Sustainability is the ability to develop and maintain business processes, policies and relationships that are not harmful to the environment, the economy, or the quality of life - today and in the future. Sustainability has three sub-attributes:
- Economic Sustainability = The ability to support a defined level of economic production indefinitely. Focus on poverty, hunger, and health. In a business context this implies using assets efficiently and effectively to ensure continued profitability and re-use of raw materials.
- Environmental Sustainability = The ability to maintain rates of renewable resource harvest, pollution creation, and non-renewable resource depletion that can be continued indefinitely; Focus on the environment, natural resources, and energy. In a business context this implies reducing a companies environmental footprint, net energy consumption, and shortening supply, production and distribution networks.
- Social Sustainability = The ability to build and support healthy communities that support current and future generations; Focus on education, equality, peace, and justice. In a business context this implies enforcing basic human rights, labor rights and corporate governance.
The following metrics have been identified as strategic and diagnostic metrics for supply chain sustainability.
Compare Sustainability also to other performance Attributes: Adaptability, Asset Efficiency, Cost, Dependability, Responsiveness.
Community Importance Rating
|SD1||Environmental Sustainability Ratio||1||SD1|