Lecture 2 - Accounting Flashcards
1
Q
What does Sustainable Business Model Canvas consist of?
A
Supply Chain
1. Key Partners
2. Key Activities
3. Key Resources
4. Value propositions
Customer
5. Customer Relationships
6. Channels
7. Customer Segments
Costs & Revenue
8. Cost Structure
9. Revenue Streams
10. Eco-Social Costs
11. Eco-Social Benefits
2
Q
Business Decisions
A
- Understand where to focus
- Sourcing decisions
- Assess product risk
- Product design
- Internal carbon pricing
- Capital allocation
- Carbon offsetting
- Educating customers
3
Q
Camaraderie Focus
A
We are all in this together. There is a family or a team feeling here
4
Q
Clarity Focus
A
Management makes expectations clear. Management has a clear view of where the organization is going and how to get there
5
Q
Developing KPI’s: 5 core principles
A
- Alignment Principle
- Separation-principle
- Involvement-principle
- The experimentation principle
- The measurement Cost & Benefit Principle
6
Q
Double Materiality
A
Disclosing more than just financial performance, including information like ESG
