21.Century brings its own challenges and opportunities. While the world’s population and extreme poverty increase, damages from natural catastrophes are getting bigger, global migrations all around the world; there are huge improvements in science and technology particularly in computer intelligence where it of ers a notable hope for medium and long term. Discussions in today’s world are about economics of climate change; investment in renewables energy, researching green energy sources and environmental technology where all economic, social and environmental factors are equally important for sustainable development of the world.
As the private sector is the dominant actor that shape the world today; it has more responsibilities to society at large ever than before and should produce solutions to big problems to provide their sustainability in the future. Private sector has the potential to increase the living standards in a region they operate by supporting decent work, respecting human and labor rights and trying to minimize their negative environmental aspects. click to download document.