What is stewardship definition?

Stewardship refers to the responsible management and protection of resources, typically financial or natural resources, on behalf of others. It involves making decisions that balance economic, social, and environmental priorities in order to maximize long-term benefits for all stakeholders. A good steward is someone who not only manages resources efficiently but also takes into account the interests of future generations. In the business context, stewardship involves ensuring that a company's assets are being used in a sustainable way and that the interests of shareholders and other stakeholders are being protected. In environmental stewardship, it means taking care of the earth and preserving natural resources for future generations.