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MAEC Notes
MAEC Notes
- Sustainability means meeting our own needs without compromising the ability of
future generations to meet their own needs.
- While the concept of sustainability is a relatively new idea, the movement as a whole
has roots in social justice, conservationism, internationalism and other past
movements with rich histories.
8. What is Value Chain perspective? Cite changes to value chains in businesses after
applying sustainability.
- the process begins with the end user and assigns a higher value to those activities
that are most important to the customer. Supply chain analysis typically focuses on
the costs of goods or services.
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9. Is sustainability a synonym of corporate social responsibility? Why or why not?
10. What is sustainability strategy and planning?
11. What is stakeholder engagement? How is this relevant to sustainability in businesses?
12. What is Sustainability Reporting?
13. What are the two major elements present in the Sustainable Reporting? Define each
element and give specific examples of information included in each element.
14. How should sustainability be measured and reported?
15. How can sustainability report become meaningful?
16. What are the major differences between sustainability reporting and financial reporting
in terms of:
a. Time-scale
b. Focus
c. Economic view
d. Data
e. Materiality
f. Users
17. Briefly discuss the internal and external motivations for sustainability reporting.
18. What is the Dow Jones Sustainability Index?
19. What are the benefits that private organizations can enjoy because of sustainable
reporting?
20. What are the two important reporting frameworks? Briefly discuss each.