Sustainability is a fundamental concept in our current world, as it seeks to balance the needs of the present without compromising future generations. However, something that not everyone knows about this concept is that it is made up of three aspects: economic, social and environmental sustainability.
Economic sustainability
It refers to the actions and decisions that support the long-term economic development of a company or country. A sustainable approach must consider the long-term costs of economic decisions and seek a balance between economic growth and environmental preservation.
To contribute to economic sustainability, at Grupo SID we have more than 5,000 employees, more than 50,000 direct clients and we are located in more than 17 countries. In addition, through our Digital Transformation we are optimizing our processes to be more efficient.
Social sustainability
In this area, the development of people, communities and cultures is promoted to generate quality of life, health and adequate, timely and equitable education.
It refers to the well-being of people and communities, guaranteeing an adequate quality of life for all. In addition, it encourages citizen participation and the construction of strong and resilient communities.
For example, at Grupo SID we participate in this component of sustainability with our EducaSID initiatives, impacting more than 6,300 students, in the health field with Caminantes Por La Vida and with our continuous social contributions to sports, community, etc.
Environmental sustainability
It focuses on the efficient management of natural resources in productive activity, to conserve and protect them. It involves reducing the ecological footprint and minimizing negative impacts on the environment and seeks to promote practices that maintain the health of the planet.
At Grupo SID we have several initiatives within this component of sustainability, such as: we have four plants to treat our wastewater, use of biomass as renewable energy, annual beach and river clean-ups, and our ReforestaSID program, where we have planted more than 160,000 trees together with more than 400 collaborators.
These three dimensions of sustainability are closely interconnected and mutually reinforcing. A sustainable approach requires considering all three aspects since we cannot achieve lasting sustainability if we neglect one of them.
To address current challenges, it is important to adopt policies and practices that integrate these three dimensions of sustainability. It is essential to build a sustainable future and achieve a balance that benefits present and future generations.
Only in this way can we build a world in which we can all prosper without compromising the planet we call home.
