1. Sustainability

2. Sustainability Sustainability it concerned with adopting production
methods so that resources can be used now, but can
also be used by future generations.

3. Examples of sustainable practices
Sustainable practices include:
recycling
minimising waste production
replacing resources where possible e.g. replanting trees used in paper manufacture
using renewable resources where possible instead of non-renewable resources
minimising pollution and carbon footprint

4. Purpose of sustainable practice
Reasons for adopting sustainable practices include:
Improved reputation
Ability to attract customers and investors who value such practice
Cost reductions – if fewer materials are being wasted for instance

5. Costs of sustainable practice
Some costs may increase e.g. paying workers fairly in supplier countries (although this may be outweighed by the cost reduction of other sustainable methods)

6. Government intervention
Government intervention to encourage sustainability
includes:
Taxation e.g. Landfill Tax, excise duty on fuel, congestion charging
Fines for excess pollution
Provision of information to firms and consumers