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49-416: The chief commercial officer ( CCO ) (sometimes referred to as the chief business officer ) is an executive-level role, with the holder being responsible for the commercial strategy and the development of an organization . It typically involves activities relating to marketing , sales , product development and customer service to drive business growth and market share . As a corporate officer position,

98-546: A sustainability transition or sustainability transformation . Some barriers arise from nature and its complexity while others are extrinsic to the concept of sustainability. For example, they can result from the dominant institutional frameworks in countries. Global issues of sustainability are difficult to tackle as they need global solutions. Existing global organizations such as the UN and WTO are seen as inefficient in enforcing current global regulations. One reason for this

147-541: A CBO sometimes has a dual role as chief commercial officer and chief strategy officer . Often, this position is created to complement a CEO whose strengths and experience are concentrated mainly in product and technology. A CBO is often given the responsibilities of conducting all business and corporate development activities, maintaining relationships and project management of all partnership agreements, ensuring marketing activities, including website-related, activities, and, more importantly, developing an exit strategy for

196-403: A conservation and replanting of timber that there can be a continuous, ongoing and sustainable use". The shift in use of "sustainability" from preservation of forests (for future wood production) to broader preservation of environmental resources (to sustain the world for future generations) traces to a 1972 book by Ernst Basler, based on a series of lectures at M.I.T. The idea itself goes back

245-428: A long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): environmental, economic, and social. Many definitions emphasize the environmental dimension. This can include addressing key environmental problems , including climate change and biodiversity loss . The idea of sustainability can guide decisions at

294-489: A new development path was required, one that sustained human progress not just in a few pieces for a few years, but for the entire planet into the distant future. Thus 'sustainable development' becomes a goal not just for the 'developing' nations, but for industrial ones as well. The Rio Declaration from 1992 is seen as "the foundational instrument in the move towards sustainability". It includes specific references to ecosystem integrity. The plan associated with carrying out

343-639: A result, the executive holding the CBO position, by definition, will usually possess a broader range of experience and a more extensive skill set than individuals serving in those C-level positions. As one of the highest-ranking executives in an academic or research organization, the CBO may oversee strategic planning in addition to budgeting, financial management, contracts, human resources, procurement, compliance, real estate, facilities, information technology, and risk management. At many colleges and universities, sustainability and green building initiatives fall under

392-426: A single specific definition of sustainability may never be possible. But the concept is still useful. There have been attempts to define it, for example: Some definitions focus on the environmental dimension. The Oxford Dictionary of English defines sustainability as: "the property of being environmentally sustainable; the degree to which a process or enterprise is able to be maintained or continued while avoiding

441-402: A very long time: Communities have always worried about the capacity of their environment to sustain them in the long term. Many ancient cultures, traditional societies , and indigenous peoples have restricted the use of natural resources. The terms sustainability and sustainable development are closely related. In fact, they are often used to mean the same thing. Both terms are linked with

490-450: Is bad for the environment. Others focus more on the trade-offs between environmental conservation and achieving welfare goals for basic needs (food, water, health, and shelter). Economic development can indeed reduce hunger or energy poverty . This is especially the case in the least developed countries . That is why Sustainable Development Goal 8 calls for economic growth to drive social progress and well-being. Its first target

539-520: Is for: "at least 7 per cent GDP growth per annum in the least developed countries". However, the challenge is to expand economic activities while reducing their environmental impact. In other words, humanity will have to find ways how societal progress (potentially by economic development) can be reached without excess strain on the environment. The Brundtland report says poverty causes environmental problems. Poverty also results from them. So addressing environmental problems requires understanding

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588-412: Is known through scientific study to applications in pursuit of what people want for the future." The 1983 UN Commission on Environment and Development ( Brundtland Commission ) had a big influence on the use of the term sustainability today. The commission's 1987 Brundtland Report provided a definition of sustainable development . The report, Our Common Future , defines it as development that "meets

