BU111 Lecture Notes - Lecture 21: Climate Vulnerability Monitor, Paradigm Shift, Greenwashing

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Bu111 - lecture 21 - social factors (continued) In 1994, j. elkington extended concept of sustainable development" to triple. Bottom line" d. i. ii. equity, environment, and economy. People, planet, and profit: quantification of impact a. In 2012, climate vulnerability monitor states that climate change is costing. . 2 trillion per year and reducing global gdp by 1. 6: change in societal attitudes - society"s belief/ expectations to the amount of pollution in the environment has changed drastically. Blue bin not only reduces more waste, but makes you conscious of your actions: dominant paradigm was take, make, waste (disposable cell phones, clothing, cars. Increased corporate greening (more environmentally friendly ways of producing products, reducing the damage of thrown out products on the environment). Greenwashing is what you don"t want to see (companies pretending they are more eco friendly than they actually are) When people in a society become more well off, they have more spending money.

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