Environmental protection and sustainability in business as well as safety are key corporate goals for us. With our systems and technologies, we help industries all over the world to remove contaminants from the air and water, which then improves safety in production processes as a result. Naturally these values are also the guiding principle of corporate activities within our company. It sets out 17 environmental, economic and social goals, which all UN member states are encouraged to meet. In this age of globalisation, industrial enterprises also have a major responsibility for the protection of the climate and the environment.
Economic growth vs. environmental protection
Industrial environmental protection and sustainability
The Environmental Kuznets Curve hypothesis says pollute first; clean up later, but the validity of the EKC hypothesis has been seriously questioned. While teaching courses on environment and sustainability to management students, I find it interesting as to how frequently and how strongly a view emerges that India, at its current stage of development, should ignore environmental costs for the sake of meeting its development goals. This view appears to be consistent with the larger public opinion in India. When the World Values Survey—conducted across more than 80 countries—reported its findings from India in , about half the people interviewed agreed that we should focus on economic growth even if it comes at the expense of the environment, whereas a little over a third of the respondents indicated a preference for environmental protection over economic growth.
Economic Development Vs Environmental Protection
The ability of economies to maintain themselves when resources decline or become too expensive and when populations dependent on those resources are increasing. A process by which environment is used and managed to supply people on a long term basis while maintaining ecological processes, preserving genetic diversity and utilising ecosystems and species without destroying them. The global economy depends on the natural environment as a source of resources and a sink for emissions. The ability of the natural environment to fulfill this role determines how far population can increase and the economy expand. The relationship between these two types of sustainability is the key issue you need to be able to discuss.
The present serious environmental problems are largely caused by rapid economic development. For example, land resource are shrinking because of industrial environment and the expansion of cites. We excessively exploit nature and ecology, which is threading future generation.