637-411: Is not a new phenomenon. But it has been only a local or regional concern for most of human history. Awareness of global environmental issues increased in the 20th century. The harmful effects and global spread of pesticides like DDT came under scrutiny in the 1960s. In the 1970s it emerged that chlorofluorocarbons (CFCs) were depleting the ozone layer . This led to the de facto ban of CFCs with

686-418: Is the lack of suitable sanctioning mechanisms . Governments are not the only sources of action for sustainability. For example, business groups have tried to integrate ecological concerns with economic activity, seeking sustainable business . Religious leaders have stressed the need for caring for nature and environmental stability. Individuals can also live more sustainably . Some people have criticized

735-730: The Montreal Protocol in 1987. In the early 20th century, Arrhenius discussed the effect of greenhouse gases on the climate (see also: history of climate change science ). Climate change due to human activity became an academic and political topic several decades later. This led to the establishment of the IPCC in 1988 and the UNFCCC in 1992. In 1972, the UN Conference on the Human Environment took place. It

784-531: The natural resources and ecosystem services needed for economies and society. The concept of sustainable development has come to focus on economic development , social development and environmental protection for future generations. Scholars usually distinguish three different areas of sustainability. These are the environmental, the social, and the economic. Several terms are in use for this concept. Authors may speak of three pillars, dimensions, components, aspects, perspectives, factors, or goals. All mean

833-516: The "integrity of the earth's life-support systems" was essential for sustainability. The authors said that "the SDGs fail to recognize that planetary, people and prosperity concerns are all part of one earth system, and that the protection of planetary integrity should not be a means to an end, but an end in itself". The aspect of environmental protection is not an explicit priority for the SDGs. This causes problems as it could encourage countries to give

882-441: The "three dimensions of sustainability" concept. One distinction is that sustainability is a general concept, while sustainable development can be a policy or organizing principle. Scholars say sustainability is a broader concept because sustainable development focuses mainly on human well-being. Sustainable development has two linked goals. It aims to meet human development goals. It also aims to enable natural systems to provide

931-400: The 17 Sustainable Development Goals (SDGs) with their 169 targets as balancing "the three dimensions of sustainable development, the economic, social and environmental". Scholars have discussed how to rank the three dimensions of sustainability. Many publications state that the environmental dimension is the most important. ( Planetary integrity or ecological integrity are other terms for

980-458: The 1960s and 1970s. This led to discussions on sustainability and sustainable development. This process began in the 1970s with concern for environmental issues. These included natural ecosystems or natural resources and the human environment. It later extended to all systems that support life on Earth, including human society. Reducing these negative impacts on the environment would improve environmental sustainability. Environmental pollution

1029-577: The Brundtland Report, the environment and development are inseparable and go together in the search for sustainability. It described sustainable development as a global concept linking environmental and social issues. It added sustainable development is important for both developing countries and industrialized countries : The 'environment' is where we all live; and 'development' is what we all do in attempting to improve our lot within that abode. The two are inseparable. [...] We came to see that

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1078-498: The CCO generally reports directly to the chief executive officer (CEO) and is primarily concerned with ensuring the integrated commercial success of an organization. The role typically must combine technical knowledge of the relevant field with strong marketing and business development skills. Essentially, a CCO takes ownership of the customer and the customer interface with the product or service offering, making sure that all functions of

1127-499: The Rio Declaration also discusses sustainability in this way. The plan, Agenda 21 , talks about economic, social, and environmental dimensions: Countries could develop systems for monitoring and evaluation of progress towards achieving sustainable development by adopting indicators that measure changes across economic, social and environmental dimensions. Agenda 2030 from 2015 also viewed sustainability in this way. It sees

1176-439: The SDGs. It should also show how to address the trade-offs between ecological footprint and economic development. The social dimension of sustainability is not well defined. One definition states that a society is sustainable in social terms if people do not face structural obstacles in key areas. These key areas are health, influence, competence, impartiality and meaning-making . Some scholars place social issues at

