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“Sustain Dharma For Sustainability”
by
V.Chaitanya Lakshmi
PGDM 1st year, IPE ,Hyderabad
Contents
 Introduction
 Sustainability
 Dharma & sustainable development
 Dharma and ecological sustainability
 Dharma, Society and the Economy
 Dharma economics
 Some of the Reasons for the Present Scenario
 “You be the change”
 Things to be followed from Business management point of

view
 Conclusion
Sustainability
 Sustainability is the capacity to endure, to uphold life

within the carrying capacity of the supporting eco-systems
beyond a finite time boundary
 In ecology the word describes how biological systems
remain diverse and productive over time
 For humans, sustainability is the potential for long-term
maintenance of well being
 Sustainability requires the reconciliation of
environmental, social equity and economic demands - also
referred to as the "three pillars" of sustainability
“Dharma”
 The word "dharma" comes from the Sanskrit root dhri,

meaning to "uphold" or to "sustain"
 Dharma is to say, "that which upholds or sustains the
positive order of things: the nation, the community, the
family and ultimately even the universe
 Dharma is the duty of maintaining natural order in a
righteous way
Why Dharma for sustainability?
 To practice dharma is to understand oneself. To

understand oneself is to understand one’s relationship to
everything, including the earth. Therefore, to practice
dharma is to be in an appropriate relationship with the
earth
 Dharma teaches that we must consider the impact that
every decision we make will have on generations to come
to enhance sustainability
 It is the duty of all of us to maintain nature in a righteous
way and caring the environment that gives us life to
sustain the natural human capabilities for an infinite time.
Dharma and ecological sustainability
 In search for pleasure & affluence modern humanity has

exploited nature without any restraint
 Humans depend on nature for survival. For maximum benefits
we’ve have to understand nature so that we can usefully utilize
natural resources while living harmoniously with nature
 For ex: the seasonal rainfall pattern, methods of conserving
water by irrigation, the soil types, the physical conditions
required for growth of various food crops can get better returns
from farming, but this learning has to be accompanied by
moral restraint if the benefits are to be enjoyed for a longer
period of time
Dharma, Society and the Economy
 Firstly, human beings have to live in peace and harmony

with each other, other beings & nature
 Truth and Non-violence are essential
 Society has to be non-exploitative & human beings have
to act in a manner that optimises health, happiness &
welfare of everybody including those in other societies or
nations
 Humans beings have to live a life of simplicity and lastly
there is need for self-control, friendliness , compassion
,love and forgiveness
 Dharma advocates the virtues of non-greed , non-hatred

and non-delusion in all human pursuits
 Dharma advocates that a householder should accumulate
wealth as a bee collects nectar from a flower
 In secular democracies of west, both education &
economics are based on belief in value-free knowledge,
unlimited progress and the individual freedom, combined
effect of these beliefs & rapid erosion of values have
come from western religions. Dharma would seek to
inject fresh awareness of undisputed values
Dharma economics
 In the modern economics the prime motto is raising the

standard of living or maximizing the consumption &there by
optimizing the production. The production philosophy of
modern industrialism is based on the corporate need for
profits, technological determination and ecological
indifference
 Following Dharma, the Buddhist economy may be briefly
enumerated as: The goal of such system is the maximization of
human happiness , combined with full mental and moral
growth and the optimization of health & water., driven by
morality, stress self-control and the regulation of material
consumption rather that its maximization
Reasons for present scenario
Exploitation of Pancha-bhoothas
 We are polluting the air
 We are polluting the water
 We are polluting & overburdening the mother Earth
 We are polluting the Space &sky
 We are not respecting the Fire
 Mismatch between Growth and Regulation

-lead to chaos in all sectors and industries
- If we look at the global crisis 2008 ,Subprime lending?
- Why unsecured debt had become so dominant a force in
the economy?
 Discontentment
-Jealousy and greediness
-lack of business ethics in the market and this is why the
whole world economy is presently in crisis, several scams
all over the world
 Technological development

- Computers, cell phones, iPads and tablets are wonderful
things but our ability to think individually is definitely
being diminished
- How many of us today know the phone numbers of our
friends and family?
-We’re losing the ability or willingness to think and
memorise.
 Overutilization of Available Resources
-Vehicles, A/c’s, Bath Tubs etc
“You be the change”
 The famous saying “Dharmo rakshati rakshitaha” told by

