Abstract

The concept of sustainable development of the Brundtland Report and the related one of the Rio Declaration are interpreted differently by United Nations agencies, NGOs and business corporations. What should really be sustained includes quality of life; this requires sustainable natural systems and social systems. Living within our carbon budget is a prominent example. The management of resources on others’ behalf should share with ‘stewardship’ characteristics of care for what is intrinsically valuable, and responsibilities not only to owners but also towards present and future people and other creatures. Reasons are considered for holding capitalist companies and capitalism itself to be unsustainable, such as its inbuilt imperative of growth. Sustainability cannot wait for a different system, as by then serious climate change will be irreversible. Carbon footprints need to be limited now. Practical measures include not blocking transitional steps, and finding innovative ways to reduce one’s company’s carbon footprint.