Module 1 - Introduction To Sustainable Development
Module 1 - Introduction To Sustainable Development
Module 1 - Introduction To Sustainable Development
Introduction to Sustainable
Sustainable Development
Development Phùng Thanh Bình ([email protected])
"Sustainable development is
development that meets the needs of
the present without compromising the
ability of future generations to meet
their own needs." Sustainability and Circular Economy (Coursera)
Balanced Approach
The argument is that sustainability can only be
achieved when all three pillars are balanced
and rejects the notion that achievement in one
pillar can be accomplished by sacrificing either
of the other two.
Therefore, sustainable development envisions the four basic goals of a good society:
• Economic prosperity
• Social integration and cohesion
• Sustainable environment
• Good governance by major social actors, including governments and businesses
Sustainability and Sustainable Development
Sustainable?
If "sustainability" is maintaining the current
level over time ...
2000-2015
Contributions?
Why did we
change from
MDGs to SDGs?
Critiques of MDGs
Lack of Ambition
Not being ambitious enough to be effective levers for progress;
being too simple and focusing on poverty.
Analytical Gaps
Lacking solid analytical reasons to choose these particular
objectives and leave others out.
Implementation Issues
Being 'goals without means'; being generated in a non-
transparent way; not aligning with human rights.
17 Sustainable Development Goals (SDGs)
Which
society we
are now
living?
Do you
like such a
society?
What is the Balanced Society?
Societal Triangulation Model
Give examples of
S goods or services
that should be
provided by these
stakeholders?
• We need to do together.
Wicked problems: Rob (2018, 36), Rob & Eveline (2022, 158; 181-188)! Week 5 | video 1 | Wicked problems
Societal Triangulation Model
Solve negative
externalities
States
Collective action (S) Generate positive
externalities
Generate positive 2S
externalities
Generate positive
Solve negative 3SM 3S 3SC externalities
externalities
4SMC 4SCM Solve negative
externalities
4MSC 4CSM
3MS 4 3CS
Example 4CMS Example
3MS: Generate 3M 3C
4MCS 4CSM: Collective
positive 2M action; civil society
2C
externality; Market 3MC 3CM Civil Society is primary, state is
market is primary, (M) secondary, market
state is secondary. (C)
is tertiary.
PnPP
Societal Triangulation Model
SDGs Classification
Implementation Measurement
SDGs guide national policies, while ESG is SDGs use 169 targets and 231 indicators,
applied at the corporate level for while ESG uses various company
investors. reporting standards.
Audience
SDGs are for a wide range of stakeholders, while ESG is primarily for investors, companies,
and financial institutions.
WHAT ELSE?
CSR vs ESG
Focus and Scope Integration into Business Strategy
• ESG: Focuses on specific factors related to • ESG: Integrated into the core business strategy and
environmental impact, social responsibility, and operations of a company; long-term value creation and
corporate governance. risk management.
• CSR: Encompasses broader corporate initiatives and • CSR: Often considered as an add-on or supplementary
activities that contribute to societal goals, environmental to a company's core business activities.
stewardship, and community welfare.
• CSR: Generally guided by voluntary commitments and industry standards rather than mandatory regulatory requirements.
Green, Inclusive, and Sustainable Growth
Coursera: 1) Sustainability and the circular economy; 2) Business models for sustainability.
Important Sources for Learning
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Important Sources for Learning
Coursera