Sustainability

From Open Risk Manual
Revision as of 11:56, 11 May 2022 by Wiki admin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Sustainability in the context of economic / financial systems is an organizational property (attribute) that ensures the long-term viability of such systems (economic, environmental, sociopolitical stability). The relevant time-scale is to be understood as multiple (human) generations.