TEKS was originally established on 2009 in France in the Hautes Alpes in a area close to Italy and Switzerland, to work on the development of sustainable and innovative manufacturing processes for the aerospace and the energy sector.
This led the company to the development of new processes and materials that could be used in the aeronautic and the auto motorsport industries to reduce both vehicle weight and the carbon footprint of the associated processes. Attention has focused on the design and manufacture of advanced polymeric composites, advanced materials and metal matrix composites as these offer the potential for dramatic weight reduction and there is a potential to manufacture high value components in niche markets.
The term sustainable development is most widely cited from the 1987 report of the World Commission on Environment and Development (the Bruntland Commission), entitled “Our Common Future”.
“Development which meets the needs of the present generation without jeopardising the ability of future generations to meet their own needs.”
There is a general consensus that the present way of living is not sustainable; thus, we are living beyond our means and our current way of life is placing an increasing burden on the planet. The stress we put on resources and our environmental systems (water, air, land) simply cannot go on forever.
In the business world, to adhere to the traditional bottom line (i.e., the economic bottom line) is simply not enough and organisations are increasingly thinking about the “triple bottom line” (3BL) in an attempt to include environmental quality and social justice with economic prosperity.
Although meeting the needs of each of these dimensions may seem to conflict with each other in the short term, meeting the needs of the future depends on how we balance each of them when making decisions today.