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

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

Development Plan 2023-2028.

ASSUMPTION COLLEGE OF DAVAO

ACCOUNTANCY, BUSINESS AND MANAGEMENT STRAND

SUBMITTED BY:

Bautista, Hazel

Encarnacion, Mechaella

De Jesus, Devine Angel

Maduay, Hervin Jay

Maylas, Jerald

Necesario, Justine Ane

SUBMITTED TO:

Mr. Alvin Montecillo

Ms. Dianara Rosete

Mr. Marcel Salaguste

APRIL 2025
Sustainable Development

In a recent study of Mahanayak B. (2024) where he stated that sustainable

development is a holistic approach that balances economic, social, and

environmental needs to meet present demands without compromising future

generations' ability to meet their own. In other words, sustainable development is the

action taken in conserving our environment in order for it to combat climate change,

biodiversity loss, pollution, and scarcity. Overall, sustainable development is not just

for environmental issue but a comprehensive strategy for economic and social

stability. It also entails the world's proactive role in promoting sustainability while

acknowledging the challenges that still need to be addressed.

Key Principles

The key principles of sustainable development are divided into three so called

"Three Pillars of Sustainable Development" are the environmental protection, social

equity, and economic viability. Environmental Protection dwells on the preservation

of the environment by being responsible in using of natural resources just like the

Trillion Tree Campaign, a global initiative that aims to plant one trillion trees

worldwide. Social Equity, this pillar ensures the well-being at individual's end. It

involves access to basic social services like education, health care, and housing.

Therefore, it is basically for improving the quality of life for all people, particularly

marginalized and vulnerable groups. Lastly, Economic Viability is generally focused

on economic growth as it aims to create economic opportunities that stays in the

long run without harming the planet's environment. The best example of this is

Angel's Burger's transition from using single use plastic as packaging to paper

packaging while ensuring continued profitability and creating sustainable economic

key principles of sustainable development encompass a holistic approach integrating

economic, social, and environmental goals into enterprise strategies. These

principles emphasize balance, innovation, transparency, and long-term orientation.

Businesses Integrating Sustainability into their Operations

As to Rautenbach, K. (2024). Adopting to sustainable practices, your business

can not only contribute to a better environment but also benefit from increased

efficiency, cost savings, and enhanced reputation. Just like how the Apple company

planned to focus on using recycled and renewable materials, low-carbon shipping,

reducing energy consumption and bringing their net emission to zero. This

sustainability commitment adds services and solution that supports a much more

sustainable business.

Successful Examples of Sustainable Development Projects or Initiatives

According to Carolina Milanesi (2023), Apple put sustainability at the center of

its Fall iPhone and Apple Watch event. It did so as it put sustainability into context by

showing that you can do what I've been advocating for a long time: doing good and

doing well from a business perspective. Example is Apple’s first carbon-neutral

products is a milestone in a journey initiated over a decade ago, involving substantial

innovation and efforts throughout its global supply chain. And also, they are planning

to achieve carbon neutrality by the year 2030.

Social Justice

Sustainable development intersects with issues like poverty alleviation and

social justice in several ways. Poverty is not just a lack of income, but also a

deprivation of basic capabilities and freedoms. Apple, as a global leader in the tech

industry, has a critical role to play in promoting sustainable development and

addressing social justice concerns. Additionally, Apple's education initiatives, such

as its Apple Developer Academy, provide opportunities for individuals from

underrepresented communities to develop skills and access better economic

opportunities (Sen, 2006).

Economic Implications of Transitioning to a more Sustainable Model of

Development?

The economic implications of transitioning to a more sustainable model of

development are significant. According to Banerjee and Khan (2024), by enhancing

greenery and promoting eco-friendly practices, apple cultivation symbolizes a

broader environmental commitment. The economic analysis of apples involves

examining their market price and revenue generation, showcasing the

interconnectedness of different disciplines. Moreover, Stern (2007) added that the

economic benefits of transitioning to a low-carbon economy far outweigh the costs of

inaction.
 References:

Banerjee, S. and Khan, D. (2024). Symbolic Significance of Apples: Exploring

Environmental, Economic, Engineering, Industrial, and Sustainable

Development Perspectives.

Grytsan, Y., Budko, O., Voloshenko, L., & Kramarenko, Y. (2024). Conceptual

principles of management of sustainable development of an enterprise.

Economic Bulletin of the Dniprovsk State Technical University, 9(2), 66–74.

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

Mahanayak, B. (2024). Meaning and concept of sustainable development for the

protection of environment and the role of India. World Journal of Advanced

Research and Reviews, 22(3), 311–314.

https://doi.org/10.30574/wjarr.2024.22.3.1856

Milanesi, C. (2023, September 14). Apple: Streamlining sustainability for every

buyer’s perfect product.

Sen, A. (2006). Development as Freedom: an India perspective. Indian Journal of

Industrial Relations.

Stern, N. (2008). The Economics of Climate Change. American Economic Review.

Rautenbach, K. (2024, December 13). Environmental Sustainability in Business: 5

Steps for a Greener Future.