Sustainable industrial development: an ICC contribution to CSD 15

Industrial development and society’s environmental and other societal goals should be pursued in a harmonious manner. Through industrial development, business:

• Provides products and services not only for consumers but also along the entire supply chain including to other businesses and the public sector;
• Shares good practices;
• Contributes to societal capacity in capital equipment, know-how and skilled employees;
• Creates jobs and contributes to capacity-building;
• Builds and maintains infrastructure (for energy and water, among others);
• Grows new opportunities for economic growth at local and regional levels;
• Promulgates accountable and transparent environmental and other management systems, cleaner production and eco-efficiency;
• Generates resources needed to finance social needs, for example tax revenues to public authorities;
• Engenders capacity to design and implement technological innovation and cooperation.