Sri Krishna to Arjuna, which means “Protect the dharma
and dharma will protect you”
 In present scenario here comes the reign of adharma by
individuals having forgotten the ethics and dharma,
leading to unsustainability of the people, planet &
prosperity .
 When dharma is sustained by an Individual followed by
his family and then the society, the humanity & nation
will prosper
 Let us change our individual lifestyles such that it

conserves natural resources.
 Discharge your duties in a dharmic way.
 Practice and uphold dharma is to be in an appropriate
relationship with the earth. We must include the principles
of sustainability in our life and adopt ways of living more
sustainably.
Follow the sustainability principles
 Reduce dependence upon fossil fuels, underground

metals, and minerals
 2. Reduce dependence upon synthetic chemical and other
unnatural substances
 3. Reduce encroachment upon nature
 4. Meet human needs fairly & efficiently
Ways of living more sustainably
 It can take many forms from reorganizing living

conditions (e.g.,Ecovillages, Eco municipalities
&sustainable cities), reappraising economic sectors
(permaculture,greenbuilding,sustainable agriculture) or
work practices (sustainable architecture), using science to
develop new technologies (green technologies, renewable
energy and sustainable Fission & fusion power to
adjustments in individual lifestyles that conserve natural
resources.
Things to be followed from business
point of view
 Broad-Based sustainable development

-Godrej, Tata Chemicals
-Google, Walmart,Apple
 Get Dharmic
-Instant returns and instant rewards- Erosion of ethics in global
finance industry
-Capitalist myopia, Human myopic choice
-GDP
 Don’t cut out ESG
-Cutting Environmental, Social& governance costs shareholders in
long run
-Poor corporate governance-lead Satyam to their knees
-Poor Community relations-Delay of Multi billion $ projects
Conclusion

 The need for us to take drastic measures for re-adjusting our

lifestyles is urgent. Since the reasons for the present situation of unsustainability caused by ignorance, negligence of our dharma. We
emphasized the need for activities towards the direction of humanity
and the health of the environment we live in
 How we can reshape the world so that we live in a sustainable, fairer
and better way. And the beauty is that the change that is needed will
make us sustainable & happier. That change is Sustain dharma and
that dharma sustains the sustainability of People,Planet and
Prosperity
 We suggests how an individual, a family& the society can uphold
dharma in all perspectives to enhance sustainability of humanity
Sustain Dharma for Sustainability
Sustain Dharma for Sustainability

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Sustain Dharma for Sustainability

