9.5 Sustainability as part of strategy

Question 1

Adrian Henriques (2004) suggested that if we view sustainability as an intrinsic part of organisational strategic thinking, then there are three different perspectives to consider:
1 E___________ sustainability - do the figures add up?
2 S______ sustainability - who is impacted?
3 E__________ sustainability - how are we impacting the viability of our environment?

Answer 1

Economical
Social
Environmental

Question 2

How does “responsibility” differ from “sustainability”?

Answer 2

Responsibility is our ability to impact others, while sustainability is our impact to both ourselves and others.

Question 3

Incorporation of sustainability into the overall strategic thinking of an organisation will bring four key benefits:
1 Business p________ - reduction of risk
2 Business o________ - better awareness of direct and indirect costs
3 Business g____ - considering greater range of opportunities
4 Business r_________ - being know for a sustainable approach

Answer 3

protection
operation
growth
reputation