Ensuring continuity in operations and becoming more and more aware about the triple bottom line of planet, people, and profit, businesses and organizations are now urged, if not required, to review and refine sustainability practices they have in place, especially now that the world is going through a global pandemic. In our previous posts, we have defined sustainability and provided 10 benefits of investing in sustainability practices for companies. In this article, we will explore the role of workplace health and safety in contributing to sustainability.
The word sustainability is derived from the Latin word sustinere (tenere, to hold; sus, up). According to the Merriam-Webster dictionary (Merriam-Webster, Incorporated, 2015), “sustainable is something able to be used without being completely used up or destroyed.”
The world is changing fast and we will need to adapt our lives and review our environmental impacts personally but also in our workplaces. Only then can we secure a healthy future for us and for our planet.
Financial ratios are simply formulas, which describe a simple mathematical calculation – written as a mathematical equation. They are often used in business as a way of measuring the business viability, health and profitability.