Sustainable development, or the concept of economic development that meets the needs of the present without compromising the needs of future generations, came into being following an initiative taken by the United Nations (UN) in the 1980s.
At the time the UN was seeking to address concerns about the deterioration of the human environment and natural resources. The scope of the term ‘sustainable development’ has always integrated the objectives of economic development, social development and environmental protection.
Find out in this article how investors can contribute to sustainable and responsible development.