Sustainability, CSR and CSV

Sustainability is the ability to exist constantly.

False (B)

<p>The explicit CS is the result of a voluntary and strategic decision of the company.</p> Signup and view all the answers

<p>Sustainability requires focusing on a triple Bottom Line: the combined set of Economic, Environmental and Social.</p> Signup and view all the answers

<p>It is unethical practice where companies mislead consumers by claiming to be environmentally friendly or sustainable.</p> Signup and view all the answers

<p>All of the above (D)</p> Signup and view all the answers

<p>Greenhushing refers to a situation where a company withholds information about its environmental practices, even if they're taking some positive sustainability initiatives.</p> Signup and view all the answers

<p>Individuals and organizations generally want to do at least as well as others in similar circumstances.</p> Signup and view all the answers

<p>Development that meets the needs of the present without compromising the ability of future generations to meet their own needs (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>David thinks that social responsibility begins where the law ends. A firm is not being socially responsible if it merely complies with the minimum requirements of the law, because this is what any good citizen would do.</p> Signup and view all the answers

<p>Stakeholder theory continues to evolve according to new theories that see an ever greater inclusion of stakeholders in the value creation process.</p> Signup and view all the answers

<p>to help organizations effectively identify, assess, and manage risks (D)</p> Signup and view all the answers

<p>None of the above (D)</p> Signup and view all the answers

The ability to exist and develop continuously without harming the environment.

A company's efforts to assess and take responsibility for its social and environmental impact.

Business strategies that enhance a company's competitiveness while improving societal conditions.

A 1987 document defining sustainable development as meeting present needs without compromising future generations.

An accounting framework that incorporates three dimensions: economic, social, and environmental.

Misleading consumers about a company's practices regarding sustainability.

Withholding information about a company's genuine sustainability efforts.

A theory emphasizing the importance of all stakeholders in the decision-making process of a business.

Identifying which sustainability issues matter most to a company's business and its stakeholders.

Global goals set by the UN to address global challenges by 2030.

A technique used to assess the potential impact of different future events on a project.

Modifying an input variable to see how it affects the overall outcome.

Regulations ensuring that environmental claims made by businesses are accurate and substantiated.

Risks linked to Environmental, Social, and Governance factors that could impact a business.

An international standard providing guidelines for social responsibility.

EU regulation requiring companies to report on their social and environmental impacts.

Factors related to sustainability that affect a company's financial performance.

A framework established by the UN to promote sustainable development through the SDGs.

Early warnings of potential future events that require monitoring.

Efforts to mitigate and adapt to the impacts of climate change.

Benefits provided by ecosystems that support human life.

Approaches to adjust practices and processes in response to environmental changes.

The process of increased interconnectedness among countries through trade and investment.

The effect an organization’s actions have on the well-being of the community.

Conducting business in a manner that is morally acceptable.

The process of involving relevant stakeholders in decision-making.

Natural resources that can be replenished naturally over time.

A business's obligation to be profitable while contributing positively to the economy.

Voluntary actions taken by businesses to improve society's well-being.