The first call by a multilateral bank directly to corporations to play an active role in the development of the region. Jerry Haar and Victoria Galeano This year marks the 30th anniversary of the UN’s Brundtland Commision Report, Our Common Future, advocating that business and society champion “sustainable development”: meeting the needs of the present without compromising the ability of future generations to meet their own needs. A decade later, author and entrepreneur John Elkington coined the term “Triple Bottom Line,” proposing that business goals were inseparable from the societies and environments within which they operate, and that companies can and should elevate “sustainability” as an integral part of their corporate missions; addressing social, environment, and financial impacts of their enterprises. […]
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