Sustainability Flashcards

1
Q

Triple Bottom line

A

Economy – reflects activities related to shaping demand for products and services, employee compensation, community contributions, local procurement policies, and other monetary issues related to company activities.

Society - reflects activities in shaping local,
national and international public policy, equality, treatment of minorities, employee issues and public concern. That is, organizational citizenship.

Environment – reflects the impact made through processes, products or services that affect the environment. These may include air, water, land, natural resources, flora, fauna and human health

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2
Q

General notes on sustainability

A
  • Consider the 6 capitals: KING IV as part of strategy
  • GRI – Global Reporting Initiative
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3
Q

Key drivers for sustainability

A
  • Competition for resources
  • Climate change
  • Economic globalization
  • Connectivity and communications
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