nature's ability to provide resources and life-support services.
•
In this perspective, sustainable development means improving
the quality of human life while living within the carrying capacity of supporting ecosystems».
Sustainable development is a normative concept that
embodies standards of judgment and behaviour to be respected
as the human community 'the society' seeks to satisfy its needs
of survival and well-being [1; 8].
Among the many ways this concept has been defined, the
simplest and most fundamental is: «the ability to sustain» or,
put another way, «the capacity to endure». To endure socially, it
is necessary to transform the markets — «both how we produce
and consume, and the very ways in which we define and measure value and progress» [1; 8]. This is a big challenge, and not
just for business and economics. It is a call for massive social,
political, technological, cultural and behavioral transition.
fossil fuels;
Environmental and social issues as well as corporate
governance are meant by sustainability. And it is impossible to
ignore these issues because they positively correlate with future
long-term returns.
Let's consider the environmental and social issues in international business first. Determinants of population ageing are among the most important problems to learn. Substant
widespread population ageing is a process known as the «demographic transition» in which mortality and fertility decline on the regular basis. The report [9] involves the illustration of global trends in population ageing and provides us with a range of figures of the ageing process. The report clearly
demonstrates that:
•population ageing is unprecedented, without parallel
in human history — and the twenty-first century will
witness even more rapid ageing than did the century
just past;