CSR considerations of elements Flashcards

1
Q

what is the triple bottom line

A

people, planet, profit

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2
Q

what is csr

A

the ethical conduct of a business where they go above and beyond their legal obligations. they do this in aim to improve their social, economic and environmental outcomes of stakeholders.

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3
Q

considerations of inputs

A

identifying how the business can improve the environmental sustainability of its natural resources.

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4
Q

strategies for inputs

A

sourcing from local suppliers to reduce transport emissions, sourcing from suppliers with natural resources, installing reusable and clean energy sources.

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5
Q

considerations of processes

A

a business will aim to be as efficient and effective as possible.

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6
Q

strategy for processes

A

removing harmful chemicals from waste products, disposing of any harmful wastes, developing methods to capture and recycle excess inputs to reduce waste.

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7
Q

considerations for outputs

A

they are socially responsible to ensure that goods and services produced does not cause harm to the wider community.

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8
Q

strategy for outputs

A

eliminating as much plastic as possible, developing an environmentally friendly alternative, creating products with recyclable elements.

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