Sustainability Flashcards
Triple Bottom line
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
General notes on sustainability
- Consider the 6 capitals: KING IV as part of strategy
- GRI – Global Reporting Initiative
Key drivers for sustainability
- Competition for resources
- Climate change
- Economic globalization
- Connectivity and communications