Posts

Environmental Pillar

Image
The environment has attracted the most attention since it is the most important piece of the human system, which is made up of social and economic systems. Environmental sustainability is the responsibility to conserve natural resources and protect global ecosystems to support health and wellbeing, now and in the future. Because so many decisions that impact the environment are not felt immediately, a key element of environmental sustainability is its forward-looking nature. Hence, businesses should focus on reducing their total detrimental effect on the environment to create a truly prosperous and sustainable environment for all living forms (sphera, 2020) .   Focusing on United Nations Sustainable Development Goals                ENVIRONMENTAL ENGAGEMENT BY SRILANKAN AIRLINES     “An airline dedicated to preserve the nature for future” SLA as a responsible corporate entity, which established its environmental initiatives in 2009 with a ‘Planet Friendly SriLankan’ moto, ha

Economic Pillar

Image
Economic sustainability refers to practices that support the long-term economic development of a company while protecting ecological, social, and cultural elements. Economic sustainability involves making sure that the business makes a profit, but companies cannot earn profits at the expense of worker exploitation or irresponsible and criminal exploitation of the environment. Thus, to be economically sustainable, businesses must effectively allocate and equitably distribute resources and ensure that overall business operations do not result in social or environmental concerns that jeopardize the company's long-term success.   Focusing on United Nations Sustainable Development Goals  SRILANKAN AIRLINES FINANCIAL VIABILITY   SriLankan Airlines believes that they have the inherent potential of turning around as a profitable enterprise with a vision of taking the airline to new heights, playing a key role in the Nation’s development. Despite recent economic challenges, identif

Sustainability and Three-Pillar Model

Image
A THOUGHT ON SUSTAINABILITY Today's executives deal with a complex and unprecedented filter of social, environmental, market, and technological trends, which require sophisticated, sustainability-based management (Whelan & Fink, 2016) . Sustainability is all about meeting the current needs without compromising the ability of future generations to meet their own needs (Garren & Brinkmann, 2018) . When people hear the word “sustainable”, the first thing that comes to mind is usually the environment. Despite popular belief, environmental conservation is not the only concept of sustainability. Indeed, the environment is only one of the three pillars of sustainability, which also include society and the economy.  UNDERSTANDING THE THREE-PILLAR MODEL The ‘Three-Pillar Model’ of sustainability is an approach to promote sustainable trading by developing and managing social, environmental and economic factors for the betterment of the company and future generations (Beattie, 2021) .

USA vs Haiti

Image
       Undernutrition includes: wasting, stunting and underweight.   When comparing the two countries, United States of America comes out on top with an overall global hunger score of less than 2.5, which is considered as really low. Even still, one out of every six American children may be uncertain where their next meal would come from. This is mostly due to the country's uneven distribution of food.   The US federal government, various government agencies, and non-profit groups have largely been able to overcome this condition and feed the entire population with healthy food equitably thanks to better technology, strong economic power, and significantly larger availability of resources and infrastructure.   Haiti, on the other hand, is a developing country with a less developed industrial base and a lower human development index when compared to other nations. Unlike America, Haiti is suffering from a severe case of hunger. Even though the Haitian government has made v