BIC: Two minutes to understand sustainable development

BIC Group Official
17 Jul 201503:50

Summary

TLDRThe video script delves into the concept of sustainable development, emerging in the late 1980s to address global social and environmental challenges. It emphasizes the need for development that meets present needs without compromising future generations' ability to meet theirs. Sustainable development is the intersection of economic growth, social equity, and environmental protection. Companies can achieve this by adopting eco-friendly practices, improving employee well-being, and creating accessible products, ultimately leading to sustainable success.

Takeaways

  • 🌱 The concept of sustainable development emerged in the late 1980s as a response to escalating social and environmental issues globally.
  • 🌐 It addresses concerns like the widening inequality gap between rich and poor countries due to globalization.
  • 📈 The script highlights the challenges of feeding a growing global population projected to reach nine billion by 2050.
  • 💧 It emphasizes the need for access to clean drinking water, healthcare, and education for everyone, globally.
  • 🌳 Sustainable development calls for the protection of biodiversity and concrete actions against climate change.
  • 🔄 The term 'sustainable development' was officially defined in 1987, emphasizing the balance between meeting present needs without compromising the future.
  • 🏭 It suggests a new model of development that respects nature and humankind, combining economic goals with social responsibility and environmental protection.
  • 💼 The script argues that companies can indeed integrate environmental respect, social equity, and commercial success.
  • 🚀 Sustainable development can create value for companies by upgrading production tools to be more efficient and cost-effective.
  • 🛍️ Eco-design products and responsible packaging not only benefit the environment but also reduce material and shipping costs.
  • 👥 Investing in employees by improving work quality and skills leads to stronger engagement and better company performance.
  • 🌍 Creating products accessible to the world's poorest populations can open new markets, especially in regions with the fastest-growing populations.
  • 🔍 Monitoring supplier and subcontractor working conditions helps minimize risks and protect a company's image.
  • 🏆 The script concludes that companies embracing sustainable development not only fulfill their responsibilities but also ensure their long-term success.

Q & A

  • What is the concept of sustainable development?

    -Sustainable development is a model of progress that meets the needs of the present without compromising the ability of future generations to meet their own needs. It emerged in the late 1980s as a response to growing social and environmental issues.

  • What were the social and environmental problems that led to the concept of sustainable development?

    -The concept arose in response to issues such as globalization, widening inequality between rich and poor countries, alarming population growth projections, and the need for access to clean water, healthcare, education, biodiversity protection, and action against climate change.

  • When was the term 'sustainable development' officially defined?

    -The term 'sustainable development' was officially defined in 1987 as part of the preparations for the Rio Earth Summit.

  • What does sustainable development aim to achieve at the intersection of economic goals, social responsibility, and environmental protection?

    -Sustainable development aims to achieve growth with respect to nature and humankind, ensuring that economic progress, social equity, and environmental protection are all considered and balanced.

  • How can a company combine respect for the environment, social equity, and commercial success?

    -A company can achieve this by upgrading production tools to use less energy and water, offering eco-design products, improving employee quality of life and skills, creating accessible products for the world's poorest populations, and monitoring supplier and subcontractor working conditions.

  • What is the significance of upgrading production tools to use less energy and water in the context of sustainable development?

    -Upgrading production tools to use less energy and water is beneficial for both the environment and the company's financial health, as it reduces costs and contributes to sustainability.

  • Why is offering eco-design products and packaging that use just what's necessary important for sustainable development?

    -Eco-design products and minimalist packaging save materials, reduce shipping costs, and minimize waste, aligning with the principles of sustainable development.

  • How does improving the quality of life at work and helping employees develop their skills contribute to sustainable development?

    -Improving employee quality of life and skills strengthens their engagement, leading to better overall company performance, which is a key aspect of sustainable development.

  • What does it mean for products to be accessible to the world's poorest populations in terms of sustainable development?

    -Creating products that are accessible to the poorest populations opens new markets, particularly in regions expected to experience the fastest population growth, thus contributing to social equity and economic growth.

  • Why is monitoring the working conditions of suppliers and subcontractors important for a company's sustainable development efforts?

    -Monitoring working conditions minimizes risks that could damage the company's image and ensures that the company's supply chain adheres to social and environmental standards, supporting sustainable development.

