ACCA Applied Knowledge · Business and Technology · Sustainable business practices
Which definition of sustainable development is most widely cited, as set out in the Brundtland Report (1987)?
Sustainable development, as defined in the Brundtland Report, is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It balances economic, social and environmental concerns rather than focusing solely on profit or on stopping growth.
- ADevelopment that meets the needs of the present without compromising the ability of future generations to meet their own needsCorrect
- BDevelopment that maximises shareholder returns over the long term while complying with all relevant laws
- CDevelopment that limits economic growth in order to preserve natural resources
- DDevelopment that prioritises the needs of the poorest countries before those of developed countries
Explanation
The Brundtland Report defined sustainable development as meeting present needs without compromising future generations' ability to meet theirs. The other options describe profit maximisation, anti-growth or aid-priority views, none of which is the Brundtland definition.
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