Sustainability Accounting
Involves, linking sustainability initiative to company strategy, evaluating risk and opportunities, and providing measurement to ensure that sustainability is embedded into the day-to-day operations of the company
What is Sustainability Accounting?
Document that provides the environmental, economic, and social impact of the company
What is a sustainability report?
The ability to be maintained at a certain rate or level
What is sustainability?
The worlds greatest polluter
What is Coca-Cola?
Includes both private costs and societal costs
What is environmental costs?
The overall goal of sustainability reports.
What is transparency?
This material does not decompose, biodegrade, or compost
What is plastic?
The world headquarters of Coca-Cola.
What is Atlanta, GA?
Companies should commit as much to people and the environment as they do to profits
What is triple bottom line?
Standard setter that researches sustainability issues most relevant to specific industries every 18 months
What is the Sustainable Accounting Standards Board (SASB)?
What is climate change?
What is the World Wildlife Fund?
The percent of time an environmental auditor spends walking around the facility looking for components that can have an environmental impact
What is 60%?
This standard setters goal includes: "Create a common [sustainable] language for organizations"
What is the Global Reporting Initiative (GRI)?
The act of conveying misleading information regarding how a company's products are more environmentally sound (when they're not).
What is greenwashing?
The year Coca-Cola released their first GRI report
What is 2012?
The three perspectives of sustainable/environmental accounting.
What is national income accounting, financial accounting, and internal/managerial accounting?
This standard setter aims to create a lasting relationship between shareholders and corporations regarding the implications of shareholder value and commercial operations presented by climate change.
What is the carbon disclosure project?
A city known for their plastic mountain
What is Dar Es Salaam, Tanzania?
Coca-Cola replaced their glass bottles with this type of plastic.
What is PET (polyethylene terephthalate) plastic?