1225-761: The UN launched eight Millennium Development Goals . The aim was for the global community to achieve them by 2015. Goal 7 was to "ensure environmental sustainability". But this goal did not mention the concepts of social or economic sustainability. Specific problems often dominate public discussion of the environmental dimension of sustainability: In the 21st century these problems have included climate change , biodiversity and pollution. Other global problems are loss of ecosystem services , land degradation , environmental impacts of animal agriculture and air and water pollution , including marine plastic pollution and ocean acidification . Many people worry about human impacts on

1274-582: The United States now employ chief business officers to oversee the business operations of the school district as well as the work of individual school business managers. Independent schools increasingly use the chief business officer title to identify the school finance director or school business manager . The chief business officer position in education should not be confused with the unrelated chief commercial officer or chief business development officer positions in other industries. Additionally,

1323-452: The chief business officers assume full management responsibility for the company’s deal-making, provide leadership and execute a deal strategy that will allow the company to fulfill its scientific/technology mission and build shareholder value, and provides managerial guidance to the company’s product development staff as needed. Reporting directly to a board of directors or the CEO of the company,

1372-427: The company to be acquired or go IPO . The titles of executive vice president and senior vice president are found most often in a university’s central administration office, and a hierarchical relationship does not necessarily exist between those positions and the chief business officer position of a university-affiliated institute or center, which is often at an equivalent level. Several large public school districts in

1421-418: The department, unit, or program level prior to advancing into a CBO role, although business officers at all levels are sometimes hired from private industry, government, or other non-profit organizations. Educational requirements for the CBO position vary among different commercial companies and institutions . Sustainability Sustainability is a social goal for people to co-exist on Earth over

1470-478: The economic dimension of sustainability are controversial. Scholars have discussed this under the concept of weak and strong sustainability . For example, there will always be tension between the ideas of "welfare and prosperity for all" and environmental conservation , so trade-offs are necessary. It would be desirable to find ways that separate economic growth from harming the environment . This means using fewer resources per unit of output even while growing

1519-453: The economy but there is no fixed definition of sustainability indicators . The metrics are evolving and include indicators , benchmarks and audits. They include sustainability standards and certification systems like Fairtrade and Organic . They also involve indices and accounting systems such as corporate sustainability reporting and Triple Bottom Line accounting . It is necessary to address many barriers to sustainability to achieve

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1568-399: The economy. This decoupling reduces the environmental impact of economic growth, such as pollution . Doing this is difficult. Some experts say there is no evidence that such a decoupling is happening at the required scale. It is challenging to measure sustainability as the concept is complex, contextual, and dynamic. Indicators have been developed to cover the environment, society, or

1617-590: The environment . These include impacts on the atmosphere, land, and water resources . Human activities now have an impact on Earth's geology and ecosystems . This led Paul Crutzen to call the current geological epoch the Anthropocene . The economic dimension of sustainability is controversial. This is because the term development within sustainable development can be interpreted in different ways. Some may take it to mean only economic development and growth . This can promote an economic system that

1666-540: The environment includes society, and society includes economic conditions. Thus it stresses a hierarchy. Another model shows the three dimensions in a similar way: In this SDG wedding cake model , the economy is a smaller subset of the societal system. And the societal system in turn is a smaller subset of the biosphere system. In 2022 an assessment examined the political impacts of the Sustainable Development Goals. The assessment found that

1715-495: The environment less weight in their developmental plans. The authors state that "sustainability on a planetary scale is only achievable under an overarching Planetary Integrity Goal that recognizes the biophysical limits of the planet". Other frameworks bypass the compartmentalization of sustainability into separate dimensions completely. The environmental dimension is central to the overall concept of sustainability. People became more and more aware of environmental pollution in

1764-426: The environmental dimension.) Protecting ecological integrity is the core of sustainability according to many experts. If this is the case then its environmental dimension sets limits to economic and social development. The diagram with three nested ellipses is one way of showing the three dimensions of sustainability together with a hierarchy: It gives the environmental dimension a special status. In this diagram,

