Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Companies are part of an increasingly complex and global system, drawing on and impacting on that system. Sustainable development poses a challenge to the traditional mindsets of companies. Increasingly their performance is judged not just by the services products and profits they make but also by the impacts they have on human and social well-being and on the natural environment on which we all depend for life.
The FPS further defines Sustainable Development as:-
Maintenance of a healthy economic environment; prudent use of natural resources; social progress which recognises the needs of all people; and effective protection of the environment.
In 2023 we updated our sustainability Charter to align with the UN Sustainability Development Goals, including commitments to decarbonise our businesses by 2050 and start to benchmark our carbon emissions.
Please download our Sustainability Charter to learn more about our principles and aspirations.