Sustainablity

sustainability idea

firstly emerged as an economic concept and sustainability and sustainable economic development are used interchangeably, leaving social and environmental dimensions of sustainability in an inferior position

Social, economic and environmental

one of the significant challenges for organizations and society

Holdway

He argues that social and environmental accountability by firms can be compromised by a lack of democracy within engagement and decision-making processes.

Sustainability accounting and reporting (SAR)

constitute a process through which an organization's sustainability performance is measured and communicated

Sustainability Accounting

represents an information management and accounting method that creates and provides information aimed at demonstrating an organization's progress towards its sustainable goals.

Sustainability Reporting

completes the process by formalizing the information to disclose about the organization's sustainability performance

Sustainability Accounting and sustainability reporting

two distinct terms, together, they form a unique accountability system able to record and communicate information on organizations' sustainable performance

organizations

an integral part of society and the economy.

sustainable strategy

can lead to business resilience by enabling an organization to create value for its shareholders while also contributing to a sustainable society by meeting the needs of this generation without sacrificing future generations

truly sustainable strategy

one that integrates material sustainability issues, leading to business models that enable net positive economic, environmental, and social impacts

True Cost Accounting

The discipline of this enables us to understand more about the scale and nature of 'externalities' by identifying, categorizing and quantifying, and where possible pricing all the different costs and benefits involved

Hidden Costs

Expenses not included in purchase price

A Tale of Two Chickens

a short film which illustrates how we are paying a high price for food in hidden ways and why we need true cost accounting in our food and farming systems

Economic

revenue, profit, company turnover

Social

labor statistics, human rights, consumer issues, community impact

Environmental

water stewardship, greenhouse gas emissions, waste management

materiality assessment

considers various perspectives, creates a solid basis to develop plans for managing business sustainably

Strategy, reporting and communication

can be aligned along uniform priorities, while strengthening the relationships with your most important stakeholders

Environmental matters

Current and foreseeable impact on the environment

Environmental matters

Use of renewable and/or non-renewable energy

Environmental matters

Greenhouse gas emission

Environmental matters

Water use

Environmental matters

Air pollution

Environmental matters

Land use

Environmental matters

Use of materials

Social matters

Dialogue with local communities

Social matters

Actions taken to ensure the protection and the development of those communities

Employee matters

Actions taken to ensure gender equality

Employee matters

Implementation of fundamental conventions of the International Labor Organization

Employee matters

Working conditions

Employee matters

Social dialogue

Employee matters

Health and safety at work

Employee matters

Rights of Trade union

Employee matters

Rights of workers

Employee matters

Diversity of competences

Employee matters

More diversified on Boards

Human rights matters

Prevention of human rights abuses

Anti-corruption and bribery matters

Instruments to fight corruption and bribery

sustainability report

a report published by a company or organization about the economic, environmental and social impacts caused by its everyday activities

sustainability report

presents the organization's values and governance model and demonstrates the link between its strategy and its commitment to a sustainable global economy."

Sustainability reports

aim to enable companies to measure the impact of their activities on the environment, on society and on the economy (the famous triple-bottom-line).

Sustainability reports

allows companies to externally communicate with their stakeholders what are their goals regarding sustainable development and CSR.