Let's go through it in order: what is sustainable development?
The notion of sustainable development is now more than thirty years old. It was defined in 1987 by Norwegian Prime Minister Gro Harlem Brundtland as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.
In 1992, the United Nations formalised this notion of sustainable development during the Earth Summit in Rio, along with the predominance of three pillars (economic/environmental/social). It recognises the need for economically efficient, socially equitable and environmentally sustainable development.
However, it is evident that most companies do not apply these principles to sustainable development.