The Ethics Of The Doctrine Of Sustainable Development

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Introduction Sustainable development according to the Brundtland's report is, “To meet the needs of present without compromising the ability of future generations to meet their own needs”. According to The World Conservation Strategy report (1980), by the International Union for the Conservation of Nature and Natural Resources (IUCN), for development to be sustainable it must take into account the social and economic factors as well as the ecological ones. With the ever growing economies and the need and greed for more, the doctrine of Sustainable Development becomes the most relevant principle in today's times. The doctrine of Sustainable Development has most commonly been defined as development that meets the needs of the present, without …show more content…

The two pillars of the doctrine of Sustainable Development are Polluter Pays principle and Precautionary principle. India being a growing economy has seen rampant industrialisation and development in recent past, which resulted in adverse impact on the environment. Witnessing such degradation, the Supreme Court of India in a bid to protect the environment, played a significant role in shaping and adopting the doctrine of Sustainable Development. The ethics of sustainable development, its moral motivation, begins from ecological ethics, but it’s much more complex. Protecting the environment is an absolutely necessary aspect, but not sufficient, for there may be a healthy and clean natural environment where people could live in poorness or not at all. And ecological ethics can be centered on certain disadvantaged or endangered species or on threatened natural area, whilst the sustainable development ethics refers firstly to people. Though initially sustainable development was confused mostly to environmental protection against industrial pollution, the concept embraced very quickly new aspects with respect to social ethics. Sustainable development has a social solidarity dimension – it has raised the issue that the …show more content…

When it comes to business, TBL suggests some reporting on the three dimensions to be done, therefore data about the stakeholders and the impact on the environment are added to the financial reporting, designed to offer a clearer and more real picture of the situation, thus making it possible, in conditions of maximum transparency, the managerial decision knowingly, based on a cost-benefit analysis, and the information of the interested public. Regarding the human dimension, TBL refers to all the stakeholders of an organization (employees, clients, collaborators, community members, etc.), and at the society level we can talk about all its members. Nevertheless, do not forget that the cost-benefit economic analysis cannot be generalized, certain values, as life and human health, cannot be morally evaluated in financial terms and it cannot be weighed, in counterbalancing with this kind of terms. Another vision about sustainable development – SAEJAS (Socially And Environmentally Just And Sustainable) considers that “the goal of Sustainable development may be analyzed into three

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