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Question: Discuss about the Literature Review Sustainability. Answer: Introduction Sustainability chiefly means possession of the resources which is helpful to survive in future without compromising the present well-being. The term possesses a great significance for every kind of organisation and industrial sector. It teaches the organisation/company to function and operate in such a manner which ensures the future stability in every aspect (e.g. social, economic aspects, environmental). Planning a suitable sustainability plan is very much important. Taking the point into consideration, in the presented work an attempt has been made to understand the concept and principle of sustainability. An explanation regarding its importance and significance is given, followed by an illustration of two aspects concerning the term. An attempt has been made to state relevant innovations which can help to attain sustainability. The concept and principle of sustainability Sustainability, the term can be divided into halves to get two other meanings, sustain and ability. Hence it can be said that the term refers to the ability to continue living or to sustain in the long run. Chiefly speaking, the term comprises of three elements, environmental sustainability, economic sustainability and social sustainability (Barkemeyer et al. 2014, p.17). Environmental sustainability refers to the ability to sustain non-renewable resources and to maintain the harvest of renewable resources. It suggests the proper maintenance of pollution creation and avoidance of depletion of the non-renewable resources. Economic sustainability suggests the maintenance of a definite level of economic/financial production which can stay for an indefinite period (Ciegis et al. 2015, p.62). Social sustainability refers to the ability which enables an organisation to coexist peacefully with the society and establishing a healthy relationship with the society and its population. It needs to be stated that the three elements possess certain similar characteristics, sustainable, bearable, equitable. Every organisation, be it industrial or health care sector and community try to seek sustainable development (Clark et al. 2016, p.4616). This is because all the organisations want to sustain and survive in the future period and want to experience extensive growth and development. Sustainability holds its certain specific principles which need to be mentioned. Considering these principles help an organisation to prosper and flourish, leading to more scope for further growth and improvement. Enhancement of environmental quality, suggest that the organisation must try to improve its relationship with the surrounding environment (Day, 2016, p.7). This suggests the effort of the organisation to lower its negative impact on the environment, for instance, excessive emission of harmful waste materials, emission of harmful factory gases, and cessation of projects which can cause sufficient environmental harm. The organisation should try to work voluntarily with environmental welfare community and should try to take steps accordingly (Holden et al. 2016, p9). The economy is important which really needs to be considered. The organisation, for instance, should try to stress on the growth of its economy and its profit so that it can possess the required stability to stren gthen its market position. It is important to note that the company should have the required measures for risk prevention. Enhancement for a quality life, this suggests the effort to improve the life of people. This refers to both the internal and external people associated with the organisation (Imran et al. 2014, p.134). It is required for every organisation to observe and improve the quality of people of the different stakeholders. The organisation, for instance, should try. At the same time, the company must try to improve the quality of people of the general population, the customers who are responsible for the generation of the organisational sales growth. Another factor which needs to be stated is the promotion of generational and social equity (Nellemann et al. 2014, p.12). This means indicates the equity observed in the two terms. The organisation, for instance, must try to maintain a balance of relationship with the society. Lastly is the point of the factor of disaster re silience. It suggests that the company needs to appropriate measures to manage and control the potential risk or threats of the organisation which can lead to disaster (Pearce et al. 2013, p.52). Two aspects of sustainability Chiefly speaking there are four aspects of sustainability, environmental, social, cultural and economic. The environmental aspect is one of the most important aspects. This aspect highlights need for maintenance and enhancement of the biophysical system which is necessary in order to sustain the life. This aspect suggests that it is necessary for every organisation to maintain a balanced relationship with the surrounding environmental (Steurer and Hametner, 2013, 241). This means the company should try not to harm the surrounding environment. It is true that every organisation emits a particular amount of waste materials during the production phase of its products. However, in spite of the issue, the companies should try its best to reduce the amount of emitted waste products as much as possible. This effort can be fulfilled in many ways. The companies, for instance, should possess advanced technologies and machines which promise energy conservation (Warburton, 2013, p.71). The level of harmful gases such as CFC, carbon dioxide should be reduced to a certain extent. The companies must follow the legal rules and regulations concerned with the welfare of the environment. Apart from this, the organisation must try to conserve energy such as electric energy. Excessive and unnecessary usage of electric appliances and devices must be restricted. Regarding the point, it needs to be remembered that this effort of energy conservation rests on all the