  • What is the long-term benefit for companies that integrate sustainable development practices?

    -Companies that integrate sustainable development practices create value and ensure their success is sustainable, as they address economic, social, and environmental responsibilities effectively.

Outlines

00:00

🌱 Sustainable Development: The Concept and Its Importance

The script introduces the concept of sustainable development, which emerged in the late 1980s as a response to escalating global social and environmental issues. It addresses the challenges of globalization, such as increasing inequality and alarming population growth projections. The script highlights the question of how to provide for the needs of a growing population while protecting the environment and biodiversity, and combating climate change. The solution proposed is a new model of development that is sustainable, ensuring that the needs of the present are met without compromising the ability of future generations to meet their own needs. This development model is defined as one that respects economic goals, social responsibility, and environmental protection.

Mindmap

Keywords

💡Sustainable Development

Sustainable development is a concept that emerged in the late 1980s as a response to growing social and environmental issues. It is officially defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. In the context of the video, sustainable development is presented as a solution to global challenges such as inequality, population growth, and environmental degradation. It is depicted as a model that can be achieved by balancing economic growth with social responsibility and environmental protection.

💡Globalization

Globalization refers to the process of increased interconnectedness and interdependence among countries, which has economic, social, and environmental implications. In the video, globalization is mentioned as a backdrop to the widening inequality gap between rich and poor countries, suggesting that while it brings economic benefits, it also contributes to social disparities that sustainable development aims to address.

💡Inequality

Inequality is the unequal distribution of resources, opportunities, and outcomes among different groups within a society or between different societies. The script mentions the inequality gap between rich and poor countries as a growing problem exacerbated by globalization. Sustainable development seeks to address this inequality by promoting a more equitable distribution of resources and opportunities.

💡Population Growth

Population growth refers to the increase in the number of people in a given area over time. The video raises concerns about how to feed a projected nine billion people by 2050, highlighting the challenges that population growth poses to food security and resource allocation. Sustainable development is presented as a way to manage these challenges by promoting sustainable agricultural practices and resource management.

💡Clean Drinking Water

Clean drinking water is a basic human need and a critical resource for health and well-being. The script discusses the challenge of providing access to clean drinking water for everyone, which is a key aspect of sustainable development. Ensuring access to clean water is part of the broader goal of improving living standards and promoting health equity.

💡Health Care

Health care is the organized provision of medical services to individuals or communities through various health professionals and allied health fields. The video script emphasizes the importance of offering access to health care as part of sustainable development, indicating that a healthy population is essential for a sustainable society.

💡Education

Education is the process of acquiring knowledge, skills, values, and habits. In the context of the video, education is mentioned as a critical component of sustainable development, suggesting that an educated population is better equipped to contribute to and benefit from sustainable practices and innovations.

💡Biodiversity

Biodiversity refers to the variety of life on Earth, including the variety within species, between species, and of ecosystems. The script calls for the protection of biodiversity as part of sustainable development, highlighting the importance of preserving natural habitats and species to maintain ecological balance and support human well-being.

💡Climate Change

Climate change refers to long-term shifts in temperatures and weather patterns, primarily as a result of human activities such as the burning of fossil fuels. The video discusses the need for concrete action against climate change, positioning sustainable development as a strategy to mitigate the impacts of climate change and promote environmental sustainability.

💡Industrial Development

Industrial development refers to the growth and expansion of industries, which can drive economic progress but also has environmental and social implications. The script suggests that sustainable development can ensure that industrial development leads to progress for everyone by integrating economic growth with environmental stewardship and social equity.

💡Eco-Design

Eco-design, also known as environmental design, is the process of creating products or services with a focus on reducing their environmental impact throughout their life cycle. In the video, eco-design is mentioned as a way for companies to combine respect for the environment with commercial success by producing products and packaging that use only what is necessary, thereby saving materials and reducing costs.

💡Employee Engagement

Employee engagement refers to the extent to which employees are committed to their work and motivated to contribute to the success of their organization. The script suggests that by paying attention to employees' quality of life at work and helping them develop their skills, companies can strengthen employee engagement, which in turn leads to better overall performance and is a part of sustainable development.

