The Brundtland Report defined and popularized the term “sustainable development” as “development that meets the needs of the present without copromising the ability of future generations to meet their own needs”.
US SIF, the Forum for Sustainable and Responsible Investment, founded
Global Sullivan Principles announced
The Global Sullivan Principles were created to promote corporate social responsibility among companies doing business in apartheid South Africa. Reverend Leon Sullivan aimed to use the principles to exert pressure on South Africa to eliminate the apartheid system.
United Nations Environment Program (UNEP) established
The UNEP was established in Stockholm, Sweden, at the UN Conference on the Human Environment.