Sustainability and environment
Sustainability has established itself as the leitmotif of modernization. Its principles have become an indispensable part of modern economic life.
However, "sustainability" is often wrongly equated with ecological economics. But that does not go far enough. The notion of sustainability combines economic efficiency (economic pillar) with environmental responsibility (ecologic pillar) and social justice (social pillar). Only if these three components are in a balanced relationship, sustainability is really implemented. Another important aspect: sustainability is always a process, a development that needs to be sustainably implemented and managed.