The "environment" consists of the air, water and natural systems that surround us. The economy is the way in which we organize some of our activities to obtain sustenance and shelter from the environment.

The question of "balance" arises if and when economic activity (converting natural resources into usable food, shelter, clothing, etc) degrades, pollutes or exhausts these natural resources thereby making the environment unlivable and/or the economy unsustainable.

To avoid environmental catastrophe, it is important to conserve resources, utilize renewable resources, and to minimize the production of waste and/or convert waste into resources for other productive processes. In particular, we must avoid producing toxic waste that cannot be recycled or reused and that will impair the health or viability of plants or animals that are integral components of our environment. Likewise, wastes that change ambient temperatures of air or water can be very disruptive to plant and animal ecosystems and thereby threaten human viability also.

Dr Rick Rybeck thank you for your contribution to the discussion

Adopt sustainable practices through which companies can adopt sustainable practices such as reducing waste, conserving resources, and using renewable energy sources and implement green technologies for the development and adoption of green technologies can help reduce the environment. Engaging stakeholders and fostering partnerships are critical steps toward achieving the balance between environmental and social impact and business goals. Businesses should actively involve employees, customers, local communities, and non-profit organizations in their sustainability initiatives. Sustainability is the balance between the environment, equity, and economy. Through continuous operation of various natural cycles such as the water cycle, carbon cycle, oxygen cycle and nitrogen cycle. It is also maintained due to the existence of various food chains in the ecosystem. One way to achieve this balance is through policy changes. Governments can implement regulations and incentives that prioritize environmental sustainability, such as incentives for renewable energy development and regulations to reduce pollution and protect natural habitats. The links between the economy and the environment are manifold: the environment provides resources to the economy, and acts as a sink for emissions and waste. Ecological balance is important for the health and stability of an ecosystem. In order for living organisms to coexist in a relatively stable state with the environment, systems of cycling and balance must keep the ecosystem sustainable. Economic sustainability is all about giving people what they want without compromising the quality of life, especially in the developing world. Environmental sustainability: It is the process of meeting the needs of air, food, water, and shelter as well as ensuring that the environment is neither affected nor polluted. A circular economy will enable us to sustainably address our basic needs using the resources that are available to us. Here growth is restrained by the available means. Minimizing the need for natural resources may enable us to respect planetary boundaries and live within the earth's carrying capacity. Sustainable economic growth is economic development that attempts to satisfy the needs of humans but in a manner that sustains natural resources and the environment for future generations. Sustainable development strives for moderate and responsible use within the economic activity of the limited resources of our planet, whereas economic growth does not limit the resource exploitation and energy, being mainly focused on productivity increase. Sustainable development means “meeting the needs of the present generation without compromising the needs of future generations”. Thus, economic growth will be sustainable if fixed assets, including land, remain constant or increase over time. Economic sustainable development is balanced economic growth, free of indebtedness and over-consumption of factors of production, and activities that take into account the carrying capacity of the environment and future generations. Instead of using non-renewable natural resources, use of renewable natural resources should be preferred. Waste water generated by industries should be recycled. We should use natural resources cautiously so that economic growth and ecological conservation go hand in hand. To achieve this harmony, companies must priorities innovation in eco-friendly practices, embrace renewable energy sources, and optimize resource usage. Sustainable growth hinges on mindful product development, supply chain transparency, and circular economy principles.