Sustainable economy: Definition
An ideal and sustainable economy seeks to maximise general well-being while minimising resource consumption and environmental harm. Achieving true sustainability requires that the demand for natural resources (ecological footprint) remains below nature’s renewable supply (biocapacity).
Related Terms
Circular economy
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Sustainable Procurement
Sustainable procurement involves the integration of Corporate Social Responsibility (CSR) principles into a company's procurement processes and decisions…
Sustainable Development Goals
The Sustainable Development Goals (SDGs), also referred to as the Global Goals, consist of seventeen interconnected targets crafted…
ACCC
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ASIC
The Australian Securities and Investments Commission (ASIC) serves as Australia's unified regulator for corporate affairs, financial markets, financial…