The concept of sustainability centers on a balance of society, economy and environment for current and future health. Responsible resource management in all three areas ensures that future generations will have the resources they need to survive and thrive. One way that companies can consider sustainability and social responsibility is by focusing on the triple bottom line, which is an expanded baseline for measuring financial, social and environmental performance. It is also referred to as “People, Planet and Profit.” The advantages enjoyed by an organisation that implements sustainable management include higher efficiency and competitiveness, increased financial returns and reduced risk for shareholders, attraction … Continue reading →
For companies that are focused on ESG (environmental, social, governance) sustainability reporting, one of the most important things is the metrics. They help demonstrate that the report is accurate and stakeholders can use it to make the right decisions, whether for investment or buying targeted products. With the right metrics, it is also easy for companies to evaluate their progress and track goals that demonstrate their operation efficiency and impacts. There are four main areas of sustainability that companies focus on: human, economic, social, and environmental, and each comes with its own metrics. In this post, we will look at … Continue reading →
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