  • 1. “Sustain Dharma For Sustainability” by V.Chaitanya Lakshmi PGDM 1st year, IPE ,Hyderabad
  • 2. Contents  Introduction  Sustainability  Dharma & sustainable development  Dharma and ecological sustainability  Dharma, Society and the Economy  Dharma economics  Some of the Reasons for the Present Scenario  “You be the change”  Things to be followed from Business management point of view  Conclusion
  • 3. Sustainability  Sustainability is the capacity to endure, to uphold life within the carrying capacity of the supporting eco-systems beyond a finite time boundary  In ecology the word describes how biological systems remain diverse and productive over time  For humans, sustainability is the potential for long-term maintenance of well being  Sustainability requires the reconciliation of environmental, social equity and economic demands - also referred to as the "three pillars" of sustainability
  • 4.
  • 5. “Dharma”  The word "dharma" comes from the Sanskrit root dhri, meaning to "uphold" or to "sustain"  Dharma is to say, "that which upholds or sustains the positive order of things: the nation, the community, the family and ultimately even the universe  Dharma is the duty of maintaining natural order in a righteous way
  • 6. Why Dharma for sustainability?  To practice dharma is to understand oneself. To understand oneself is to understand one’s relationship to everything, including the earth. Therefore, to practice dharma is to be in an appropriate relationship with the earth  Dharma teaches that we must consider the impact that every decision we make will have on generations to come to enhance sustainability  It is the duty of all of us to maintain nature in a righteous way and caring the environment that gives us life to sustain the natural human capabilities for an infinite time.
  • 7. Dharma and ecological sustainability  In search for pleasure & affluence modern humanity has exploited nature without any restraint  Humans depend on nature for survival. For maximum benefits we’ve have to understand nature so that we can usefully utilize natural resources while living harmoniously with nature  For ex: the seasonal rainfall pattern, methods of conserving water by irrigation, the soil types, the physical conditions required for growth of various food crops can get better returns from farming, but this learning has to be accompanied by moral restraint if the benefits are to be enjoyed for a longer period of time
  • 8. Dharma, Society and the Economy  Firstly, human beings have to live in peace and harmony with each other, other beings & nature  Truth and Non-violence are essential  Society has to be non-exploitative & human beings have to act in a manner that optimises health, happiness & welfare of everybody including those in other societies or nations  Humans beings have to live a life of simplicity and lastly there is need for self-control, friendliness , compassion ,love and forgiveness
  • 9.  Dharma advocates the virtues of non-greed , non-hatred and non-delusion in all human pursuits  Dharma advocates that a householder should accumulate wealth as a bee collects nectar from a flower  In secular democracies of west, both education & economics are based on belief in value-free knowledge, unlimited progress and the individual freedom, combined effect of these beliefs & rapid erosion of values have come from western religions. Dharma would seek to inject fresh awareness of undisputed values
  • 10. Dharma economics  In the modern economics the prime motto is raising the standard of living or maximizing the consumption &there by optimizing the production. The production philosophy of modern industrialism is based on the corporate need for profits, technological determination and ecological indifference  Following Dharma, the Buddhist economy may be briefly enumerated as: The goal of such system is the maximization of human happiness , combined with full mental and moral growth and the optimization of health & water., driven by morality, stress self-control and the regulation of material consumption rather that its maximization
  • 11. Reasons for present scenario Exploitation of Pancha-bhoothas  We are polluting the air  We are polluting the water  We are polluting & overburdening the mother Earth  We are polluting the Space &sky  We are not respecting the Fire
  • 12.  Mismatch between Growth and Regulation -lead to chaos in all sectors and industries - If we look at the global crisis 2008 ,Subprime lending? - Why unsecured debt had become so dominant a force in the economy?  Discontentment -Jealousy and greediness -lack of business ethics in the market and this is why the whole world economy is presently in crisis, several scams all over the world
  • 13.  Technological development - Computers, cell phones, iPads and tablets are wonderful things but our ability to think individually is definitely being diminished - How many of us today know the phone numbers of our friends and family? -We’re losing the ability or willingness to think and memorise.  Overutilization of Available Resources -Vehicles, A/c’s, Bath Tubs etc
  • 14. “You be the change”  The famous saying “Dharmo rakshati rakshitaha” told by Sri Krishna to Arjuna, which means “Protect the dharma and dharma will protect you”  In present scenario here comes the reign of adharma by individuals having forgotten the ethics and dharma, leading to unsustainability of the people, planet & prosperity .  When dharma is sustained by an Individual followed by his family and then the society, the humanity & nation will prosper
  • 15.  Let us change our individual lifestyles such that it conserves natural resources.  Discharge your duties in a dharmic way.  Practice and uphold dharma is to be in an appropriate relationship with the earth. We must include the principles of sustainability in our life and adopt ways of living more sustainably.
  • 16. Follow the sustainability principles  Reduce dependence upon fossil fuels, underground metals, and minerals  2. Reduce dependence upon synthetic chemical and other unnatural substances  3. Reduce encroachment upon nature  4. Meet human needs fairly & efficiently
  • 17. Ways of living more sustainably  It can take many forms from reorganizing living conditions (e.g.,Ecovillages, Eco municipalities &sustainable cities), reappraising economic sectors (permaculture,greenbuilding,sustainable agriculture) or work practices (sustainable architecture), using science to develop new technologies (green technologies, renewable energy and sustainable Fission & fusion power to adjustments in individual lifestyles that conserve natural resources.
  • 18. Things to be followed from business point of view  Broad-Based sustainable development -Godrej, Tata Chemicals -Google, Walmart,Apple  Get Dharmic -Instant returns and instant rewards- Erosion of ethics in global finance industry -Capitalist myopia, Human myopic choice -GDP  Don’t cut out ESG -Cutting Environmental, Social& governance costs shareholders in long run -Poor corporate governance-lead Satyam to their knees -Poor Community relations-Delay of Multi billion $ projects
  • 19. Conclusion  The need for us to take drastic measures for re-adjusting our lifestyles is urgent. Since the reasons for the present situation of unsustainability caused by ignorance, negligence of our dharma. We emphasized the need for activities towards the direction of humanity and the health of the environment we live in  How we can reshape the world so that we live in a sustainable, fairer and better way. And the beauty is that the change that is needed will make us sustainable & happier. That change is Sustain dharma and that dharma sustains the sustainability of People,Planet and Prosperity  We suggests how an individual, a family& the society can uphold dharma in all perspectives to enhance sustainability of humanity