Sustainable development can be defined as progress that meets the needs of the present compromising the ability of future generations to meet their own needs.".

Interesting topic....

Two starting agendas aiming to integrate all the elements:

1. https://doi.org/10.1007/978-94-017-8959-2_2

2. https://doi.org/10.1016/j.imic.2015.04.001

This query makes eminent sense: it is evident that investments in human capital are essential to achieve the Sustainable Development Goals. But, the direction, extent, means, applications, etc. of human capital development for the SDGs may well be insuperable, even if the (deceptively simple) definition of sustainable development is sound (and there are others). Realpolitik primes all?

Presentation Understand: The Global Goals

PS: The project at https://www.researchgate.net/project/Understand-The-Sustainable-Development-Goals may be of interest.

"Sustainable development can be defined as progress that meets the needs of the present WITHOUT compromising the ability of future generations to meet their own needs."

I find this a weak definition - it really is a description, because it leaves too many of the terms undefined. And it considered relative sustainability - how to become more sustainable, without ever determining if the community actually is sustainable. It's like trying to ensure the Titanic sinks less quickly - I'd rather ensure that it floats.

I would look at sustainability in an absolute sense, and say instead that Sustainability is the capacity of the people of a community to meet their needs using their skills and time, and the resources, energy, and ecological function that come from the landmass that they are stewards (or co-stewards) of, in perpetuity. I can derive the units of measure for Sustainability from that definition, and I can work out the rate equations between the units for any given community.

Sustainable development is then a process of enhancing quality of life of a community by identifying and removing the barriers that prevent people from meeting their needs.

So, from that view, human capital is specifically at the core of the definition. Economic growth would be a side-effect, not a driver - a symptom of success, if you will. Social Progress and Environmental Stewardship would together lead to Regeneration. And I think that Regenerative Development is the only way to get to Sustainable Communities.

Thank you very much. I like "Social Progress and Environmental Stewardship would together lead to Regeneration. And I think that Regenerative Development is the only way to get to Sustainable Communities."

I guess that human capability may be more sustainable than human capital as the fourth pillar. Suggesting reading these two papers:

Article Employment systems as governance mechanisms of human capital...

Article Understanding motivation for study: Human capital or human capability?

In addition, I believe there are more overlapped regions than the diagram has described. For example, there could be an overlapped region between 'human capital/capability' and economic growth. It has not been well captured by the word 'sustainability'.

Cheers,

Hong

I agree with you that there are overlapping areas like an innovation. Thus, according to me, everything is interconnected.

Thank you very much Hongzhang Xu

Kindly visit..

https://doi.org/10.1007/978-94-017-8959-2_2

Also check.

Article Employment systems as governance mechanisms of human capital...

In fact, the digital revolution has substantially changed the present business environment and put pressure on SMEs to reflect on their current strategy to achieve sustainable business growth. So, it is important to conceptualize an advanced technology-oriented Triple Bottom Line (TBL) layout to configure a smart sustainable business growth model for SME's long-term survival.

Kindly refer to the below article-

Article Annexing a Smart Sustainable Business Growth Model for Small...

In agree Ariful Islam

Triple Bottom Line (TBL) layout should be improved.

Indeed Tatjana Mamula Nikolić

At present, the concern of identifying an effective tech-based business model considering the Triple Bottom Line (TBL) approach is very critical. It calls for a new configuration or extension.

If you're looking at Sustainability from the perspective of 'Systems Management', a number of indicators are required to ensure that the expected and desired outcomes are occurring. TBL is a highly simplified indicator system, which is therefore fairly short-sighted.

If, instead, you're looking from the perspective of 'System Design', then you don't want to use any indicators, but rather the units of measure of the system being designed, and the rate equations between those units.

PSMII is balance approach, like TBL, that has been expanded on for design purposes, but doesn't really get into the units of measure of Sustainability.

Criteria based approaches, like Envision or BREEAM, rely on relationships that are established based on some specific (but usually unspecified) setting, and in any other setting, they provide a limited utility.

In all cases, the concept of Sustainability requires a community context - individuals and businesses are generally to ephemeral to be looked at from a perspective of multiple generations. Businesses can assist a community in being Sustainable, but they can't be Sustainable in-and-of themselves. Business can help a community meet its needs in a manner that can be maintained in perpetuity, but its up to the community to define needs for itself, find the boundary of those needs, and determine the obstructions that prevent its citizens from meeting those needs.

