Issues in the natural environment created by business Essay

Issues in the natural environment created by business - Essay Example Unfortunately, as Mahatma Gandhi said, â€Å"This world has enough for everyone’s needs but not for everyone’ s greed.’ Fortunately now, the relation between economic growth and its adverse impact on natural environment has been widely recognized, and corrective steps are being taken. Our environment is a complete natural system evolved over the ages and held in fine balance that promoted life on this planet. Human beings are but one part of this intricate ecosystem. All species of life, with the marked exception of human beings, follow the natural process of evolution to the extent the environment permits. On the other hand, the same environment that promoted the human race, has also given it the genius to explore and exploit it for a variety of reasons. People have basic needs in food, shelter and clothing and once these basic needs are satisfied, they aspire for higher needs viz., a better standard of living, leisure and recreation. Businesses meet these demands by exploiting resources found in nature. With the world population rising continuously, the demand for goods and services is increasing faster than the can be sustained by the fragile ecosystem. While there is a limit to the exploitation of the natural resources, there appears to be no limit for the avarice. What started as a welcome industrial revolution in the 20th century, soon gave rise to the much-discussed environmental issues like pollution of air and water, ozone layer depletion, greenhouse gases, global warming, climate change etc. Every business impacts the environment in some way or the other; yet there is also no escaping from business growth. Here lies the dilemma of demand for goods and services from growing economies coupled with their lesser concern for environmental issues on the one hand, and, serious environmental concern from the developed countries, which is impacting their businesses! The all-encompassing word for environmental issues is ‘sustainability’, which is