Encyclopedia / Sustainability

Sustainability is the process of people maintaining change in a balanced environment, in which the exploitation of resources, the direction of investments, the orientation of technological development and institutional change are all in harmony and enhance both current and future potential to meet human needs and aspirations. A FairShares social enterprise puts in place a structure that changes over time and is designed to give a voice to the interests of different stakeholders as they become important for sustainability. By facilitating co-operative governance, the enterprise is in a better position to maximise its potential for power and wealth sharing, and improve community well-being.