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For example, ecosystems do not serve as singular resources but rather are function-dependent in providing an array of ecosystem services. Additionally, this type of stewardship recognizes resource managers and management systems as influential and informed participants in the natural systems that are serviced by humans.
Stewardship is a practice committed to ethical value that embodies the responsible planning and management of resources. The concepts of stewardship can be applied to the environment and nature, [ 1 ] [ 2 ] [ 3 ] economics, [ 4 ] [ 5 ] health, [ 6 ] places, [ 7 ] property, [ 8 ] information, [ 9 ] theology, [ 10 ] and cultural resources.
Steward-ownership is a corporate ownership structure that prioritizes the long-term independence [14] and purpose of a company. [15] While the legal implementation may vary, all steward-owned companies make a legally binding commitment to two core principles: [9] [16] self-governance and purpose-driven profit allocation.
The concept of land stewardship is closely connected but not exactly the same as a Land trust or Environmental stewardship.While Land trusts can also be an arrangement between two individuals, land stewardship is explicitly undertaken in the interest of ecological, social and cultural values, [2] and is therefore often a particular type of land trust.
Product stewardship is an approach to managing the environmental impacts of different products and materials and at different stages in their production, use and disposal. . It acknowledges that those involved in producing, selling, using and disposing of products have a shared responsibility to ensure that those products or materials are managed in a way that reduces their impact, throughout ...
A useful quote explaining stewardship can be found in Psalm 24:1: "The Earth is the Lord's and all that is in it, the world, and those who live in it". A broader concept of stewardship is illustrated in Jesus’ parable of the "talents", which refer to an amount of money but by implication (and by common use of the word in English) as "abilities".
Seven generation stewardship is a concept that urges the current generation of humans to live and work for the benefit of the seventh generation into the future.It is believed to have originated with the Great Law of the Iroquois – which holds appropriate to think seven generations ahead and decide whether the decisions they make today would benefit their descendants.
Stewardship theory is a theory that managers, left on their own, will act as responsible stewards of the assets and resources they control. [ citation needed ] Stewardship theorists assume that given a choice between self-serving behavior and pro-organizational behavior, a steward will place higher value on cooperation than defection.