Responsible companies have come to recognize the importance of thinking more holistically about how to achieve sustainability – defined as the ability to meet the needs of the present without compromising the ability of future generations meet their own needs (WCED,1987).
Along with this evolution in thinking has come a realization that improving environmental quality can lead to a higher quality of life and to new products and markets that boost economic competitiveness. For many, sustainability is now the end goal, one that can assure a more secure future and that is naturally pursued through environmental stewardship.
At CERB, Environmental Stewardship is referred to ‘as the responsibility that companies and their boards need to understand and undertake to manage their impacts on the environment in any number of ways’.
The United Nations Sustainable Development Goals discuss environmental sustainability in five out of seventeen goals. Three of these have been selected by CERB for businesses to focus on through their operations in the country with a view to facilitating the private sector in making its contribution to Pakistan’s achievement of the SDG. Goal 9 focuses on building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation, Goal 12 focuses on ensuring sustainable production and consumption patterns, whilst Goal 13 urges countries to take urgent action to combat climate change and its impacts.