BUS2SUS - Environmental Sustainability and System Thinking

RUNNING HEAD: Environmental sustainability 1
Environmental sustainability and system thinking

Environmental sustainability 2
Table of Contents
Introduction................................................................................................................ 3
Economic system thinking....................................................................................... 4
Impact of Coal gas extraction on sustainability of Australian economy.....................4
Three pillar model of sustainability............................................................................ 4
Coal- Seam gas extraction on economic and environmental sustainability of
Australia..................................................................................................................... 7
System thinking model Ice Berg................................................................................. 8
Conclusion................................................................................................................ 11
References............................................................................................................... 12

Environmental sustainability 3
Introduction
This report reflects the adamantine study on the key factors of environmental
sustainability and system thinking which could be used to develop possible solutions for
environmental problems and challenges. In the starting of this report, study has been prepared to
showcase the why economic system thinking is critical in developing solutions to sustainability
challenges for the betterment of organization. After that, study has been prepared to showcase
key process and system to deploy possible level of problem mitigating solution for the
betterment of society and environment at large. After that, uses of various methods and means
have been discussed with the help of practical example which company could undertake to
encounter economical sustainable challenges.

Environmental sustainability 4
Economic system thinking
With the increasing ramification of economic changes, there are several sustainable
practices and solutions which have been evaluated for the betterment of society and environment
at large. System thinking is related to management of working environment by the government
after undertaking systematic issuing policies and regulations for the betterment of society and
environment at large. Sustainability could be defined as integration of social, environmental and
economic system to improve the quality of life within earth regenerating, caring and assimilating
capacity for the betterment of society and environment at large (Sachs, 2015). It is determined
that government and political parties rules and regulations set up throughout the time has great
impact on the society and environmental sustainability.
Impact of Coal gas extraction on sustainability of
Australian economy
Economic system thinking should be more inclined towards deploying optimum level of
resources for the betterment of society and economy at large (Pearce, Barbier and Markandya,
2013). Economic system should make efforts to reduce the cases like exploitation of resources,
use of hazardous substance, banning life threating polluted factors in economic and society at
large.
Three pillar model of sustainability
After considering various secondary data, it is determined that if economic of Australia
have more cases related to coal seam gas extraction, then it will not only put the negative impact