Ultimately, the minimum threshold of Sustainability is Needs Security (like the WEF Nexus, but across all needs), and that is dependent on Needs Sovereignty (ultimately the Wickedest of Problems) - but how that would be achieved has to be determined by the community and supported by business. Which means that any tool related to Sustainability at a business scale must consider the community context in which the business is part.

Thank you Douglas Nuttall

There is a new abbreviation like PSMII. Could you explain it? Thank you.

Sure:

https://fidic.org/books/project-sustainability-management-applications-manual-2nd-edition-2013

It's a balance approach, using 6 general topics. 3 are typical engineering aspects, and 3 are social/community aspects.

The strength of it is that it provides a way of incorporating aspects that are not part of the traditional engineering approach. The weakness of it is that the 'right' weighting between the aspects isn't something that is determinable. So while it is better than a single measure (like economic ROI), it can't provide solutions that are ideal for the community setting. And while it can be sure of generating a solution that is better than 'do nothing', 'do nothing' is generally not sustainable. A higher bar is required.

Thank you very much Douglas Nuttall

Hi, you may find these studies helpful,

Article Examining the role of gender diversity on ownership structur...

Article An investigation into the remuneration- CSR nexus and if it ...

Article Do women on corporate boardrooms influence remuneration patt...

Article The Interaction Effect of Independent Boards on Corporate Go...

Article Assessing the Governance Mechanisms, Corporate Social Respon...

Article The dynamic impact of board composition on CSR practices and...

Article Legitimising the Role of Corporate Boards and Corporate Soci...

Further, this project may help you for SD and its related pillars:

https://www.researchgate.net/project/COVID-19-and-financial-markets

Thank you Sitara Karim

My pleasure Tatjana Mamula Nikolić

we have worked on these issues:

Article Socioeconomic characterization of Bocas del Toro in Panama: ...

Dear Tatjana,

Human capital / culture is a very important element in the implementation of the plan to carry out the pro-environmental transformation of the classic growth, brown, linear economy of surplus to a sustainable, green, zero-emission economy of zero growth and a circular economy and a return to environmental sustainability. It was man who caused the imbalance in nature, a large decline in natural biodiversity, the extinction of many species of flora and fauna, pollution of the natural environment, caused climate change, the progressing process of global warming, which may in a few to several decades lead to the extinction of most species of life forms on the planet Earth. It was man who deprived the climate and biosphere of the planet of sustainability. Now, when we finally know it, we also know that it is man who can, at least partially, repair the damage caused to the biosphere and climate. Time is short, but we know what to do. We, as researchers and scientists, represent intellectual capital, thanks to which we can fix a lot in terms of the development of civilization and we can significantly reduce the negative effects of this development. Whether we save the planet's climate and biosphere from almost complete degradation, it will be decided in the 21st century. I conduct research on this issue. I have published my conclusions from the research in scientific publications that are available on the Research Gate portal. The results of my research on significant issues of the pro-environmental transformation of the economy, implementation of the sustainable development goals, conditions for the development of a green circular economy, key determinants of restoring environmental sustainability, etc., are described in the following publications. Links to some of these publications are provided below:

Article The Key Security Problems Related to the Pro-Environmental E...

Article IMPLEMENTATION OF THE PRINCIPLES OF SUSTAINABLE ECONOMY DEVE...

Article The Post-Pandemic Development of the Green Circular Economy ...

I invite all those who study this subject important for the future of the planet's climate and biosphere to scientific cooperation.

Best wishes,

Dariusz

Dear Darius, Dariusz Prokopowicz

Thank you very much for your detailed explanation and added valuable papers. Attached is the invitation for special issue New business models and entrepreneurship for sustainable development. It would be great to join us with your paper. All the best Tanja

"Human capital" is always the basis of any concept involving the planet.

The concept itself of "sustainable development", like any other concept, starts from the so-called "human capital".

I think Human Capital concern both leadership (political, business, no profit), and "the base" (consumers, employees, citizens, volunteers, suppliers) who must all be very skilled / aware of SS values in order to implement all the actions aiming to the SS process.

Also: could you be so kind as to give me the references of the picture?

Thank you very much Alberto Corbino . Cornelia Hulla.

I added human capital (creativity & innovation).

Best regards

Tanja