A Research about Sustainable Development Goals (SDG) by UN or by the

National Economic Development Authority (NEDA) and by the Davao Regional

ASSUMPTION COLLEGE OF DAVAO

ACCOUNTANCY, BUSINESS AND MANAGEMENT STRAND

SUBMITTED BY:

Aclon, Johannah Lou

Cadangan, Nelly Jane

Cruz, Princess

Pascual, Gwyneth

Sario, Jhonrald

SUBMITTED TO:

Mr. Alvin Montecillo

Ms. Dianara Rosete

Mr. Marcel Salaguste

Sustainable Development

Sustainable development refers to a method of development that fulfills current

requirements without worrying about the consequences it could have on future

generations. This approach requires balancing technological and socioeconomic

progress with the conservation of natural resources and ecosystems (Das & Halder,

2024). The method aims to harmonize economic expansion alongside social justice,

sound environmental management and growth, ensuring the resources and

environment are protected when addressing human goals such as poverty and

education.

Key Principles

The key principles of sustainable development are intergenerational equity

(sustaining resources for future generations), environmental stewardship, social

inclusion, and economic viability. It focuses on minimizing environmental degradation,

enhancing social justice, and ensuring equitable distribution of development benefits to

all communities.These principles emphasize balance, innovation, transparency, and

long-term orientation (Grytsan et al., 2024).

Businesses Integrating Sustainability into their Operations

Sustainable practices can be employed by minimizing waste and shifting to

renewable energy sources, as well as using an ethical supply chain and practicing

corporate social responsibility. Businesses and organizations may also develop

strategies within global standards such as the Sustainable Development Goals (SDGs)

frameworks. While challenges exist, the integration of sustainability into business

models presents opportunities for innovation and long-term competitiveness,

demonstrating that profitability and environmental responsibility can coexist in modern

commerce strategies (Ramesh, 2023)

Successful Examples of Sustainable Development Projects or Initiatives

The goal of sustainable development initiatives is to satisfy current demands

without endangering the capacity of future generations to satisfy their own. These

programs frequently seek to strike a balance between social, economic, and

environmental objectives. Long-term profitability, community involvement, and

renewable resources are often combined in successful cases. Abu Dhabi's Masdar

City, which is being built as a zero-carbon, zero-waste urban community using

renewable energy sources, serves as one example (Elgendy, 2024).

Sustainable Development Intersects with issues like Poverty Alleviation and

Social Justice

By encouraging economic growth that benefits everyone, especially vulnerable

people, and guaranteeing access to resources and opportunities, sustainable

development and poverty alleviation are intertwined. By resolving disparities, promoting

equitable treatment, and guaranteeing that everyone has the right to a healthy
environment and a respectable standard of living, it also supports social justice.

Sustainable development seeks to establish systems that benefit underprivileged

populations while protecting resources for future generations by combining

environmental, social, and economic objectives (Netswera et al., 2020).

Economic Implications of Transitioning to a more Sustainable Model of

Development

By encouraging green technology, lowering resource depletion, and fostering the

establishment of new businesses, shifting to a more sustainable form of development

can result in long-term economic progress. Short-term expenses associated with the

change could include retraining employees for new businesses and funding

infrastructure for renewable energy. All things considered, the shift may promote the

creation of jobs, strengthen resilience to climate-related shocks, and improve public

health, all of which would contribute to a more stable economy in the future (Ferroukhi

et al., 2016).
References:

Das, A., & Halder, T. (2024). A systematic review of education as a pathway to

achieving sustainable development. Asian Journal of Education and Social

Studies, 50(10), 207–218.https://doi.or

Elgendy, K. (2024, December 6). Masdar City: Where sustainability is written in

the sand. RIBA Journal. https://www.ribaj.com/buildings/masdar-city-

sustainability-net-zero-carbon g/10.9734/ajess/2024/v50i101613

Ferroukhi, R., Lopez-Peña, A., Kieffer, G., Nagpal, D., Hawila, D., Khalid, A., El-

Katiri, L., Vinci, S., Fernandez, A., & International Renewable Energy Agency.

(2016). Renewable Energy Benefits: Measuring the Economics. In Renewable

Energy Benefits: Measuring The Economics. https://www.irena.org

Grytsan, Y. I., Budko, O. V., Voloshenko, L. A., & Kramarenko, Y. V. (2024).

Conceptual principles of management of sustainable development of an

66–74. https://doi.org/10.31319/2709-2879.2024iss2(9).318970pp66-74

Netswera, G., Josie, J., Mthembu, P., Phaahla, E., & Makukule, I. (2020). Social

justice, sustainable development and quality of life. Idk, 22, 75–94.

https://doi.org/10.38116/rtm22art4

Ramesh, S. (2023). Sustainable business practices: Integrating environmental impact

management into modern commerce strategies. Journal of Environmental Impact

and Management Policy, 4(1), 22–26. https://doi.org/10.55529/jeimp.41.22.26