If genetically modified organisms are to contribute to welfare they must be considered in the context of sustainable development. Biosafety implies considering the environmental, economic and social dimensions of sustainable development. These dimensions can be interpreted through the principles of precaution, polluter pays and public participation. In this article, these key biosafety principles are operationalised and ways of implementing them in society are discussed. A comparison is made between the principles and the present EU law for deliberate release of GMOs. It is concluded that several improvements in EU policy are necessary to ensure sustainable development really is promoted.