Sustainability Basics
what are the three pillars of sustainability?
Environmental, Social, Economic
What is the base level of the CSR Pyramid?
✔️ Economic responsibility
Does legal always mean ethical?
✔️ No
What is sustainable entrepreneurship?
✔️ Business that creates profit + positive impact
Define sustainability
Meeting present needs without compromising future generations
True or False: Philanthropy is the most important level
✔️ False
What guides ethical decision-making?
✔️ Values
What is ESG?
✔️ Environmental, Social, Governance
Which pillar focuses on fairness and community well-being?
Social
A company follows the law but exploits workers — which level is failing?
✔️ Ethical
What type of thinking asks “what should we do?”
✔️ Ethical thinking
Why do investors care about sustainability?
✔️ Risk, reputation, long-term value ( or anything along with these lines)
Can a business be sustainable if one pillar is missing? Why?
No, long-term success requires balance
Who created the CSR Pyramid?
Archie Carroll
What is the key difference between critical thinking and ethical thinking?
✔️ Critical = what can be done, Ethical = what should be done
What is a key benefit of sustainable businesses?
✔️ Long-term value / competitive advantage