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2015 Tbilisi flood. Situated in the South Caucasus Region bordered by the Black Sea to the West, the Russian Federation to the North, Azerbaijan to the East, Turkey to the Southwest, and Armenia to the South, Georgia is a small country supplied with profitable natural resources, heavenly scenes, copious water assets, rich living spaces, and ecosystems that are of local and worldwide significance.
Global sustainability statistics are benchmarks for measuring the status of sustainability parameters. The following agencies provide baseline data for sustainability governance. They are just one form of data used for sustainability accounting and are valuable for assessing trends and measuring progress.
Sustainable markets are defined as systems or institutions where the exchange of goods and services occurs with a sustainable, ethical, and environmentalist mindset. Sustainable markets differ from traditional economic markets as they aim to diminish the effects of natural resource degradation , environmental pollution , and promote safe labor ...
Sustainability is regarded as a "normative concept".[5] [22] [23] [2] This means it is based on what people value or find desirable: "The quest for sustainability involves connecting what is known through scientific study to applications in pursuit of what people want for the future."
Sustainable development overlaps with the idea of sustainability which is a normative concept. [5] UNESCO formulated a distinction between the two concepts as follows: "Sustainability is often thought of as a long-term goal (i.e. a more sustainable world), while sustainable development refers to the many processes and pathways to achieve it." [6]
The 2030 Agenda for Sustainable Development, adopted by all United Nations (UN) members in 2015, created 17 world Sustainable Development Goals (SDGs). The aim of these global goals is "peace and prosperity for people and the planet" [1] [2] – while tackling climate change and working to preserve oceans and forests.
Sustainable products are products either sustainably sourced, manufactured or processed and provide environmental, social, and economic benefits while protecting public health and the environment throughout their whole life cycle, from the extraction of raw materials to the final disposal.
Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. [1] Sustainability reporting deals with qualitative and quantitative information concerning environmental, social, economic and governance issues.