1813-539: The factors behind world poverty and inequality. The report demands a new development path for sustained human progress. It highlights that this is a goal for both developing and industrialized nations. UNEP and UNDP launched the Poverty-Environment Initiative in 2005 which has three goals. These are reducing extreme poverty, greenhouse gas emissions, and net natural asset loss. This guide to structural reform will enable countries to achieve

1862-412: The global, national, organizational, and individual levels. A related concept is that of sustainable development , and the terms are often used to mean the same thing. UNESCO distinguishes the two like this: " Sustainability is often thought of as a long-term goal (i.e. a more sustainable world), while sustainable development refers to the many processes and pathways to achieve it." Details around

1911-492: The idea of sustainability. One point of criticism is that the concept is vague and only a buzzword . Another is that sustainability might be an impossible goal. Some experts have pointed out that "no country is delivering what its citizens need without transgressing the biophysical planetary boundaries". Sustainability is regarded as a " normative concept ". This means it is based on what people value or find desirable: "The quest for sustainability involves connecting what

1960-561: The intersection of economics, the environment, and the social. There are many broad strategies for more sustainable social systems. They include improved education and the political empowerment of women . This is especially the case in developing countries. They include greater regard for social justice . This involves equity between rich and poor both within and between countries. And it includes intergenerational equity . Providing more social safety nets to vulnerable populations would contribute to social sustainability. A society with

2009-481: The long term. The concept of sustainability, or Nachhaltigkeit in German, goes back to Hans Carl von Carlowitz (1645–1714), and applied to forestry . The term for this now would be sustainable forest management . He used this term to mean the long-term responsible use of a natural resource. In his 1713 work Silvicultura oeconomica, he wrote that "the highest art/science/industriousness [...] will consist in such

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2058-478: The long-term depletion of natural resources". The term sustainability is derived from the Latin word sustinere . "To sustain" can mean to maintain, support, uphold, or endure. So sustainability is the ability to continue over a long period of time. In the past, sustainability referred to environmental sustainability. It meant using natural resources so that people in the future could continue to rely on them in

2107-442: The needs of the present without compromising the ability of future generations to meet their own needs". The report helped bring sustainability into the mainstream of policy discussions. It also popularized the concept of sustainable development . Some other key concepts to illustrate the meaning of sustainability include: In everyday usage, sustainability often focuses on the environmental dimension. Scholars say that

2156-427: The organization are aligned to meet its strategic commercial objectives. This means that they are closely linked to the organization's strategic management function, in drafting, implementing and evaluating cross-functional decisions that will enable an organization to achieve its long-term objectives. Chief business officer In the biotechnology , information technology , and emerging innovation industries,

2205-405: The purview of the CBO, while other institutions include community and local government relations in the CBO's responsibilities . Many CBOs typically hold advanced academic degrees (MBA, PhD, etc.) or leading professional credentials and continue to participate in academic research or consulting projects in their areas of expertise. Job experience for the CBO role is generally gained on the job at

2254-411: The same thing in this context. The three dimensions paradigm has few theoretical foundations. The popular three intersecting circles, or Venn diagram , representing sustainability first appeared in a 1987 article by the economist Edward Barbier . Scholars rarely question the distinction itself. The idea of sustainability with three dimensions is a dominant interpretation in the literature. In

2303-411: The title chief business development officer title is often shortened to chief business officer in biotechnology , information technology , and startup companies . A CBO is responsible for the administrative, financial, and operations management of the organization, often combining the roles of chief administrative officer (CAO), chief financial officer (CFO), and chief operating officer (COO). As

2352-425: The very center of discussions. They suggest that all the domains of sustainability are social. These include ecological , economic, political, and cultural sustainability. These domains all depend on the relationship between the social and the natural. The ecological domain is defined as human embeddedness in the environment. From this perspective, social sustainability encompasses all human activities. It goes beyond

2401-446: Was the first UN conference on environmental issues. It stated it was important to protect and improve the human environment. It emphasized the need to protect wildlife and natural habitats: The natural resources of the earth, including the air, water, land, flora and fauna and [...] natural ecosystems must be safeguarded for the benefit of present and future generations through careful planning or management, as appropriate. In 2000,

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