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Why must sustainability? 

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Sustainability is crucial because current patterns of economic development are unsustainable and lead to biophysical impossibilities in the future . Concerns such as climate change, resource depletion, pollution, poverty, and loss of species and ecosystems are widespread and interconnected . The insurance industry, as a driver of social and economic activity, has the mechanisms and incentives to facilitate sustainable business activity, but there are factions within the industry that rely on outdated policies and practices to manage sustainability issues . The disconnect between our knowledge and actions regarding the limited resources of Earth is caused by ideological, economic development, and information divides . The restoration of natural capital can bridge these divides by focusing on the ecological restoration of degraded ecosystems and the socio-economic interface between people and their environments . Embedding sustainability in education is also important, as students recognize its future importance but are currently unsatisfied with its presence in their courses .

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Sustainability is important for the insurance industry because it ensures the durability of companies and their ability to manage risks effectively.
Book ChapterDOI
01 Jan 1995
32 Citations
Sustainability is necessary because current patterns of development are unsustainable and will lead to the depletion of natural resources and environmental degradation.
Open access
Kim Beasy, C Peterson, A Tomlinson, B Tiernan 
01 Jan 2016
2 Citations
Sustainability is considered crucial for students in the 21st century to effectively operate in a changing world.

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What is the sustainability?5 answersSustainability is the concept of meeting the needs of the current generation without compromising the ability of future generations to meet their own needs. It involves maintaining ecological processes, functions, biodiversity, and productivity into the future. Sustainability encompasses the scientific basis for sustainable resource use, as well as the social and economic implications of sustainable practices. It is a framework that applies to various aspects of life on Earth, from local to global levels and over different time periods. Achieving sustainability requires an interdisciplinary perspective and a collective effort to address the challenges facing society today. The strategies for sustainability include population control, affluence management, and technological advancements. Developing new technologies that consider the relationships among the environment, society, and economy is seen as the most promising path to sustainability.
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