Measuring Performance of the Organizations of the Future” FINDING:“Over-reliance on summary financial performance measures (Viz. ROI) was hindering an organization’s abilities to create future economic value.” More Natural Resources = Less Economic Development

  7. RESEARCH FINDINGS • McKinsey & Co: 400 Firms “The environmental challenge is one of the central issues of the 21st century.” • World Economic Forum: 650 Executives “Environment is the most important challenge affecting business.”

  8. Social Economic Triple Bottom Line Environmental

  9. TBL or Sustainability • Framework for measuring performance • Single bottom line to Triple bottom line • Shareholder-oriented accounting to Stakeholder-oriented accounting • 3 Ps: Profit, Planet & People

  10. SOCIAL BOTTOM LINE • Organisation’s impact on society • Public health & Community Dev. • Skill & Education • Social justice & Human Rights • Trust, Integrity & Teamwork • Labour practices • Product Responsibility

  11. ENVIRONMENTAL BOTTOM LINE • Efficient use of natural resources • Efficient environmental mgt. • Renewable natural capital DISASTER MANAGERS

  12. ECONOMIC BOTTOM LINE • Economic profitability • Employment generation • Market creation • Financial capital & Physical capital

  13. WHY SUSTAINABILITY ? • Growth of Environmentalism • Climate Change & Natural Hazards • Relationship with Communities

  14. SUSTAINABLE ENTERPRISE • Makes resource-efficient products • Minimum environmental impact • Maximum value to stakeholders • Adding value to society.

  15. Sustainability :Challenges • Management & maintenance of economic, natural, socialcapital • Create “win-win”situation: Social & Environment friendly Climate Change – Natural Resources – Inclusive Growth

  16. CHANGE Change is the only constant in to-day’s world. “VasudheibaKutumbakam.” INNOVATIVE STRATEGY Awareness & Education

  17. “Earth provides enough to satisfy everyone’s needs, but not everyman’s greed.” -GANDHIJI Self Discipline

  18. Writings on the Wall: “ACT NOW or GET READY TO BE A PART OF HISTORY.” THANK ‘U’

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