BUAW 4 Flashcards
1
Q
Sustainability is…
A
“to last”
It is to meet the needs of the current society without compromising with future generations
2
Q
What is the report called, regarding Sustainability
A
Brundtland Report 1987
3
Q
Three common principles/ Triple bottom line (think SEE)
A
Social equality
Environmental protection
Economic growth
or planet people and profit
4
Q
CSR meaning
A
Corporate Social Responsibility
5
Q
Accountants to uphold sustainability
(4 reasons)
A
-reputational risk
-sustainable practices
- public interest
- ethical culture