members of the organisation. Taking this point into consideration, it should be stated the proper session and planning can be conducted to fulfil this objective. All the members must play their role equally accordingly. Another aspect which is important to consider is the cultural factor. This factor stresses on the necessity of giving importance to diversity and appreciating this aspect of differences. The point suggests that everyone has the right of expression and this must be respected. Each individual possesses unique differences, in terms of custom, tradition, belief and this must be respected and acknowledged. The aspect also encourages the concept of sharing and states that the differences of values and beliefs must be shared and appreciated among each other. it further suggests the freedom of politics, urges everybody to express their respective opinion. This factor can be effectively used in organisations. In many places, it is observed that the factor of cultural sustainability is not observed in many places but this should be avoided. Fortunately, at present, many organisational workplaces are encouraging and supporting this aspect. For instance, employees are able to express their ideas and thinking, enabling the organisation to open new avenues of working approach. This has been beneficial in most of the cases. This approach is very much effective in the process of decision making. Another point which needs attention, the cultural aspect allows the organisation to understand the specific needs and wants of the customers depending on the overall differences of the latter. This factor stresses the importance of being considerate towards the differences of the employees as well as the customers, helpful to establish resilience, beneficial for future sustainability. Various companies are trying their best to ensure sustainability. The first and the foremost step which can be taken, compliance to follow the legal rules and policies made for the purpose. It is true that certain laws and norms often put the company in a tricky situation. As a result, the company incurs losses (Welford, 2013, p.81). However, in order to tackle the issue the company needs to have strategic measures which can enable the organisation to work in harmony without getting much affected by the stated rules. Important sessions can be conducted to state the necessity and beneficial side of observing sustainability and how it can be done to get the effective result. Along with this, views and suggestions should be shared and discussed to get a suitable plan for fulfilling the objective. Instead of using electrical energy, organisations can try using non-renewable resources, for instance, solar energy. Solar energy can be easily acquired during the daytime. Wind energy, tidal energy can also be harnessed with proper machines. It is true that the devices needed to convert these energies into usable energy are expensive however with proper budget planning and the vision to get future sustainability, the issue can be resolved. Communication is a very important aspect which facilitates social and cultural sustainability (Wheeler and Beatley, 2014, p.3). The organisations, a, for example, can try to provide the space which can give the scope and freedom to express their views and suggestions eve n if the opinions are critical. This applies both to employees and the general population, the potential customers. In terms of economic sustainability, it can be said that the company needs to make effective short and long term planning assessing the economic condition of the market sphere. Conclusion In conclusion, it can be said that the sustainability is very much important. This is because it helps an organisation to retain the resources which are needed for future use. Sustainability development allows an organisation to find ways in which it can sustain in the market, making sure the organisation possess sufficient resources to retain in future. In order to attain the goal of sustainable development, the organisation must try to take innovative approaches to fulfil the objective. References Barkemeyer, R., Holt, D., Preuss, L. and Tsang, S., (2014). What happened to the developmentin sustainable development? Business guidelines two decades after Brundtland.Sustainable Development,22(1), pp.15-32. Ciegis, R., Ramanauskiene, J. and Martinkus, B., (2015). The concept of sustainable development and its use for sustainability scenarios.Engineering Economics,62(2). Clark, W.C., Tomich, T.P., Van Noordwijk, M., Guston, D., Catacutan, D., Dickson, N.M. and McNie, E., (2016). Boundary work for sustainable development: natural resource management at the Consultative Group on International Agricultural Research (CGIAR).Proceedings of the National Academy of Sciences,113(17), pp.4615-4622. Day, K.A., (2016).China's environment and the challenge of sustainable development. Routledge. Holden, E., Linnerud, K. and Banister, D., (2016). The Imperatives of Sustainable Development.Sustainable Development. Imran, S., Alam, K. and Beaumont, N., (2014). Reinterpreting the definition of sustainable development for a more ecocentric reorientation.Sustainable Development,22(2), pp.134-144. Nellemann, C., Henriksen, R., Raxter, P., Ash, N. and Mrema, E., (2014).The environmental crime crisis: threats to sustainable development from illegal exploitation and trade in wildlife and forest resources. United Nations Environment Programme (UNEP). Pearce, D., Barbier, E. and Markandya, A., (2013).Sustainable development: economics and environment in the Third World. Routledge. Steurer, R. and Hametner, M., (2013). Objectives and indicators in sustainable development strategies: similarities and variances across Europe.Sustainable Development,21(4), pp.224-241. Warburton, D., (2013).Community and sustainable development: participation in the future. Routledge. Welford, R., (2013).Hijacking environmentalism: Corporate responses to sustainable development. Routledge. Wheeler, S.M. and Beatley, T., (2014).Sustainable Urban Development Reader. Routledge.