Impact Of Environmental Sustainability

Register to read the introduction… Sustainability is only possible if all of society, government, and business collaborate to create a revelation of globalization that stresses on quality of life, and human commonality. “The effect of global warming is very evident in the world; climate is becoming less stable at an increasing rate. This will mean unprecedented phenomena of natural disasters, directly resulting in major insurance losses, famines and refugees” (Portney, 2003). Our reliance on fossil fuels for power generation and transportation and the resulting emission of greenhouse gases is heating up our atmosphere and making our climate unstable. The intensity and occurrence of severe weather events is increasing, and the associated worldwide economic losses are estimated to be US $150 billion in the next decade (Baldasano, Valera and E. Jimenez. 2003). Usage of water is also stressed, water is used for most tasks and it is often procured unsustainably. Severe water shortages will likely lower standard of living and public health for many of the world’s people. “It will lead to food shortages due to decreased agricultural production, damaged aquatic ecosystems, and the disappearance of estuaries. Building more water storage capacity not only poses a threat to regional peace; it is also a huge draw …show more content…
Inefficient use of resources, poor choices, and depletion of our natural environment is a burden on the economy and businesses. Clean air and water support our health, productive land and ecosystems support our economy, and environmental industries provide new jobs (Eden, 1996). A healthy environment means healthy communities. A clean and safe environment is vital for our physical health and wellbeing. Environmental sustainability delivers economic and social benefits. By adopting more appropriate measures of economic success, we can demonstrate that it is possible to protect the environment whilst increasing economic growth and jobs. Businesses practicing sustainability principles perform well financially. Over the last decade businesses on the Dow Jones Sustainability Index have often outperformed those listed on the more general Dow Jones Global Index (Knoepfel, 2001). More efficient use of resources makes sounds financial sense. By cutting costs and freeing up wealth we can invest more