💡Social Equity

Social equity is the concept of fairness and justice in the distribution of resources and opportunities within a society. The video script implies that sustainable development involves social equity by ensuring that the benefits of development are accessible to all, including the world's poorest populations, which is essential for creating a more inclusive and sustainable society.

💡Commercial Success

Commercial success refers to the achievement of profitable outcomes in business activities. The video posits that sustainable development can lead to commercial success by creating value through various means, such as upgrading production tools to be more efficient, offering eco-friendly products, and monitoring the working conditions of suppliers, which can lead to cost savings and new market opportunities.

Highlights

Sustainable development emerged in the late 1980s to address growing social and environmental issues.

Globalization has led to a widening inequality gap between rich and poor countries.

Population growth projections are alarming, with 9 billion people expected by 2050.

Sustainable development aims to provide access to basic needs like clean water, healthcare, and education for everyone.

The concept of sustainable development seeks to protect biodiversity and combat climate change.

Industrial development should mean progress for everyone, ensuring equitable growth.

Sustainable development was officially defined in 1987, emphasizing the balance between present and future needs.

Growth must be accomplished with respect to nature and humankind, integrating economic, social, and environmental aspects.

Sustainable development can be achieved through a combination of eco-friendly practices and social equity.

Upgrading production tools to be more efficient can benefit both the environment and the company's finances.

Eco-design products and packaging reduce material use and shipping costs, contributing to sustainability.

Improving employee quality of life and skill development can enhance engagement and company performance.

Creating products accessible to the world's poorest populations opens new markets and drives growth.

Monitoring supplier and subcontractor working conditions minimizes risks to a company's image.

Sustainable development has a broad impact, influencing economic, social, and environmental responsibilities.

Companies that embrace sustainable development can find long-term success and create value.

Sustainable development is a commitment to making a difference in the world through responsible practices.

Transcripts

play00:08

sustainable development everybody's

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talking about it

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but what do those two words really mean

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let's take a couple of minutes to see

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what sustainable development is all

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about the idea first emerged in the late

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1980s as a response to the world's

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growing social and environmental

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problems with globalization the

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inequality gap between rich and poor

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countries is widening everyday and the

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projections for population growth are

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alarming how are we going to feed a

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total of nine billion people in 2050

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how can we offer everyone access to

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clean drinking water health care

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education how can we protect

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biodiversity and take concrete action

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against climate change how can we make

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sure that industrial development means

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progress for everyone the proposed

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solution was a new kind of development

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or rather a variation of the traditional

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model called quite simply sustainable

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development the term was officially

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defined in 1987 as part of the

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preparations for the Rio Earth Summit

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sustainable development is development

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that meets the needs of the present

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without compromising the ability of

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future generations to meet their own

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needs does that sound a little abstract

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to you let's put it this way

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sustainable development means that

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growth must be accomplished with respect

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the nature and humankind and where is

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sustainability achieved right here at

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the crossroads of economic goals social

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responsibility and environmental

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protection now are you wondering whether

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a company can combine respect for the

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environment the social equity and

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commercial success well the answer is

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yes not only that but sustainable

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development creates value here's how

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upgrading production tools to use less

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energy and water is good for the

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environment and

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for the pocket-book offering eco-design

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products and packaging that use just

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what's necessary saves materials and

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reduces shipping costs paying attention

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to employees improving their quality of

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life at work and helping them develop

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their skills all serve to strengthen

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their engagement and stronger employee

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engagement means better overall

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performance creating products that are

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accessible to the world's poorest

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populations means opening new markets

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the ones whose populations are going to

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grow the fastest between now and 2050

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monitoring the working conditions

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offered by suppliers and subcontractors

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means minimizing risks that could damage

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the company's image

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as you can see sustainable development

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affects just about everything more and

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more companies today understand that

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they have important economic social and

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environmental responsibilities and are

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committed to making a difference the

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ones that seize this opportunity to

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create value will find that their

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success is in a word sustainable

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you

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you

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Related Tags
Sustainable DevelopmentSocial EquityEnvironmental ProtectionEconomic GrowthGlobal ChallengesEco-DesignEmployee EngagementCorporate ResponsibilityResource EfficiencyFuture GenerationsInclusive Markets